在十字路口的气流 - 呼吁透明和公平：

曾经被称为在新兴的加密货币行业内民主代币分布和社区参与的革命机制的气流，发现自己受到了严格的审查。

In the burgeoning cryptocurrency industry, airdrops have emerged as a revolutionary mechanism for democratic token distribution and community engagement. However, recent airdrop practices have come under intense scrutiny, revealing a growing trust deficit between crypto projects and their communities. A new report by Binance Research, comprehensively analyzing the current state of airdrops, has unveiled the stark reality of these seemingly benevolent acts of token distribution.

在新兴的加密货币行业中，Airdrops已成为民主代币分布和社区参与的革命性机制。但是，最近的空调实践受到了严格的审查，揭示了加密项目与其社区之间日益增长的信任赤字。 Binance Research的一份新报告，全面分析了气流的当前状态，它揭示了这些看似仁慈的代币分布行为的鲜明现实。

The report, a meticulous examination of recent airdrop practices and community sentiment, focuses on two primary types of airdrops: Retroactive Airdrops, which reward users for past actions without prior notification, and Engagement Airdrops, announced in advance to attract new users with qualifying actions. Both types, while intended to incentivize participation and foster engagement, have become breeding grounds for discontent and disillusionment.

该报告对最近的空调实践和社区情绪进行了细致的检查，重点介绍了两种主要类型的空投类型：追溯性空调，这些呼吸器奖励了过去没有事先通知和参与空调的过去的用户，并提前宣布了以合格的行动吸引新用户。两种类型虽然旨在激励参与和促进参与，但已成为不满和幻灭的繁殖场所。

To quantify and analyze community sentiment, Binance Research collaborated with X’s Grok AI, leveraging its advanced sentiment analysis capabilities to dissect social media feedback on notable token distributions over the past year. This innovative approach, combining traditional research with cutting-edge AI analysis, has yielded invaluable insights into the factors that contribute to positive and negative community reception.

为了量化和分析社区情绪，Binance Research与X的Grok AI合作，利用其先进的情感分析功能来剖析过去一年中著名的代币分布的社交媒体反馈。这种创新的方法将传统研究与最先进的AI分析相结合，对导致积极和负面社区接收的因素产生了宝贵的见解。

This article delves into the intricacies of the Binance Research report, dissecting the major failures that have plagued recent airdrops, exploring the sentiment analysis findings, and outlining the recommendations for improving future token distributions. It aims to provide a comprehensive overview of the current state of airdrops, highlighting the challenges and proposing solutions to restore trust and fairness to this crucial aspect of the cryptocurrency ecosystem.

本文深入研究了Binance研究报告的复杂性，剖析了困扰着最近空调的主要失败，探索了情感分析发现，并概述了改善未来代币分布的建议。它的目的是对当前气流状态的全面概述，强调挑战并提出解决方案，以恢复加密货币生态系统的这一关键方面的信任和公平性。

Major Airdrop Failures and the Erosion of Community Trust:

主要的空投失败和社区信任的侵蚀：

The Binance Research report paints a grim picture of recent airdrop practices, highlighting several recurring issues that have damaged community trust and fueled widespread discontent. One of the most problematic practices is the reduction of community token allocations shortly before distribution.

Binance Research报告描绘了最近的Airdrop实践的严峻图片，突出了几个经常出现的问题，这些问题损害了社区信任并加剧了广泛的不满。最有问题的做法之一是在分发前不久减少了社区令牌分配。

Last-minute alterations, such as reducing community allocations from 9.5% to 5%, as in Redstone’s March 2025 airdrop, have sparked a firestorm of criticism and irritation. This is because they deviate from the initial allocation percentages announced by the project teams.

最后一刻的改动，例如将社区分配从9.5％降低到5％，就像2025年3月的Airdrop一样，引发了人们对批评和刺激的危害。这是因为它们偏离了项目团队宣布的最初分配百分比。

Moreover, last-minute changes to token allocations may result in discontent amongst a project’s community. They may also signal a lack of thought and planning, which could further undermine the community’s trust in the project team.

此外，对令牌分配的最后一刻变化可能会导致项目社区之间的不满。它们也可能表明缺乏思想和计划，这可能会进一步破坏社区对项目团队的信任。

Another recurring issue is the lack of clear eligibility criteria, which leads to uneven rewards that don’t necessarily reflect user activity. This lack of transparency and fairness in reward distribution has fueled perceptions of arbitrariness and favoritism, further exacerbating the trust deficit.

