Airdrops Glossary

A 50-term glossary for airdrops, airdrop farming, and safe Web3 coins-farm concepts.

Some airdrops reward participation across multiple ecosystems, reflecting the reality that Web3 is multichain. A major example is …

Impermanent loss is the opportunity cost liquidity providers experience when asset prices change relative to holding those assets outside …

Questing (missions, campaigns) refers to task-based participation loops where users complete actions-use an app, bridge, vote, stake, or …

A Merkle tree is a cryptographic structure used to publish a large eligibility list without storing every entry on-chain. The project …

Fully Diluted Valuation (FDV) values a token as if the entire total supply were circulating at the current price. FDV can be useful for …

Yield farming is a DeFi strategy where users move assets across protocols to earn rewards-fees, emissions, staking yields, or points that …

A token approval is permission you grant to a smart contract to spend a token from your wallet. Approvals are normal for DeFi and …

Wallet segmentation means using different wallets for different purposes: a “burner” wallet for experimenting, a …

Phishing is the attempt to trick you into giving away access-by stealing seed phrases, capturing signatures, or getting you to approve a …

A snapshot is the moment a project records on-chain state to determine airdrop eligibility and allocation. Snapshots can be a specific block …