What is an airdrop?

A crypto airdrop is the process of sending free coins or tokens to selected wallet addresses or users who meet certain criteria (for example, own a certain Ordinal collection).

How do I find out if I have an airdrop in my escrow wallet?

  1. Go to Magic Eden.

  2. Find the Ordinal you used in a loan and click on it.

  3. Scroll through the transaction history to find the loan escrow address.

Who can claim the airdrop?

The airdrop can be claimed by whoever is claiming the collateral -- lender or borrower.

How do you claim the airdrop?

There are two possible options.

If the loan is currently in progress and an airdrop is dropped into the escrow wallet:

  1. When the loan is over (repyament or default), the person unlocking the Ordinal can also unlock the airdrop at the same time.

If the loan has been completed and the airdrop is dropped into the escrow wallet retrospectively:

  1. Find the escrow address and open a discord ticket here.

  2. We will manually set up for you to unlock from your escrow wallet.

  3. Navigate to Airdrop Claim page.

  4. Follow prompts.

Last updated