Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon

Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon

Airdrop hunters flocked to MetaMask Swap and the Polygon network in an effort to qualify for a possible token distribution from the popular cryptocurrency wallet provider.

Five- to six-figure-size airdrops have become the new norm in the crypto sector, and a growing number of analysts believe there are more to come. In September, 

According to data from DappRadar, the 30-day average number of transactions on MetaMask Swap has increased by 13.95% while the number of active users has risen 18.25%.

MetaMask swap statistics. Source: DappRadar

The historical activity chart above also shows a large spike in volume on Nov. 11, right as rumors about a potential airdrop were widely circulating on crypto social media channels.

Whether or not the spike in activity will pay off for those seeking an airdrop remains to be seen, and it’s possible that MetaMask will employ some measures to counteract those trying to game the system with Sybil attacks, similar to what was seen with Ribbon Finance.

The recent airdrop from ParaSwap provides a good example of some of these “anti-airdrop hunter” countermeasures that could be taken to thwart those looking to game the system. The ParaSwap team made sure that only 1.5% of unique addresses that engaged with the protocol received the airdrop, much to the chagrin of airdrop hunters and honest early users of the platform.

At the moment, it’s not confirmed whether or not the team at MetaMask will release its own native token or whether an airdrop will occur. This means that all of the suggested methods for interacting with the platform in order to receive this rumored airdrop are nothing more than speculation, for now.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, and you should conduct your own research when making a decision.

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