Complete guide to airdrop: How to get free tokens and earn on DeFi

Airdrop is a method of distributing free tokens or cryptocurrencies among users. A project or platform may use airdrop to spread its tokens, increase its user base, or draw attention to a new product. In this guide, we will explain what airdrop is, how it works, and how you can earn from it.

In this article, we will cover:

• What is airdrop and how does it work?

• How to get tokens through airdrop.

• Types of airdrops in DeFi.

• How to choose safe and profitable airdrops.

• Where to find promising airdrop projects.

After reading this guide, you will not only understand what airdrop is, but you will also learn how to get free tokens and use them to your maximum advantage.

What is airdrop?

Airdrop is the process of distributing tokens for free among users, which is used by cryptocurrency projects to attract attention to their product or platform. Tokens can be provided either for completing certain actions or simply for participating in the campaign.

Example: A project might provide tokens to users who complete simple tasks, such as subscribing to social media accounts, registering on the platform, or participating in a poll.

How does airdrop work?

Airdrop works through smart contracts, which automate the process of distributing tokens among users. To receive tokens through airdrop, you need to complete a few simple steps, such as:

• Subscribing to channels on Telegram, Twitter, or other social networks.

• Participating in polls or platform testing.

• Registering on a cryptocurrency exchange or participating in DeFi platforms.

After completing these actions, the project will send you tokens, which you can use for trading, storage, or further involvement in the development of the project ecosystem.

What types of airdrops exist in DeFi?

• Subscription airdrop — Projects distribute tokens for subscribing to their social media channels or performing other simple actions (e.g., retweets or likes).

• Token airdrop — Tokens are distributed for performing more complex actions, such as testing products or voting on the platform.

• Airdrop for staking or liquidity participation — Some projects run airdrops for users who provide liquidity on the platform or participate in staking

• Bounty programs — Users can earn tokens for completing tasks or actively promoting the project (e.g., creating content or moderating forums)

How to choose safe and profitable airdrops?

Not all airdrops are equally safe, so it’s important to choose projects carefully. To minimize risks, consider the following points:

• Project reputation — Research the project, its team, and its goals. Check reviews in communities such as Reddit, Twitter, Discord, and Telegram.

• Security — Ensure that the project has passed a security audit and adheres to all necessary data protection measures.

• Participation conditions — Read the terms of participation in the airdrop. Be cautious if the project asks for too much personal information or large investments.

• Project prospects — Evaluate how promising the project is. If the project is seriously aiming for success, its tokens may rise in value after launch.

What can you earn from airdrop?

With the right approach, participating in airdrops can lead to significant earnings, especially if the project turns out to be successful. In some cases, tokens received through airdrops may greatly increase in value.

Example: At the start of a project, tokens might be worth almost nothing, but if the project gains popularity, their value can increase by thousands of percent.

Where to find promising airdrop projects?

To avoid missing out on profitable opportunities, it’s important to keep track of new projects and events in the cryptocurrency space. Here are a few places where you can find information about new airdrops:

• Cryptocalendar — A platform that gathers up-to-date announcements and news about new airdrops and cryptocurrency events.

• Social networks — Follow the official channels of projects on Telegram, Twitter, and other platforms, where announcements about new airdrops are frequently posted.

• Forums and communities — Reddit, Discord, are often places where new airdrops are discussed.

Tip: Keep an eye on new project announcements on the DeFi Pulse platform and other crypto calendars so you don’t miss profitable airdrop campaigns.



Conclusion

Airdrop is a great way to get free tokens, but it’s important to be attentive and cautious when choosing projects. Always check the project’s reputation and its security to avoid risks.

Stay up to date with new projects and don’t miss your chance to earn on DeFi through participation in airdrop campaigns!