Foreword: $BLUR
Blast’s actual strategy is similar to the previous approach taken by Blur in the NFT market, which is an area with huge potential, choosing to integrate resources and quickly becoming a leader in the field. This is a recurring strategy, and anyone with a certain understanding of the industry has launched a new project using a similar approach, leveraging the infrastructure on Ethereum. However, although this combination skin is simple, it has successfully reached a total value locked (TVL) of US$440 million and successfully activated Blur in just a few days, which is actually an extraordinary achievement.
1. Introduction to Blast
1. Blast uses an optimistic rollup technology compatible with the Ethereum Virtual Machine (EVM) to combine the benefits of Ethereum and stablecoins, thus increasing the basic benefits of users and developers.
2. Funding invested by Paradigm LinkedIn reached US$20 million.
3. The Blast community airdrop will be divided into two parts, of which early members will account for 50%, while developers will occupy the other 50%.
4. The assets pledged on the Blast platform will be withdrawn when the Blast mainnet goes online in February 2024, and will be distributed based on points airdrops in May 2024. The specific airdrop rules will be announced in January 2024.
2. How to participate in Blast
1. Browser input: blast.io/5Q8ZX
Click to redeem the invitation code. You must have an invitation code to register.
2，绑定X跟Dis账号，链接钱包，每一个钱包地址都需要重新绑定一个X跟Dis账号，不能重复使用；
3，完成钱包分析，获得初始积分和幸运值（10%）；
4. Click to bridge more and pledge ETH. The amount of pledged ETH determines the number of spins you get per week. For every 1 ETH pledged, you can get one spin per week; spins can earn points, and points can be airdropped;
5，如果想获得全额积分，可以建立ABC三个账号，C账号作为主账号，AB账号拿来获得邀请奖励；
6. Group play, this has nothing to do with directly obtaining points, but it can increase the luck value. The higher the luck value, the higher the chance of getting super spins (normal spins 2-10 times the profit);
每充值5e，充值账号可获得2次翻牌，小组其他成员（充值账号的上线和下线）可获得1次翻牌，翻牌有机会提高幸运值；
3. Blast income estimate
1. The income from pledged assets on Blast mainly includes two aspects, namely basic income and airdrop income in May. Specifically, ETH's pledged assets on LIDO can obtain a basic return of approximately 4% annually, while U's pledged assets on MakerDAO can obtain an annualized basic return of approximately 5%.
2. According to the value of the previous two rounds of BLUR airdrops (the first round was US$300 million and the second round was US$200 million), the value of this Blast airdrop is approximately US$200 million. In terms of distribution, BLUR and Blast stakers will share the airdrop rewards equally, of which Blast stakers and developers will each get half. Therefore, it is expected that 50 million airdrop rewards will be distributed to stakers on Blast.
3. Currently, Blast’s pledged funds are US$450 million, and it is expected to be no less than US$1.5 billion by 2 years. Allocating 50 million seemingly airdrop rewards to 1.5 billion monthly pledged funds, the average principal return is 3.3%. For a half-year period, this is equivalent to a normal annualized rate of 6.6%.
4. Ultimately, taking into account the basic income and airdrop rewards, it is expected to reach 4% + 6.6% = 10.6% this year. Users who participate earlier, have a larger stake, and gain more luck will receive higher benefits.
4. Summary
1. Blast is not innovating in technology, but through the combination of Ethereum infrastructure, using OP in L2 technology, and using LIDO and MKR in terms of staking. In the end, by combining token economics and the CX model, we successfully broke through the existing multi-account pure airdrop destination in the L2 network.
2. At this time, Blast’s airdrop income is expected to be considerable. First of all, Blast has chosen several important shock directions in the Ethereum ecosystem, including L2, LSD and NFT. These large shocks make Blast’s valuation expected to grow rapidly, and high valuations have a positive impact on airdrop rewards.
3. The biggest risks faced by Blast mainly come from the technical level and the risk of hacker attacks. However, since TVL has reached $450 million, the team’s public disclosure, and institutional investment, this reduces the possibility that the team may run away.
4. For users who make a single or small recharge, it is recommended to find a large account group, because the recharge of a large account can increase the chance of flipping the account, increase the lucky value, and thus increase the possibility of obtaining higher points.
5. For users who make large recharges, it is recommended to register multiple accounts to ensure that all points opportunities can be fully utilized.
