HomeTopics
#PointsPrograms
Points programs news and analysis from LC Insight: 11 stories, newest first.
2026's biggest airdrops: $809 million claimed, 9 of 11 tokens below first close
On-chain data compiled by Bitquery puts 51 large EVM airdrops this year at $809.4 million and 2.02 million claiming wallets. Most claimers moved their tokens within a day, and CoinGecko prices show only Backpack and Espresso above their first daily close.
Backpack gave users 25% of BP and insiders nothing. BP is up 285% from its first close
Backpack airdropped 250 million BP to points holders and Mad Lads owners on March 23, 2026, worth about $57 million at CoinGecko's first daily close. No team or investor tokens unlocked, and the next 37.5% of supply unlocks only when the company hits growth milestones.
82,671 wallets claimed Brevis' BREV airdrop. 45% of the claim pot was never collected
Brevis opened its BREV claim on January 6, 2026, after a points campaign, a Kaito leaderboard and a Binance HODLer drop. The Ethereum claim contract still holds 45% of its 20 million BREV, and the token trades about 77% below its first daily close.
Polymarket has no POLY token. So why is it still pursuing a POLY trademark?
Polymarket's help center says it has announced no airdrop and no token launch, and that all rewards are paid in pUSD. Meanwhile a February application to trademark "POLY" for crypto token services is still alive, with a reply filed on November 2.
MetaMask's points season ended in LINEA allocations. It has "no plans" for a MASK token
MetaMask Rewards Season 1, from October 28, 2025, to January 23, 2026, gave users above 1,000 points a LINEA allocation. LINEA now trades about 28% below its price on February 23, when MetaMask said the claim window had closed, and the help center says there is no $MASK token plan and no next season, only short campaigns paid in mUSD.
What is a TGE? Token launch day explained, and why most supply stays locked
A TGE, or token generation event, is the moment a crypto project creates its token and the first slice starts to circulate. Airdrop claims and trading usually begin then, while team and investor tokens stay locked for months or years.
What are points programs in crypto? How they work and why points are not tokens
A points program scores what users do on a crypto product, such as deposits, trades or referrals, and usually hints that points will later become tokens. Points are not tokens: the project decides if, when and how they convert.
How crypto airdrops work, and how to spot the scams that copy them
An airdrop is a free drop of tokens to wallets, usually as a reward for early users. Real airdrops never ask for your seed phrase. Most scams instead trick you into signing a transaction on a fake claim site.
StandX cancels its token and shuts down. Users get one DUSD payout of unknown size
The perpetuals exchange on BNB Chain and Solana dropped its token plans, switched trading to close-only and opened a one-time DUSD airdrop claim on October 31, 2026. It has not said how big the pool is, and the claim closes on December 31.
Meteora paid Solana LPs 20 million MET for the fees they earned. That was the last season
Meteora handed about 2% of its token supply to liquidity providers, based on a year of trading fees. Claims closed on October 21, the points system is over, and MET has fallen to about half its peak.
Variational will give users 32% of VAR, fully unlocked. Why did the launch slip to Q4?
The derivatives protocol behind the zero-fee Omni app, backed by a $50 million Dragonfly-led round, pushed its token launch to Q4 2026, citing unnamed partnerships. Points farmers are still earning 150,000 points a week.