• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Blast Phase 2 User Rewards Announcement

user avatar

by Giorgi Kostiuk

a year ago


Blast Phase 2 User Rewards Announcement

Blast, an Ethereum Layer 2 network, recently unveiled its Phase 2 user rewards program. The allocation comprises 10 billion tokens segregated into Blast Points and Blast Gold, following the prior distribution of 17 billion tokens in Phase 1.

Phase 2, as per the official statement, is designed to facilitate the advancement of mobile dApp development and provide incentives to users through the Blast App. Half of the rewards in this phase, equivalent to 5 billion Blast tokens, will be designated for Blast Points. Users have the opportunity to accumulate these points based on their ETH, WETH, USDB, and BLAST holdings.

The remaining 5 billion tokens are earmarked for Blast Gold. Dapps will receive Gold based on their performance on Blast's mainnet and in upcoming competitions, fostering engagement and innovation within the ecosystem.

The Phase 2 airdrop is scheduled to span 12 months to bolster the development of the full-stack chain. Blast underscores the importance of dedicating time to construct the foundational framework and support the integration of new dapps.

Despite a recent 11% decline in Blast's token price to $0.019 over the last 24 hours, with a circulating supply of 17.4 billion tokens, DefiLlama data indicates a reduction in total locked value from $2.3 billion to $1.35 billion since June 6.

The token distribution strategy in Blast's Phase 2 accentuates the network's strategic focus on nurturing ecosystem expansion and enhancing user engagement within Ethereum's Layer 2 landscape.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Nvidia Develops AI Chips for Chinese Market Despite Restrictions

chest

Nvidia plans to release AI chips for China in response to US export controls, highlighting the market's importance for technology.

user avatarGiorgi Kostiuk

Bithumb Introduces RESOLV Token in KRW Trading

chest

Bithumb begins trading of RESOLV token on the KRW market, with the launch set for July 11, 2025, at 6 PM.

user avatarGiorgi Kostiuk

BlackRock Shifts Focus: Ether Investments Exceed Bitcoin Holdings

chest

BlackRock's investments in ether have reached $158 million, surpassing $125 million in bitcoin. This indicates a strategic shift in the firm's focus.

user avatarGiorgi Kostiuk

USDT Interest Rate on OKX Jumps to 53% in Response to Market Turbulence

chest

The interest rate for OKX's 'Simple Earn' product rose from 5% to 53%, indicating a surge in market activity.

user avatarGiorgi Kostiuk

GMX Hacker Returns 5.49 Million FRAX After Major Exploit

chest

Hacker returned 5.49 million FRAX after GMX breach, causing a 28% drop in token value. GMX has acted to protect users.

user avatarGiorgi Kostiuk

Florida Attorney General Launches Investigation into Robinhood Crypto

chest

Florida's Attorney General investigates Robinhood Crypto for potential deceptive practices related to cryptocurrency services and fee structures.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.