Here are the Top Potential Crypto Airdrops to Watch Right Now
Airdrops have become a popular way for those involved in digital currencies to receive extra tokens, essentially free money, just for being part of a cryptocurrency community.
They work by distributing new tokens directly into the wallets of active participants as a reward or promotional boost, without any cost to the recipients.
Let’s dive into the top five airdrops happening right now that you won’t want to miss.
Marinade is a liquid staking protocol on Solana. Liquid staking is a service where users can lock up tokens and take advantage of already-staked tokens to participate in various yield-generating activities on DeFi.
In Marinade, users can stake Solana (SOL) tokens to receive MNDE, a protocol governance token pegged to the price of SOL. In other words, users receive 1 MNDE for every 1 SOL locked up in the protocol. The more MNDE they have, the more votes they have in Marinade governance, treasury, and improvement proposal polls.
To take advantage of the offer, visit the Marinade’s website and connect a Solana wallet with some SOL loaded onto it. Doing so will net you an 1 mSOL, the staking token used in the protocol, alongside 1 MNDE. MNDE is also rewarded to users who refer their friends to the protocol.
Solana’s leading perpetual swap futures exchange, Drift Protocol, rolled out its own points program in January to reward users ahead of an airdrop.
Points are distributed once a week to users based on their trading volume. The total number of points given to protocol hands out is 100 million a week. Drift Protocol’s four key metrics in assessing this are total volume, the number of users, cumulative trades, and the total value locked (TVL).
To date, Drift has processed over $5 billion in trading between over 90,000
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