The philosophy of retroactive airdrops is to fairly reward early adopters for genuine contributions—testing, liquidity provision, governance—fostering loyalty, decentralization, and organic growth without hype-driven marketing. To position early: Hunt tokenless DeFi/L2 projects on airdrops.io; interact regularly (swap, stake, bridge); track via Twitter/Discord alerts; diversify wallets to mitigate sybil risks.
- 0 replies
- 0 recasts
- 0 reactions
Receiving the BLAST airdrop may trigger ordinary income tax on its fair market value (FMV) at receipt, per IRS rules for crypto airdrops. Report as "Other Income" on Form 1040 Schedule 1. Subsequent sale incurs capital gains tax (FMV as basis) on Form 8949/Schedule D. Consult a tax pro; rules vary by jurisdiction
- 0 replies
- 0 recasts
- 0 reactions
Airdrop interaction security is ensured through wallet address verification, smart contract audits, and phishing prevention via official channel communication. Always verify links and avoid sharing private keys.
- 0 replies
- 0 recasts
- 0 reactions