The Axelar proposal 196 suggests the possibility of a future airdrop as an incentive for the Axelar community. Airdrops are a common way for blockchain projects to distribute tokens to existing holders or new users as a reward for their participation or to promote awareness of the project.

If Axelar were to implement an airdrop as outlined in proposal 196, it could potentially benefit current token holders by providing them with additional tokens at no cost. This could incentivize community engagement, increase the project's visibility, and potentially drive up demand for the token.

However, there are some considerations to keep in mind with airdrops. It's essential to assess the potential impact on the project's token economics, market perception, and regulatory compliance. Airdrops can also dilute existing holders' stakes if the token supply is increased significantly.

Before participating in any airdrop or token distribution event, it's crucial to verify the legitimacy of the project, understand the terms and conditions of the airdrop, and consider the potential risks and rewards involved. As always, it's recommended to conduct thorough research and consult with financial advisors before making any investment decisions.