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What are Runes?

"Runes" in the context of cryptocurrency are refer to specific tokens or assets associated with blockchain projects, often used in decentralized finance (DeFi) or gaming platforms. These tokens may have rune symbols in their branding or nomenclature. For example, the THORChain project uses the symbol "RUNE" for its native token, which is used within the THORChain ecosystem for various purposes like staking, governance, and providing liquidity.

"Airdrops" in the cryptocurrency world refer to the distribution of free tokens or coins to wallet addresses as a promotional or reward mechanism. Airdrops can be conducted by blockchain projects to raise awareness, incentivize participation, or reward users for specific actions such as holding certain tokens, participating in a community, or completing tasks.

Sometimes, projects conducting airdrops may distribute their native tokens with rune symbols or names associated with their project. This can tie into the project's branding strategy and help create a unique identity for their tokens within the crypto community.