StakePoint
Solana DeFi Glossary
Definitions of key terms used in Solana DeFi, token locking, LP locking, and staking. Published by the StakePoint team.
Airdrop (Solana)
The distribution of free tokens to Solana wallet addresses as a marketing or reward mechanism.
Definition
An airdrop is the distribution of tokens to multiple Solana wallet addresses simultaneously, typically as a marketing campaign, community reward, or governance distribution. Recipients receive tokens directly to their wallets without purchasing them.
Airdrops are used by Solana projects to build community, reward early users, or distribute governance tokens. They can be unconditional (all qualifying wallets receive tokens) or conditional (based on specific on-chain activity such as trading volume or NFT ownership).
On Solana, airdrops are executed by sending SPL tokens to a list of wallet addresses using a bulk transfer instruction. Tools like StakePoint's airdrop tool facilitate this process.
StakePoint & Airdrop (Solana)
StakePoint includes a free Solana airdrop tool that allows projects to distribute tokens to multiple wallets efficiently. The tool is available in StakePoint's free on-chain tools section.
Related Pages
Frequently Asked Questions
What is a Solana airdrop?
A Solana airdrop is the free distribution of tokens to multiple wallet addresses, used for marketing, community rewards, or governance distribution.
Does StakePoint have an airdrop tool?
Yes. StakePoint includes a free airdrop tool for distributing SPL tokens to multiple Solana wallets efficiently.
Related Terms
SPL Token
The standard token format on the Solana blockchain.
Token Mint
The unique on-chain address that identifies a specific token on Solana.
Solana Wallet
A software application that stores Solana private keys and signs on-chain transactions.
Solana DeFi
Decentralised finance applications built on the Solana blockchain.