⚡️Blur Takes a Leap…

The NFT marketplace Blur successfully launched its Layer 2, attracting over 200 DApps and $3 billion TVL into its ecosystem in just 100 days.

This growth is faster than many well-known L1 networks like Solana😀 and Ethereum😀

How did they achieve this and why is exponential growth expected?

*️⃣Testnet and Its Features

Last November, the Blast team introduced their Ethereum Layer 2 with innovative features such as "balanced automatic native yield," which is especially beneficial for the DeFi ecosystem 🔥

*️⃣Transparent Airdrop

Following the announcement of the future airdrop, the team immediately presented a clear plan focused on developers and the community:

50% of $BLAST tokens were allocated to DApp developers, and the remaining tokens to users.

This quickly attracted a large number of new projects ❤️

*️⃣Fairness Compared to LayerZero and ZkSync

Blast conducted a fair and transparent airdrop without changing the distribution rules or engaging in sybil-hunting. Tokens were distributed based on user activity 🔎

Why did TVL drop and what’s next?

After the airdrop, TVL fell, "paper hands" appeared, and panic sales ensued. But $BLAST is now one of the most promising assets! Why? 👀

1️⃣ Rapid Network Growth

In the first 100 days after launch, Blast reached $2.3 billion TVL. This was largely due to the announcement of future airdrops and the Big Bang competitive event.

More than 3000 teams participated, but only 47 emerged as winners 🏆

2️⃣ Unique GOLD Mechanic

Bonus rewards and points in the upcoming airdrop incentivize staking or holding tokens. The ability to spend GOLD on various activities in any DApp in the ecosystem is simply fire.

💸 Blast distributed 10 million GOLD to Big Bang winners and active users, which is about $25 million after the token listing 💸

3️⃣ Success in GambleFi

Calculations show that around 10-15% of assets are concentrated around gambling with seven-figure volumes. Blast has convenient APIs and all necessary tools for further development in this direction.

So...

All these factors have led to high expectations for a breakthrough in the future, despite past undervaluation. The current growth can also be seen as a signal of success 🔔😎
#BLAST
@zcryptox TG

cconsidering the upcoming 50 million #ole token distribution in may, you can participate in it simply by joining on Districtone and doing some activities like rally, vote and another way is to buy some shares in trending space in District one.. Collect more gems and more gems means more chance to win #OLE and #BLAST airdrops
onsider it as a big chance to earn #OLE and #blast airdrops..
And also keep in mind.. It is backed by binancelabs and cryptocom. Cap .. Also the binance listing will be in may (current mont).
You can by #ole in thruster
Do your own research

Thank you

#BLAST #Airdrop #Layer2
In a landscape thirsting for scalability and efficiency, the launch of Blast, an Ethereum Layer-2 solution, has sent ripples through the cryptocurrency community, unlocking a staggering $2.3 billion in staked crypto. Spearheaded by the visionary behind the leading NFT marketplace Blur, Blast's debut is more than a technological milestone; it's a beacon for the future of Ethereum's scalability and a testament to the innovative spirit driving the DeFi sector.
A Surge in Popularity and TVL
Blast's arrival was met with fervent enthusiasm, quickly amassing a Total Value Locked (TVL) of over $300 million, a clear indicator of its growing traction and the crypto community's endorsement. This surge underscores the significant demand for Layer-2 solutions that not only promise but deliver enhanced efficiency and lower transaction costs.
The Draw of the Airdrop and Yield Innovations

