Blast Has Raised $20 Million From Investors.

Friday, December 1, 2023

 

Blast, the game-changing Layer 2 (L2) solution

Blast Airdrops.

Blast, the game-changing Layer 2 (L2) solution, has just unveiled its native yield for ETH and stablecoins, setting the stage for novel revenue streams and unique rewards for users as aredrops. Operating seamlessly with ETH transactions at its core, Blast stands out as an EVM-compatible, optimistic rollup L2 solution, purpose-built to reimagine decentralized finance (DeFi).

The groundbreaking platform has successfully secured $20 million in funding from notable investors like Paradigm and Standard Crypto, solidifying its position as a force to be reckoned with in the crypto space. To celebrate its early users and developers, Blast has exciting plans for an airdrop, with $20 million worth of points up for grabs. Users entering with an invite code, bridging ETH, and bringing friends into the Blast community will earn airdrop points, convertible to Blast tokens come May.

The buzz around Blast is palpable, with the cryptocurrency community eagerly anticipating the transformative impact of its innovative L2 solution. The project not only focuses on providing a superior user experience but also caters to developers, making it a pivotal player in the evolution of DeFi.

Blast’s native yield is a game-changer in the DeFi arena, derived from its unique approach to ETH staking and RWA protocols. This methodology ensures an impressive default interest rate of 4% for ETH and 5% for stablecoins, surpassing other L2 solutions by a factor of 10. The brains behind Blast include elite team members like @PacmanBlur, the creator of the top NFT marketplace protocol Blur, known for distributing the 5th largest airdrop in Ethereum history. With backing from industry giants such as Standard Crypto and eGirl Capital, Blast is poised to make waves in the Ethereum ecosystem.

Notable features like auto compounding of ETH, L1 staking benefits, and T-Bill yield for stablecoins further solidify Blast’s status as a groundbreaking addition to Ethereum. Looking ahead, the Blast community envisions wielding the power to potentially replace @LidoFinance and @DaoMaker with Blast-native solutions or other third-party protocols, signaling an ambitious and promising future for the platform.

Step-by-Step Guide:

  1. Navigate to the Blast Airdrop application website.
  2. Connect your EVM wallet and use one of these referral codes for beta access: N74GT, UVAB6, 2QGJ0, KZ1NC, or 3CDFV.
  3. Follow @BLAST_L2, join the Blast Discord, and connect your social accounts.
  4. Verify your Airdrop eligibility and claim within 7 days by bridging any amount to Blast L2.
  5. If no points, you can Bridge ETH or stablecoins to Blast L2 to earn yield and BLAST POINTS. Note that withdrawals will be enabled post the Blast Mainnet launch in February 2024.
  6. Gain spins weekly based on your deposits, earning more points. Additionally, inviting friends can boost your points tally (Check FAQ for more info).

If you’re keen on discovering projects without tokens that offer retroactive airdrops of governance tokens to early users, take a look at our list. Stay in the loop to ensure you don’t miss out on the next DeFi airdrop!

Disclaimer: This content is not intended to be financial advice. Investors should take the time to research any given product before depositing or investing their funds. 

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