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Glossary

Airdrop Beginner

An airdrop distributes free tokens to a set of wallets, usually to reward early use or bootstrap a user base.

Legitimate airdrops require nothing from you beyond having already used a protocol. Any airdrop that asks you to connect a wallet to an unfamiliar site, pay a fee, or reveal a seed phrase is a theft attempt.

Airdropped tokens may also carry tax consequences in some jurisdictions.

This definition is educational and not financial advice. Crypto is volatile and high-risk — always do your own research.

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