The anticipation surrounding Blast's forthcoming airdrop in May 2024 has become a major catalyst for user engagement. With promises of annual returns on Ethereum and stablecoins, coupled with the unique opportunity to earn Blast Points, the platform is positioning itself as a hub for yield generation and community-driven development.
Navigating Challenges and Embracing Potential
Despite facing scrutiny over governance and withdrawal restrictions, Blast's strategic moves—be it through significant asset accumulation or introducing new yield generation models—highlight its ambition to revolutionize Ethereum's Layer-2 landscape. The platform's commitment to overcoming these hurdles and fostering transparency will be pivotal in sustaining its momentum and trust within the community.
How to Join the Blast Movement: A Step-by-Step Guide
Joining the Blast ecosystem is an exciting journey into the future of Ethereum's scalability and DeFi innovation. Here's how to get started, simplified into easy-to-follow steps:
Step 1: Set Up a MetaMask Wallet
If you haven't already, download and install the MetaMask browser extension from the official MetaMask website or add the app to your smartphone. Follow the setup instructions to create your wallet. Remember to securely store your recovery phrase.
Step 2: Connect to ChainList
ChainList is a convenient tool that helps users connect their wallets to various networks, including Blast. Visit the ChainList website and ensure you're logged into your MetaMask wallet.
Step 3: Search for Blast Network
Once on ChainList, use the search function to find the Blast network. This will display the network's details and a 'Connect Wallet' button.
Step 4: Add Blast to MetaMask
Click on 'Connect Wallet' and then 'Add to MetaMask' to integrate the Blast network settings into your MetaMask wallet. This action prompts MetaMask to open a window asking for permission to add the new network.
Step 5: Confirm and Switch to Blast Network
Confirm the addition by clicking 'Approve' in the MetaMask prompt. MetaMask will then ask if you wish to switch to the Blast network; select 'Switch Network' to finalize the setup.
Step 6: Deposit Assets and Participate in the Airdrop
With your wallet now connected to the Blast network, you can participate in the ecosystem by depositing ETH $ETH , stETH, or supported stablecoins like DAI, USDC $USDC , and USDT. Remember, participation in the upcoming airdrop requires holding these assets in the Blast network until the specified date.
Step 7: Earn Yield and Blast Points
By depositing your assets, you'll start earning an annualized yield and accumulate Blast Points, which will qualify you for the airdrop rewards.
Final Thoughts
Exploring Blast's Layer-2 network opens up a realm of possibilities for enhanced transactions, yield generation, and participation in a burgeoning DeFi ecosystem. As with any crypto-related activity, ensure you're comfortable with the platform's terms and understand the locking period for deposited assets.
Looking Ahead

As Blast gears up for its mainnet launch and the highly anticipated airdrop, the crypto world watches with bated breath. The platform's innovative approach to yield generation, community engagement, and its pivotal role in Ethereum's evolving ecosystem spotlight the transformative potential of Layer-2 solutions.
Disclaimer
This article is intended for informational purposes only and should not be taken as financial advice. The cryptocurrency sector is marked by volatility and uncertainty; readers are advised to conduct their own research and consult with financial experts before making investment decisions.

References
Decrypt. (2024, January 16). Ethereum L2 Blast Tempts Developers With Airdrop After Users Lock Up $1.3 Billion. Retrieved from Decrypt.The Cryptonomist. (n.d.). BLAST: Ethereum's new layer-2 with a planned crypto airdrop. Retrieved from Cryptonomist.Decrypt. (2023, December 28). Blast Deposits Top $1.1 Billion Ahead of Ethereum L2 Launch and Airdrop. Retrieved from Decrypt.Decrypt. (n.d.). News Explorer — Ethereum Layer-2 Scaling Network Blast Draws Over $1 Billion in Deposits for Its Upcoming Token Airdrop. Retrieved from Decrypt.Datawallet. (n.d.). What is Blast? Airdrop, Tokenomics & More. Retrieved from Datawallet.Datawallet. (2024, March 1). How to Add Blast to MetaMask. Retrieved from Datawallet.
#TrendingTopic #Write2Earn‬

In short, by staking the cross-chain ETH and then distributing the income to everyone, it can be understood that a certain point income will be given on the basis of Lido. The future gameplay should focus on strong social interaction, and may also be similar to Blur's model. . The main focus is native yield, which can provide native income. Blast: The only Ethereum L2 launched by Blur with native income from ETH and stablecoins has just received $20 million from Paradigm and Standard Crypto. Blast’s income comes from Ethereum staking and RWA protocols. Revenues from these decentralized protocols are automatically returned to Blast users, with the default interest rate for other L2s being 0%. On Blast, interest rates are 4% for Ethereum and 5% for stablecoins. Logic: When users cross-chain ETH or stablecoins into Blast, they will be deposited into on-chain treasury bill protocols (T-Bill) such as MakerDAO, and the proceeds will be transferred back to Blast through Blast's automatic basic stablecoin USDB user. In short, the cross-chain past ETH is pledged, and then the income is distributed to everyone. On the basis of Lido, a certain point income will be given, so the future gameplay may focus on strong social interaction, or it may be similar to Blur's model. Compared with other decentralized sequencers that have no movement in L2, they still keep the Gas fee for themselves in the end. Blast returns this revenue directly to developers through the program. Developers can keep this revenue or use it to subsidize gas costs for users. The model of staking ETH to POS is somewhat similar to the savings protocol Anchor of the former star project Luna. It is essentially the staking income of blockchain POS. bETH is ETH in the staking state and can obtain an annual eth income of about 5%. At the same time, you can also receive interest income paid by the borrower. The concept of real income/native income should be mentioned more and more in the future. Yesterday, I wrote an article [DeFi Evaluation Method ②: Analyzing Liquidity Agreement] and mentioned the concept of national public chain in the tweet. Later, the concepts of treasury bonds on the RWA chain and the risk-free interest rate based on the native risk on the chain may be proposed more. In this way, the construction of the native bond market on the chain will be more colorful. #BLAST #BTC #ETH #公链生态