Looking back at 2025, more and more participants have to admit: the returns from airdrop harvesting this year were far from ideal. There was no shortage of projects, and participation rates remained high, but truly successful ones were few and far between—shrinking airdrops, tokens peaking at launch, and insufficient liquidity support have increasingly become the norm.
Once considered a low-risk "consensus dividend," airdrop harvesting now resembles a highly competitive filtering mechanism. As the红利 (dividends) fade, the underlying issues become clearer:
Should one continue participating indiscriminately, or reassess their time, risk, and expectations?
#PANewsCryptoYearEndReview






