Blast claims to be the only Ethereum L2 with native returns on ETH and stablecoins. Blast was created by Pacman, who made a name for himself in the NFT, airdrop, and cryptocurrency space with the creation of Blur. Blur is an NFT marketplace on Ethereum that currently has over 333,000 users and $7 billion worth of NFT transactions. They also distributed the fifth largest airdrop in Ethereum history. Therefore, any new projects or airdrops backed by Blur creators will be highly anticipated. What’s more, Blast has confirmed that they will be doing an airdrop. Here is our Blast Token Airdrop Guide so you can learn all the tips and strategies to get the most Blast Points!
To learn more about Blur, check out our Blur airdrop guide
What is an explosion?
Blast leverages Optimistic rollup to scale Ethereum and support various types of Dapps, including DEX, lending, derivatives, NFTFi and SocialFi. Additionally, Blast allows you to stake your funds on Layer 1 protocols and automatically have rewards returned to your Layer 2 account. This means you can grow your bankroll effortlessly. Simply deposit your assets into Blast and watch them grow over time. Blast is a revolutionary platform in the Layer 2 space that combines scalability and profitability, delivering the best of both worlds.
Blast was created by Pacman, who in turn created Blur. One of the leading NFT marketplaces in this space. Blast has also raised $60 million from investors including Paradigm, Primitive Ventures, eGirl Capital, and more.
Characteristics of explosion
Here are some of Blast’s unique features:
According to the information on this website, some of Blast’s unique features include:
- Native yield on ETH and stablecoins: Blast offers a base interest rate of 4% for ETH and 5% for stablecoins, which is higher than other L2 solutions that offer 0% or lower interest rates. This means your assets grow over time on Blast.
- explosion point: Blast rewards early adopters with Blast Points, which can be redeemed for various benefits and features on the platform. The number of points depends on the number of bridge assets and the number of users invited to join Blast.
- EVM compatibility and user experience:Blast is an optimistic rollup that is compatible with the Ethereum Virtual Machine (EVM), meaning users can enjoy the same familiar user experience as on Ethereum without sacrificing speed or security.
Will there be a Blast token airdrop?
The Blast airdrop is now live. And the second phase of airdrop will be launched soon!
How to get the maximum explosion point? Tips and Strategies
Here are some of our tips and strategy guides on how to get the most explosive airdrops:
- Invited to Blast: You need an invitation code to register for Blast. Here are some free invitation codes you can use! blast.io/PGPFY
blast.io/IEKAO
blast.io/GXQL4
blast.io/7PXI7
blast.io/TGI0H - Connect to the explosion: Connect your Twitter and wallet to Blast and join their Discord server.
- Connect more assets to Blast: The more ETH and stablecoins you bridge to Blast Layer 2, the more points you get. You can connect ETH, USDC, USDT or DAI to the platform. But please note that you will only be able to exit from the bridge after the Blast mainnet launches in February 2024.
- Get the .blast domain name: Blast Domains has confirmed that it will conduct an airdrop of $BD tokens to .blast domain holders. To get a domain, connect your wallet to their website, click on “Domains” and search for unpurchased domains. Domain names cost 0.08 ETH per year.
- Invite your friends: You can earn extra points by inviting your friends to join Blast and connect their assets to the platform. Share your invite link on social media and you’ll be rewarded when friends join and bridge assets.
- Get Explosive Gold Assignment 1: To receive Blast Gold allocation 1 (4 million gold coins to the winner, 6 million gold coins to the mainnet Dapp), eligible Dapps must integrate the Blast Points API and configure a points operator, both of which should be documented on their official website . Click here for more details.
- Get explosive gold allocation 2: In order to qualify for Blast Gold Allocation 2 (allocation of 10 million gold coins), Dapps must integrate the Blast Points API and configure a points operator, both of which should be documented on their official website. Qualifying Dapps will receive 10 million gold coins in proportion based on the final weight determined by the category weight x Blast native weight x Dapp weight x incentive weight formula.
