Some information about $BLAST - Blast Foundation before claiming

Blast is a Layer 2 ETH created by the Blur team - NFT Marketplace. Compared to other Layer 2 ETH, Blast stands out when integrating Liquid Staking (LSD) & RWA products.

In addition, Blast is the pioneer Layer 2 that integrates network revenue sharing for native yield users compared to other systems.

=> This has helped Blast attract more than $1.9b TVL, ranking 2nd among Layer 2 (behind Arbitrum with $2.8b TVL)

Total supply: 100 billion $BLAST

Token allocation:

🟢 Community: 50%

🟢 Investor: 16.5% (locked for 1 year, paid monthly for 3 years)

🟢 Core Contributors: 25.5% (locked for 1 year, paid monthly within 3 years)

🟢 Blast Foundation: 4% (paid evenly over 4 years from TGE)

(Source)

17% of total supply will be allocated to Airdrop:

🟢7% is reserved for distribution for incentive activities such as asset bridges and liquidity provision

🟢7% for users to receive BlastGold from interacting with dapps

🟢3% goes to Blast Foundation to promote retroactivity on the ecosystem

🟢Top 1000 users will receive an airdrop paid in installments over 6 months.

$BLAST is trading around the $0.03 mark on the Pre-market, corresponding to a FDV level of $3b (dropped sharply after news of $BLAST 100 billion total supply)

=> Even though it has the most outstanding Onchain parameters and TVL in recent Layer 2s, Blast's valuation is softer at $4b-$4.5b FDV of $ZK -> This is a reasonable valuation in the current market context.

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