Cryptocurrency dictionary - retrodrop

Retrodrop is an activity with monetary costs when working with the platform: the user spends funds on the commission, performs token exchanges and cross-chain transfers, replenishes the deposit, withdraws liquidity, and performs other activities for which he will receive project tokens or a cash prize in the future.

The difficulty of this method of earning is that no one knows in advance whether his actions on the platform will be rewarded. You can spend thousands of dollars on transactions for which you will receive nothing. However, there were cases when users made only a couple of swaps for $100, for which the project "sketched" a retrodrop of $5000-10000.

Most often, retrodrops give out:
· DEX-sites for users of new blockchains;
· Crosschain protocols;
· Layer 2 and Layer 3 of already functioning networks, for example, Ethereum;
· IDO-launchpads, coin trackers and portfolio building services;
· NFT-marketplaces, crypto-wallets;
· Crypto lending platforms, oracles and other DEFI projects.