• 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

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk

Bit Digital Makes $67.3 Million Ethereum Purchase, Strengthening Its Holdings

chest

Bit Digital invests $67.3 million in Ethereum, raising total holdings to nearly 120,306 coins.

user avatarGiorgi Kostiuk

Block Inc. Joins S&P 500, Replacing Hess Corp.

chest

Block Inc. will replace Hess Corp. in the S&P 500, potentially impacting Bitcoin's acceptance by institutional investors.

user avatarGiorgi Kostiuk

XRP Sets New Record Following Legislative Changes

chest

XRP hit $3.66, surpassing previous records due to increased investor interest and the expected signing of the GENIUS Act.

user avatarGiorgi Kostiuk

MEI Pharma and Litecoin: New $100 Million Treasury Strategy

chest

MEI Pharma has announced a $100 million treasury strategy with Litecoin, led by Litecoin creator Charlie Lee. Market reaction was volatile.

user avatarGiorgi Kostiuk

Merkel Urges for a Cohesive EU Response to US Tariffs

chest

Merkel calls for EU unity in response to US tariffs that may disrupt trade chains.

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.