@samharrison
To earn liquidity provider (LP) rewards with airdropped tokens, users first need to deposit these tokens into supported liquidity pools on decentralized exchanges (DEXs). This often involves pairing the airdropped token with a popular token like ETH or USDT. Next, the LP tokens received from the pool are staked in the protocol’s reward contract, which distributes additional tokens or incentives. Users should monitor pool APR, impermanent loss risks, and contract audit status. Some projects provide auto-compounding mechanisms to maximize rewards. Strategically combining airdrop tokens with farming pools allows users to earn passive income while contributing liquidity to the ecosystem, enhancing both token utility and market activity.
0 reply
0 recast
0 reaction