Another day, another airdrop: power DeFi users can now claim Stake DAO tokens
Multiple problems with Stake DAO's token airdrop have left some users on the outside looking in Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users might want to claim their tokens sooner rather than later. In an introductory post to the project, Stake DAO laid out the parameters for the SDT token distribution, which set aside an initial 1.5% of tokens for “active members” of....
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Finance.vote, the governance layer for DeFi communities, is conducting a series of airdrops of its FVT token to onboard a new wave of users. Participants who claim their free tokens and use them to mint a voting identity can engage with the platform’s prediction markets, earning reputation and voting power for correct calls. The finance.vote […]
One serial DeFi user now controls around 11% of 1INCH token supply following the exchange's governance token distribution event. On Christmas day, decentralized exchange aggregator service 1inch has released its governance and utility token. As part of the launch, the platform airdropped 90 million 1INCH tokens to users who had previously traded on the exchange.According to data from on-chain analytics provider Dune, the highest recipient of the free token distribution received 9,749,686.003 tokens that were worth about $27.5 million at the peak price of $2.8 per token. An examination of....
DeFi farmers are claiming to have made hundreds of thousands of dollars by gaming dYdX ‘s recent airdrop. As dYdX’s governance token gains amid speculation that Chinese traders could be migrating to the derivatives DEX, savvy DeFi farmers are claiming to be sitting on six-figure stashes after gaming the protocol’s recent airdrop.DYDX has gained 85% in two days as reports claim that China’s crypto traders are converging on the decentralized margin trading protocol as Beijing moves to further crack down on digital assets.DYDX/USD: CoinGeckoThe exchange’s governance token was airdropped to....
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas DAO is airdropping tokens to any wallet that’s paid more than $1,559 in ether gas fees before December 26. Gas DAO Airdrops Tokens to Users That Spent $1,559 in Ether Fees Before the Snapshot A lot of projects this year have created....
A new 1inch airdrop retroactively sends tokens to Mooniswap and Uniswap users. The 1inch.exchange protocol, a platform that aggregates decentralized exchanges and provides its own automated market maker, is airdropping a new stash of its 1INCH tokens.The airdrop follows the initial generation of the new tokens on Christmas, which were distributed to past users of the aggregator. A common point of contention for the initial airdrop was the exclusion of Mooniswap users and liquidity providers, as the project's AMM platform was superseded by an integrated 1inch Liquidity Protocol.The new....