Airdrop Farming 101: How to Earn Crypto Airdrops
Airdrop farming means using protocols/exchanges early, then earning free token rewards when they launch. Arbitrum, Optimism and similar airdrops have rewarded early users thousands of dollars.
TL;DR
Airdrop farming means using protocols/exchanges early, then earning free token rewards when they launch. Arbitrum, Optimism and similar airdrops have rewarded early users thousands of dollars.
The Basic Logic of Airdrop Farming
Why projects airdrop: acquire users, generate market buzz, reward early ecosystem participants. Typical process: project announces Snapshot date → you must complete required actions before snapshot → tokens distributed based on activity records → sell after listing for profit. Successful historical airdrops: Arbitrum (ARB): early Arbitrum chain users, average ~$3,000 in tokens. Uniswap (UNI): any wallet that had used Uniswap received 400 UNI (~$1,200 at the time). Optimism (OP): multiple rounds, ongoing. Blur (BLUR): early NFT marketplace users received large token rewards.