NFT staking airdrops require holding qualifying collections in approved wallets for specified durations.
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Aggressively farming airdrops carries multiple risks. First, sybil detection tools may disqualify wallets with repetitive or unnatural patterns, wasting time and effort. Second, interacting with unverified protocols exposes users to hacks, rug pulls, or phishing. Gas fees also accumulate quickly, sometimes outweighing potential rewards. Legal and regulatory risks may arise when receiving tokens from projects operating in gray areas. Furthermore, splitting funds across many wallets increases management complexity and mistakes. While farming can be lucrative, reckless approaches amplify risks significantly. Sustainable strategies involve balancing exposure, using trusted platforms, and prioritizing security over chasing every campaign indiscriminately.
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Migration-based airdrops attract competitor liquidity but often see short-term retention.
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