Website: Visit Website
Platform: Ethereum
- White Paper: Link
- Platform: Ethereum
- Total Supply: N/A
Blast is a Layer 2 solution offering inherent yield opportunities for ETH and stablecoins, deriving its yield from ETH staking and Real-World Asset (RWA) protocols. The yields generated by these decentralized protocols are automatically redirected to Blast’s users.
Unlike the 0% default interest rate found on other Layer 2 solutions, Blast offers 4% for ETH and 5% for stablecoins, enabling the creation of new income sources and unique rewards for its users. Transactions are conducted in ETH, and dApps revolve around ETH, with Blast being specially engineered so that ETH inherently rebases on this Layer 2.
Blast has secured $20 million in funding from notable investors such as Paradigm and Standard Crypto and has announced an airdrop for its early adopters.
Users who register using an invite code, bridge ETH, and refer friends will earn airdrop points, which will be exchangeable for Blast tokens in May.
How to Claim Blast Airdrop
- Navigate to the Blast website.
- Select “Join Early Access.”
- An invite code is necessary for platform access.
- Use the exclusive, unlimited invite code “WS7XR” for platform entry.
- Follow their Twitter and Discord, then verify your airdrop status.
- Connect your digital wallet.
- Go to the Bridge section and transfer ETH or other supported tokens from Ethereum to the Blast Layer 2.
- Bridging requires having ETH or other supported tokens, obtainable on Binance.
- Enjoy a 4% interest rate on ETH and 5% on stablecoins, a significant advantage over other Layer 2 solutions.
- Bridged tokens are withdrawable in February, coinciding with the mainnet launch.
- Depositing ETH weekly grants you one spin, unlocking a certain number of airdrop points.
- Initial bridging provides referral codes, with a limited number initially available.
- The more you and your referred friends bridge, the more spins and potential airdrop points you’ll accumulate.
- In May, you can convert all earned airdrop points into Blast tokens.
- For additional airdrop details, refer to this page.
- Interested in more projects that might offer a governance token airdrop to early participants? Explore our list of potential retroactive airdrops to not miss out on future DeFi opportunities!