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Blast

Basic Information

InformationDetails
Project NameBlast
Project Websitehttps://blast.io
Project DescriptionBlast is a Layer 2 blockchain platform offering native yield for ETH and stablecoins, aiming to accelerate the transition to an onchain economy by providing a full-stack solution for cryptonative users.
Project TickerBLAST

Airdrop Details

InformationDetails
Airdrop Typeretroactive
Total Airdrop Amount17 billion BLAST tokens (Phase 1)
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedJune 26, 2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

  • Blast Points Holders: Users who bridged ETH or USDB to Blast, thereby bootstrapping initial liquidity, earned Blast Points during Phase 1. These users are eligible for 7% of the total BLAST supply.

  • Blast Gold Holders: Users who contributed to the success of decentralized applications (Dapps) on the Blast ecosystem earned Blast Gold. These users are also eligible for 7% of the total BLAST supply.

  • Top 0.1% Users: Approximately 1,000 wallets in the top 0.1% will have a portion of their airdrop vested linearly over six months. Vesting is subject to reaching a monthly Points threshold based on Phase 1 activity, with further details available on June 26, 2024.

  • Blur Foundation: The Blur Foundation will receive 3% of the total BLAST supply to distribute to the Blur community for both retroactive and future airdrops.

Additional Information

  • Phase 2 Airdrop: Initially scheduled to end in June 2025 with an allocation of 10 billion BLAST, Phase 2 has been adjusted to conclude in January 2025 with a prorated allocation of 5 billion BLAST. This transition aligns with the release of Blast Mobile, allowing users and Dapps to earn liquid BLAST rewards directly, rather than through points and Gold.

  • Vesting Details: The top 0.1% of users (~1,000 wallets) will have a portion of their airdrop vested linearly over six months. Vesting is contingent upon reaching a monthly Points threshold based on Phase 1 activity, with further details provided on June 26, 2024.

  • Token Allocation: The total BLAST supply is 100 billion tokens, distributed as follows:

    • Community: 50% (50 billion BLAST)
    • Core Contributors: 25.5% (25.48 billion BLAST)
    • Investors: 16.5% (16.52 billion BLAST)
    • Blast Foundation: 8% (8 billion BLAST)

Note: Specific details regarding the number of eligible users, claimants, and distribution amounts per user were not available in the provided sources.

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