- Get Explosive Gold Assignment 3: To receive a portion of the 15 million gold allocation from Blast, a Dapp must be running on mainnet and integrate the Blast Points API with a configured points operator, both of which should be documented on its official website. Eligible Dapps will be proportionally weighted and awarded Gold based on their category, Blast exclusivity, on-chain traction and other criteria, and fill out a special form for distribution.
- Get Explosive Gold Assignment 4: To receive a portion of the 10 million gold coins from the Blast ecosystem’s fourth issuance, a Dapp must run on mainnet and integrate the Blast Points API, with its public files reflecting the configured point operator. Eligible Dapps will be allocated gold based on a weighted formula that takes into account their category, Blast exclusivity, on-chain traction, and effectiveness in allocating gold to users.
- Obtain explosive gold allocation 5: To receive a portion of the 10 million gold coins from the fifth (and final) distribution before the Blast airdrop, a Dapp must run on mainnet and be weighted according to a specific formula involving category weight, Blast native weight, Dapp weight, and incentives . Eligible Dapps should fill out the form provided and provide a contract address that integrates the Blast Points API and a configured points operator, both of which must be publicly documented on the official website.
How to Get Phase 2 of the Blast Token Airdrop
Time required: 40 minutes
$10 million of BLAST has been allocated to the second phase of the airdrop, which will end in June 2025. Here’s our guide on how to get the second phase of the Blast token airdrop.
- Receive the first phase airdrop
Claim your $BLAST tokens from the first phase of the token airdrop. See the section below for detailed guidance. To check your $BLAST token balance, find the Blast token address here and add the coins to your wallet.
- Earn explosive points
Go to the Blast airdrop page here There you can see how much content is bridged to Blast. To bridge more content to Blast, click Bridge More. Then deposit the tokens into Blast L2. You can choose from DAI, ETH, stETH, USDC, Tether, WETH and WBTC. Bridge blasts allow you to earn earnings and points. You will automatically earn Blast Points every block based on your token balance. Please note that there is a 14-day withdrawal period for withdrawing tokens from Blast.
- Earn multipliers
You can earn points multipliers by using specific highlighted Dapps. To use a Dapp, simply submit a transaction that interacts with the highlighted Dapp.
- Earn explosive coins
50% of the second phase rewards will be allocated to Blast Gold. The difference between Blast Gold and Blast Points is that Blast Gold is for Dapps and is allocated manually. The Blast team distributes Blast Gold every 2-3 weeks.
How to claim the Blast Phase 1 token airdrop
Blast has opened the first phase of token airdrop! Please note that you only have 30 days from June 26, 2024 to claim your airdrop. Here’s how to claim the first phase of Blast’s token airdrop:
- Go to the Blast website and click “Receive Phase 1 Airdrop”.
- Log in by connecting your MetaMask or WalletConnect wallet.
- Click “Receive Airdrop” and watch the video.
- Click “Tweet to claim airdrop”.
- Download the blast app.
- Open the Blast mobile app and enter the codeword on your PC.
- On the Blast mobile app, allow notifications and click Done.
- Click “Receive Now”.
Explosive Airdrop Review
When reviewing airdrops, there are several factors to consider. First, there is the possibility that the project will even be airdropped first. Then, look at how many tokens the project intends to allocate to the airdrop campaign, and how difficult it is to participate in the airdrop. It’s also important to look at the utility of the token so that participating in the airdrop has an actual use and purpose. Finally, one of the factors to consider when reviewing airdrops is whether there is a lock-up period for the airdropped tokens.
Possibility of airdrop: Blast’s airdrop is now open live. The first phase of collection period is 30 days from June 26, 2024.
Airdrop token distribution: 50% of the $BLAST token supply (i.e. 50 billion) will be reserved for the community and distributed through incentive campaigns. $14 billion BLAST (14% of the token supply) will be distributed in the first phase of the airdrop. The $10 billion BLAST will be distributed in the second phase.
Airdrop difficulty: Explosive airdrops are not difficult at all. Users simply bridge assets to Blast and invite friends.
Token Utility: $BLAST tokens are used for governance. Token holders can propose and vote on Blast Improvement Proposals (BLIPs). They can also adjust various network parameters.
Token lockup: The $BLAST tokens allocated to the community will be linearly unlocked from TGE over 3 years.
