Airdrop Campaigns
Merkl supports airdrop campaigns, simplifying the process for protocols looking to airdrop tokens to their community by allowing them to get it done in a few minutes with just a few clicks while minimizing gas fees.
Merkl supports two different types of airdrops:
Custom Allocation Airdrops: Incentive providers define the reward distribution, specifying which users receive what amount. Providers upload a JSON file with allocation details, and Merkl handles the distribution via its claim system.
Snapshot-Based Airdrops: Merkl distributes rewards based on a snapshot of a given tokenβs balance at a chosen point in time.
JSON airdrops
For Custom Allocation Airdrops, providers only need to upload a JSON file specifying user addresses and reward amounts. To create your JSON Airdrop campaign on Merkl, visit this page.
The expected format for the JSON is the following
Example:
rewardToken: The token being distributed.
rewards: User rewards with recipient addresses and reasons for the rewards.
Important Note
Merkl applies a 0.5% fee to airdrop campaigns. This fee is added on top of the total airdropped amount, ensuring recipients receive the full intended distribution.
If you want exactly 100,000 tokens to be distributed to users, you need to provide 100,502.51 tokens (calculated as 100,000 / (1 - 0.5%)).
If you prefer to send exactly 100,000 tokens from your wallet, then the total sum of allocations in your JSON file should be 99,500 tokens (calculated as 100,000 * (1 - 0.5%)).
Our frontend automatically calculates the correct amount for you.
Distribution lag
Airdropped tokens become claimable at the next reward update on the target chain, which can take up to 8 hours. If you plan to announce the airdrop, we recommend waiting until the rewards are claimable to notify your users.
Token Balance Airdrops
Merkl allows you to distribute tokens to holders based on their snapshotted balance at a chosen moment in time.
For this type of campaign, in addition to the reward amount, incentive providers must specify:
Snapshot Date β The balance snapshot is taken at the last block before this date.
Distribution Date β The date on which rewards should be distributed.
Snapshot Name β A label for your snapshot.
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