Blast Announces Highly Anticipated Airdrop Details: 17 Billion BLAST Tokens Up for Grabs

  • The highly anticipated details of the Layer 2 blockchain project Blast’s airdrop have been officially released.
  • The first phase of the BLAST airdrop will commence today at 17:00 Turkish Standard Time.
  • This airdrop will distribute billions of BLAST tokens to qualifying users who have supported the platform’s liquidity and engaged in DeFi activities.

Blast Foundation unveils its inaugural BLAST token airdrop, distributing vast rewards to loyal users and liquidity providers.

17 Billion BLAST Tokens Set for Airdrop Distribution

The Blast Foundation has announced that it will distribute 17 billion BLAST tokens in its initial airdrop phase. Of this allocation, 7% is reserved for users who have bridged Ethereum (ETH) or Blast’s stablecoin USDB to support the platform’s liquidity.

Rewards for DeFi Engagement and Blur Foundation

In addition to liquidity providers, users who have earned Blast Gold through decentralized applications (DeFi) will receive 7% of the distributed tokens. Another 3% of the tokens will be transferred to the Blur Foundation, intended for retroactive and future airdrops to the Blur community.

Total Supply and Future Airdrop Plans

Blast Foundation has committed half of the total 100 billion BLAST token supply to its community, with plans for ongoing airdrop stages over the next three years. Alongside community benefits, 25.5% of the tokens are allocated to the core team, and investors will receive 16.5% while the Blast Foundation controls 8% of the supply.

Conclusion

The substantial token distribution strategy by Blast Foundation highlights its commitment to rewarding early adopters and active participants. As the platform continues to develop, future airdrop phases are expected to further engage and incentivize its growing community. This strategic approach aims to strengthen Blast’s ecosystem, supporting its long-term growth and stability.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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