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Home - Blast Airdrop Review: The L2 that helps you earn moreETH

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Blast Airdrop Review: The L2 that helps you earn moreETH

Magnesia
Last updated: 28/11/2023 7:53 pm
Magnesia
Published: 28/11/2023
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Blast Airdrop Review: The L2 that helps you earn moreETH
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About Blast Airdrop

Blast Airdrop is an L2 with native yield for ETH and stablecoins. Yield makes it possible to create new revenue streams and provide novel rewards for end-users. Users transact in ETH. Dapps are built around ETH. Blast was designed from the ground up so that ETH itself is natively rebasing on the L2.

Contents
  • About Blast Airdrop
    • Information
      • Step No 1
      • Step No 2
      • Step No 3
      • Step No 4
      • Step No 5
      • Step No 6
      • Step No 7
  • How Blast works
    • Auto Rebasing
    • L1 Staking
    • T-BILL YIELD
    • Build with yield
    • NATIVE Yield
    • Gas Fee Revenue
    • Airdrop
  • Features
    • Native Yield for ETH and Stablecoins
    • Innovative Revenue Streams
    • ETH-Centric Transactions
    • Dapp Integration with ETH
    • Native Rebasement Design
    • Strategic Funding
    • Airdrop for Early Adopters
    • Exclusive Airdrop Points
    • Convertible Airdrop Points
    • Optimism’s OP Stack

Blast has raised $20 million from investors like Paradigm and Standard Crypto and has confirmed that it will do an airdrop for early users. Users who sign up with an invite code, bridge ETH and invite friends will get airdrop points. Airdrop points will be convertible to Blast tokens in May.

Information

PlatformTickrMax. ParticipantsWebsite
Own chainN/AUnlimitedClick Here To Visit
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Step No 1

Register for the Blast Airdrop by creating an account.

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Step No 2

Verify your email & log in to your account.

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Step No 3

Take part in the referral program and invite 3 friends.

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Step No 4

Join Blast Airdrop on Telegram group & Telegram channel. 

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Step No 5

Follow Blast on Twitter & like/share the pinned tweet and tag 3 friends.  

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Step No 6

Like/follow Blast Airdrop on Facebook & like/share the pinned post.  

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Step No 7

Submit your details to the Blast Airdrop form. 

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How Blast works

Auto Rebasing

Users transact in ETH. Dapps are built around ETH. Blast was designed from the ground up so that ETH itself is natively rebasing on the L2.

L1 Staking

Blast only became possible this year following Ethereum’s Shanghai upgrade. ETH yield from L1 staking, initially Lido, is automatically transferred to users via rebasing ETH on the L2.

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T-BILL YIELD

Users who bridge stablecoins receive USDB, Blast’s auto-rebasing stablecoin. The yield for USDB comes from MakerDAO’s on-chain T-Bill protocol. USDB can be redeemed for USDC when bridging back to Ethereum.

Build with yield

Blast is an L2 with native yield for ETH and stablecoins. Yield makes it possible to create new revenue streams and provide novel rewards for end-users.

NATIVE Yield

Yield as a primitive unlocks new business models for Dapps. ETH and stablecoins bridged to Blast automatically earn yield. Dapps can easily monetize deposits with a single config.

Gas Fee Revenue

Other L2s keep revenue from gas fees for themselves. Blast gives this revenue back to developers programatically. Keep this revenue for yourself or use it to subsidize gas fees for your users.

Airdrop

50% of the Blast Airdrop has been reserved for developers. The Developer Airdrop launches in January along with the Blast Testnet.

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Features

Native Yield for ETH and Stablecoins

Blast operates as an L2 solution with native yield capabilities specifically designed for ETH and stablecoins. Enables users to generate passive income by participating in the native yield mechanisms.

Innovative Revenue Streams

Introduces novel revenue streams for users, fostering a dynamic ecosystem where participants can earn rewards beyond traditional transactions.

ETH-Centric Transactions

Users engage in transactions using ETH, aligning with the widespread use of Ethereum’s native currency across the decentralized finance (DeFi) landscape.

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Dapp Integration with ETH

Dapps (decentralized applications) are seamlessly integrated with ETH, leveraging the vast ecosystem of decentralized finance projects and services built around Ethereum.

Native Rebasement Design

Blast is meticulously designed from the ground up, ensuring that ETH itself is natively rebasing on the L2, enhancing the efficiency and scalability of transactions.

Strategic Funding

Secured $20 million in funding from reputable investors, including Paradigm and Standard Crypto, showcasing confidence in Blast’s innovative approach and potential impact on the market.

Airdrop for Early Adopters

Recognizing the importance of community involvement, Blast has announced a generous airdrop for early users.

Exclusive Airdrop Points

Users who sign up with an invite code, bridge ETH, and invite friends are eligible to receive airdrop points, creating an incentive for user engagement.

Convertible Airdrop Points

Airdrop points earned during the promotional period can be converted into Blast tokens, offering early users a direct stake in the platform’s success.

Optimism’s OP Stack

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