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Definition token airdropretroactive distributionclaim

Airdrop

A free distribution of tokens to a set of addresses, usually selected by past activity, to spread ownership and reward early users.

The mechanism is a snapshot of chain state at a chosen block height, a published eligibility rule, and a claim contract that lets qualifying addresses collect. Protocols use airdrops to distribute governance power to the people who actually used the system, to bootstrap a user base, or to satisfy a promise made to early testers. Uniswap's September 2020 distribution of UNI to prior users is the best-known example and set the retroactive template. Consequences follow: eligibility farming through many addresses, unclaimed supply that eventually returns to a treasury or stays outstanding, and tax treatment that in several jurisdictions counts receipt as income.

In der Praxis

Uniswap distributed governance tokens in 2020 to addresses that had previously interacted with the protocol, based on a snapshot taken before the announcement.

Das häufige Missverständnis

Tokens that appear unexpectedly in a wallet are frequently bait: interacting with an unknown airdropped token can route you to a contract built to exploit approvals.

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Verwandte Begriffe

Address Clustering Grouping blockchain addresses that appear to be controlled by the same person or company so…
Circulating Supply The number of units of an asset currently held by the public and able to move, excluding locked or…
Governance Token A token that lets holders vote on changes to a protocol, such as parameters, budgets, and upgrades.
Initial Coin Offering A sale of a newly created token to the public to raise funds, typically before the product the…
Token A unit of value or rights recorded on a blockchain, usually created by a smart contract rather than…
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