What Is Terra Airdrop? Everything You Need to Know

If you want to succeed with cryptocurrency investing, then you should probably opt to go with Terra. There are many Terra investors who are making impressive profits mainly due to its airdrops. Believe it or not, most Terra investors are more excited about airdrops than anything else in the cryptoverse. So, maybe you should join them and see what we are talking about.

But before this, you need to understand more about Terra airdrop, especially what it is, how to claim it and the like.

If you are reading this article, then you are in for a treat. We have provided everything you need to know about Terra airdrop. Double-check it to discover more.

What Is Terra Airdrop?

Airdrops can be compared to dividends in traditional finance. Terra airdrop is simply a new project that Terra is working on that is distributed to the airdrop investors without a price.

The participants receive dividends weekly. Moreover, they are given a chance to make major decisions including voting and more.

The Terra airdrop is backed up by a token known as Terra token or rather Tern. Any projects held by Terra are represented by the token. The airdrop participants receive 50 Tern tokens for free. This, on the other hand, means that they are welcome to use free Terra wallets.

Types of Terra Airdrop

The Terra airdrop may come in various sizes or shapes. There are those that are big while others are frequent. Without wasting time, let us check them out in detail.

l  Weekly airdrops - An investor in Terra will often get weekly airdrops. They are usually small when it comes to size. On the bright side, these airdrops are given frequently. When a LUNA-tic delegates LUNA (the Terra governance token) on the Terra station, they are rewarded with these weekly airdrops.

l  Genesis airdrop - When you start staking LUNA in Terra, you are rewarded with a welcome gift. This gift is what we are referring to as a genesis airdrop. It is usually very big.

How Can You Claim the Terra Airdrop?

There are two main ways you can claim Terra airdrop, which are both very convenient. If you want to be eligible for Terra airdrop, then you can use the following methods.

l  Visit the Loop market - All crypto enthusiasts including you should visit the Loop market. It is the best platform that gives all the users a chance to get involved in different activities that will, in turn, earn them Terra airdrops or even more Terra coins. If you want to learn more about this market, then it is best if you visit their website. They have plenty of helpful information.

l  Receive credit for performing tasks - We are all aware that nothing comes easy in this world. You have to work and do your best to achieve something. Well, the same can apply to receiving tokens from Terra airdrop. You can simply sit down in your office or at home, post information on Terra on the directed platforms on social media, and lastly, get your payment for this.

Final Words

Terra services have a promising future. Everyone who invests in crypto aims for success. All the success lies within Terra airdrop. And because we have provided you with ample information about this complex topic, we are sure that you can handle everything.