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Basic Questions about Cryptos / Re: [GUIDE] What are Crypto Airdrops?
« Last post by Paldo.io on Today at 02:49:25 AM »But unlike these social media points-based airdrops, there is more risk of losing your investment in these liquidity airdrops. I mean you added LP and afterward, the pair starts to lose value. Although it would be a win-win if you are holding a token for the long term and you added it into LP to gain airdrop.Not really lol I wouldn't be recommending these airdrops if there was a higher chance of losing money (e.g. Tensor, etc). 90%+ of the LP airdrops listed on Paldo.io are lending-based and inverse-traders PnL from PERPs, not AMM-LP based as you're describing.
Speaking of reputable airdrops, many are still in the point system. Like I joined few more airdrops today which was basically testnet based and tasks were easy and free to do, and those platforms had more than $5 million of fundraising (minimum).Most of the liquidity-based airdrops are using a point system simply because it's the best way to track progress.
Many are no longer finding this interesting since they don't stand a chance of earning any reward after a long term waiting on some of these airdrops, but most beginners are using that as an avenue of learning in other for them to get used to the system in crypto, but you will hardly see someone who is experience and is after the chase of airdrops, as regards this presentation from OP, its a nice one and will help newbies understand what airdrop is because its explanatory.Up to them if they don't want to participate. The lesser the participants, the more allocation I can get from the airdrop lol.
Patience has always been a problem with this industry, that's why you get people dumping their investments after they get bored. It's no different in the airdrop industry.