Blast is a Layer 2 (L2) solution offering native yield for ETH and stablecoins, derived from ETH staking and Real-World Asset (RWA) protocols. Unlike other L2s with a default interest rate of 0%, Blast provides a 4% interest rate for ETH and 5% for stablecoins. This innovative yield mechanism creates new revenue streams and rewards for end-users, with transactions and Dapps built around ETH. Blast’s design ensures that ETH itself is natively rebasing on the L2.
Claim Your Airdrop: 17 Billion BLAST Tokens Up for Grabs
Blast is distributing 17 billion BLAST tokens to users who participated in the Phase 1 airdrop and collected points. Eligible users have 30 days to claim their tokens. Half of the total supply is allocated to the community, with 17.5% unlocked now. Phase 2 has also begun, allowing users to continue earning points for future airdrops.
Step-by-Step Guide to Claim Phase 1 Airdrop:
- Visit the Blast airdrop claim page.
- Sign in to claim your airdrop.
- Connect your wallet.
- Click on “Claim Airdrop”.
- Watch a video about Blast.
- View the number of tokens you’re eligible to claim.
- Tweet the mentioned tweet and install the Blast App.
- Get four codewords from the app.
- Submit the codewords to the claim page.
- Return to the app to claim your tokens.
Tokens will be automatically sent to your wallet. Eligible users have 30 days to claim their tokens.
- Users who bridged ETH or USDB to Blast during Phase 1 will be rewarded with 7% of the total BLAST supply.
- Users who contributed to the success of Dapps will be rewarded with 7% of the total BLAST supply.
- The Blur Foundation will receive 3% of the total BLAST supply for distribution to the Blur community.
- The top 1,000 wallets are vested over six months, requiring certain point milestones to unlock the vested tokens.
Participate in Airdrop Phase 2
Phase 2 has started, so continue to bridge and collect points to be eligible for future airdrops.
How to Join Phase 2:
- Visit the Blast website.
- Follow Blast on Twitter and Discord, and connect your wallet.
- Head to the Bridge section and transfer ETH or other tokens from Ethereum to Blast L2.
- Ensure you have ETH or other supported tokens to bridge (available on Binance).
You will start earning Blast points based on the amount you have bridged and will receive a 4% interest rate for ETH and 5% for stablecoins, compared to 0% on other L2s. Phase 2 has allocated 10 billion BLAST tokens, with 50% for Blast points and 50% for Blast Gold.
- Earn Blast points and Blast Gold from each referral.
- New users invited in Phase 2 contribute towards invite bonuses.
- Participate in the Multiplier campaign by using highlighted Dapps to increase your points.