另一个经常出现的问题是缺乏明确的资格标准，这导致不一定反映用户活动的不平衡奖励。奖励分配中缺乏透明度和公平性，加剧了对任意性和偏爱的看法，进一步加剧了信任赤字。

For instance, Scroll’s October 2024 airdrop of 7% of its total supply faced criticism for snapshot and claim periods that some members of the community felt were unfair, as well as a lack of clear rules.

例如，Scroll于2024年10月的7％的供应量的空投面临着快照的批评，并说社区中某些成员感到不公平，并且缺乏明确的规定。

However, some members of the community felt that the snapshot and claim periods were unfair, and there was a lack of clear rules on how airdrop amounts would be defined. This led to complaints of “hidden rules” and formulas for airdrop amounts being changed last minute.

但是，社区的一些成员认为快照和索赔期是不公平的，并且缺乏关于如何定义空调数量的明确规则。这导致了对“隐藏规则”和公式的投诉，该公式是在上一分钟更改的气流量。

Finally, insider-heavy distributions, where a disproportionate share of tokens is allocated to team members, investors, and influencers, have also drawn significant criticism.

最后，内部人士繁重的发行量（分配给团队成员，投资者和有影响力的人）也提出了重大批评。

For example, Kaito’s February 2025 airdrop saw 43.3% of tokens go to the team/investors, while the community received 10%. This heavily skewed allocation sparked backlash online, particularly due to the large allocation to influencers who may choose to sell immediately, diluting the value for genuine users.

例如，凯托（Kaito）2025年2月的Airdrop看到43.3％的代币送给团队/投资者，而社区获得了10％的收入。这种偏斜的分配偏向于在线强烈反对，尤其是由于有影响力的有影响力的分配大量分配，他们可能会选择立即销售，从而稀释了真正的用户的价值。

Grok AI’s Sentiment Analysis of Recent Airdrops: A Deeper Dive:

Grok AI对最近的Airdrops的情感分析：更深入的潜水：

To gain a deeper understanding of community sentiment, Binance Research collaborated with X’s Grok AI, leveraging its advanced sentiment analysis capabilities to analyze social media feedback on notable token distributions over the past year. The resulting sentiment scores, on a scale of 1-10, provide valuable insights into the factors that contribute to positive and negative community reception.

为了深入了解社区情绪，Binance Research与X的Grok AI合作，利用其先进的情感分析能力来分析过去一年中著名的代币分布的社交媒体反馈。由此产生的情感得分以1-10的比例为有助于积极和负面社区接收的因素提供了宝贵的见解。

Among the analyzed airdrops, Pudgy Penguins achieved the highest sentiment score of 10, reflecting the positive response to its December 2024 airdrop. The report highlights that community expectations were largely met, with a high percentage of token supply going to Pudgy Penguin NFT holders, a key focus area for the community.

在经过分析的气水中，矮胖的企鹅达到了10分的最高情感得分，这反映了对2024年12月的Airdrop的积极反应。该报告强调，社区期望得到了很大的满足，而庞大的企鹅NFT持有者的供应量很高，这是社区的关键重点领域。

Hyperliquid followed closely with a score of 9, praised for its approach of heavily rewarding early adopters of the protocol, a move that resonated positively with the community.

超级流动性紧随其后，得分为9，以其重大奖励协议的早期采用者的方式受到称赞，这一举动在社区中积极共鸣。

Other well-received airdrops included Berachain (8), ZKsync (8), and Grass (8), showcasing strong community support and clear allocation rules. These projects also prioritized early ecosystem participants, a factor that contributed to favorable sentiment.

其他广受欢迎的空投包括Berachain（8），Zksync（8）和Grass（8），展示了强大的社区支持和明确的分配规则。这些项目还将早期生态系统参与者优先考虑，这是导致有利情绪的一个因素。

In contrast, projects with the lowest sentiment scores include Redstone (2) and Scroll (3), both subject to criticism for last-minute allocation changes and perceptions of excessive airdrop farming. These instances highlight the detrimental impact of poor airdrop practices on community morale and project reputation

相比之下，情感评分最低的项目包括红石（2）和卷轴（3），这既受到最后一刻分配变化的批评和对气流过多的耕作的看法。这些实例强调了糟糕的空调实践对社区士气和项目声誉的有害影响