What it means
Tokens sent to many wallets for free, often to reward early users of a protocol.
Real airdrops exist, but many are scams: a token appears in your wallet with a link asking you to claim it, and the site drains your wallet.
How it works
Never sign anything to claim tokens you didn't expect. Defied has no token, so any Defied airdrop is fake.
Related terms
| Term | What it means |
|---|---|
| Phishing | A scam that tricks you into giving away your key or signing a harmful transaction, usually through a fake site or message. |
| Token | A unit of value recorded on a blockchain, which can stand for money, a vote, a share of a pool or anything else. |
| Token approval | Permission you give a smart contract to move a set amount of one of your tokens, also called an allowance. |
This glossary explains terms in general. It isn't investment, tax or legal advice.