A mechanism where protocols award non-transferable points to users for specific actions like providing liquidity, trading, or bridging.
A mechanism where protocols award non-transferable points to users for specific actions like providing liquidity, trading, or bridging. Points typically convert to tokens in a future airdrop. The points meta exploded in 2024 as protocols used it to bootstrap activity before launching their token.
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.
A marketing strategy where crypto projects distribute free tokens to wallet addresses.
Strategically using protocols before they launch a token to qualify for free airdrops.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
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