The Decentralised Exchange 1Inch launched it's governance token on Christmas Day. 1Inch Token peaked at2. 80$ and was distributed via an airdrop to wallets who have used the platform in the past just like Uniswap did a while back.

A lot of users got a nice Christmas gift, an average of 1600 1Inch/user being given.

One Tiwitter user @timoharings created 500 Metamask wallets and conducted a single trade in each of them in order to qualify for the airdrop.

However none of the wallets qualified since the transactions were only 17$ in trade and you needed 20$ fee in order to qualify for the airdrop.

That means the user spent over 8.000$ in fees without receiving any airdrop.