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Home»ADOPTION NEWS»Layer 2 Network Blast Launches Token Airdrop Next Week
ADOPTION NEWS

Layer 2 Network Blast Launches Token Airdrop Next Week

By Crypto FlexsJune 20, 20243 Mins Read
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Layer 2 Network Blast Launches Token Airdrop Next Week
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Blast, the Ethereum Layer 2 network created by the founders of NFT marketplace Blur, will officially begin token airdrops in a week.

In a post today on

According to the project, half of the airdrops will be allocated to developers through Blast Gold, and the other half will be distributed to early users through Blast Points based on their wallet and Dapp balance. memo.

“50% of Blast Airdrops will be allocated to Blast Points,” the project says, adding that users’ wallets will automatically earn points for every block based on their balance. Meanwhile, for dapps, the intention is to use Blast Gold as an incentive for dapp growth. “This means that 100% of the gold earned by the Dapp must be given to users,” the project added.

Users must also log in to the Blast dashboard at least once with an eligible EOA to be included in the airdrop.

“If you are a user and have points or gold in your EOA, you will need to log in to your Blast dashboard at least once using that EOA (either by receiving an invitation or linking to an existing account). Airdrop calculation,” Blast said.

Initially, the airdrop was expected to take place in May, but the project presentation Last month, he said, “Taking this into account, the quota will be increased.”

Developed by Tieshun Roquerre, founder of Blur explosion went live early access mode The total value locked in Blast reached $2.09 billion at the time of publication, compared to $2.3 billion recorded on June 6. data From DefiLlama.

Recently, Blast-based games have also been attracting attention. Cryptocurrency trading card game ‘Fantasy’ Launched on Blast mainnet april Following strong success On testnet. The protocol was created last month. Top 10 We run our platform with daily commissions generated.

Disclaimer: Larry Cermak, CEO of The Block, is an angel investor in Blast.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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