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cryptocurrency

Points Meta

A trend where protocols reward users with points instead of tokens, with the implied promise that points will convert to tokens in a future airdrop.

Definition

A trend where protocols reward users with points instead of tokens, with the implied promise that points will convert to tokens in a future airdrop. Blast, EigenLayer, and Ethena popularized this model. It lets projects build activity and TVL before committing to tokenomics, but it's also been criticized as exploitative farming.

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Related Terms

Airdrop Farming

Strategically using protocols before they launch a token to qualify for free airdrops.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

Tokenomics

The economic design of a token including supply, distribution, utility, and incentives.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

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Valuable, non-public information or insights that give you a trading edge.

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