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#Write2Earn #ANCIENT8 UNVEILS MAINNET: PIONEERING #ETHEREUM #LAYER2 FOR #GAMING $A8
Ancient8 is thrilled to unveil the Ancient8 Mainnet, a significant milestone in its mission to empower a million creators and inspire a global community of 100 million gamers. The Ancient8 Chain, powered by the robust OP Stack and Celestia integration, now stands as Ethereum Layer 2 for gaming, strategically addressing scalability and adoption hurdles in fully on-chain games and consumer DApps. This milestone marks a pivotal leap forward in their journey.
From Successful Testnet to Robust Mainnet
Ancient8's vision for an Ethereum Layer 2 has been in development since mid-2022, and it officially began with the launch of Testnet V1 in September 2023. This marked the beginning of Ancient8's mission to empower game developers with cost-effective and innovative on-chain gaming experiences. Following valuable community feedback, Ancient8 further refined and strengthened the Ancient8 Chain with the integration of Celestia in Testnet V2.
Throughout the testnet phases, Ancient8 achieved significant milestones thanks to the invaluable support of developer communities. This collaborative effort allowed Ancient8 to approach the Mainnet release with necessary improvements, addressing game development needs such as onboarding essential games, resolving infrastructure challenges, and fostering education and community collaboration.
Ancient8 is thrilled to unveil the Ancient8 Mainnet, a significant milestone in its mission to empower a million creators and inspire a global community of 100 million gamers. The Ancient8 Chain, powered by the robust OP Stack and Celestia integration, now stands as Ethereum Layer 2 for gaming, strategically addressing scalability and adoption hurdles in fully on-chain games and consumer DApps. This milestone marks a pivotal leap forward in their journey.
From Successful Testnet to Robust Mainnet
Ancient8's vision for an Ethereum Layer 2 has been in development since mid-2022, and it officially began with the launch of Testnet V1 in September 2023. This marked the beginning of Ancient8's mission to empower game developers with cost-effective and innovative on-chain gaming experiences. Following valuable community feedback, Ancient8 further refined and strengthened the Ancient8 Chain with the integration of Celestia in Testnet V2.
Throughout the testnet phases, Ancient8 achieved significant milestones thanks to the invaluable support of developer communities. This collaborative effort allowed Ancient8 to approach the Mainnet release with necessary improvements, addressing game development needs such as onboarding essential games, resolving infrastructure challenges, and fostering education and community collaboration.
#Write2earn
Ethereum Scaling Solution Blast Launches Native Token
$BLAST #BLAST #LAYER2 #EthereumLayer2 $ETH #airdrop
Ethereum Layer 2 (L2) network Blast is set to launch its native token today, with 17% of its total supply airdropped to early adopters. Despite its $1.65 billion in Total Value Locked (TVL), Blast is one of the most debated products in decentralized finance (DeFi).
Token Airdrop Details
The airdrop will be distributed across Blast and its affiliated NFT marketplace Blurâs points program. Specifically, 7% will go to Blast points, another 7% to Blast gold, and 3% will be shared among the Blur ecosystem.
On-Chain Metrics and Native Yield
Blast boasts impressive on-chain metrics compared to other blockchains, driven by its token incentives. According to DeFiLlama, Blast is the second largest Ethereum scaling solution by TVL and has the highest user fees among Layer 2 networks. As an optimistic rollup like Arbitrum and Optimism, Blast was the first to introduce native yield.
On Blast, all ETH yields 4%, while its native stablecoin, USDB, yields 5%. This allows users to earn yield simply by holding assets on the chain, without engaging directly with DeFi protocols. This native yield is generated through ETH staking and Real-World Asset (RWA) protocols via an automatic rebasing system.
Controversial Aspects of Blast
Blast is developed by the team behind the leading NFT platform Blur, which has also faced its share of controversies. Blur overtook OpenSea as the dominant NFT trading platform after its token launch in 2023, but its incentives for buying, selling, and lending have drawn criticism from many NFT collectors. Some even claim that âBlur killed NFTs.â
The latest season of Blur farming featured previously undisclosed Blast incentives. Recently, Blast announced that Season 3 will allocate 0.5% of its supply to Blur traders and 1.5% to BLUR stakers. The remaining Blur token allocation will be reserved for future uses.
Ethereum Scaling Solution Blast Launches Native Token
$BLAST #BLAST #LAYER2 #EthereumLayer2 $ETH #airdrop
Ethereum Layer 2 (L2) network Blast is set to launch its native token today, with 17% of its total supply airdropped to early adopters. Despite its $1.65 billion in Total Value Locked (TVL), Blast is one of the most debated products in decentralized finance (DeFi).
Token Airdrop Details
The airdrop will be distributed across Blast and its affiliated NFT marketplace Blurâs points program. Specifically, 7% will go to Blast points, another 7% to Blast gold, and 3% will be shared among the Blur ecosystem.
On-Chain Metrics and Native Yield
Blast boasts impressive on-chain metrics compared to other blockchains, driven by its token incentives. According to DeFiLlama, Blast is the second largest Ethereum scaling solution by TVL and has the highest user fees among Layer 2 networks. As an optimistic rollup like Arbitrum and Optimism, Blast was the first to introduce native yield.
On Blast, all ETH yields 4%, while its native stablecoin, USDB, yields 5%. This allows users to earn yield simply by holding assets on the chain, without engaging directly with DeFi protocols. This native yield is generated through ETH staking and Real-World Asset (RWA) protocols via an automatic rebasing system.
Controversial Aspects of Blast
Blast is developed by the team behind the leading NFT platform Blur, which has also faced its share of controversies. Blur overtook OpenSea as the dominant NFT trading platform after its token launch in 2023, but its incentives for buying, selling, and lending have drawn criticism from many NFT collectors. Some even claim that âBlur killed NFTs.â
The latest season of Blur farming featured previously undisclosed Blast incentives. Recently, Blast announced that Season 3 will allocate 0.5% of its supply to Blur traders and 1.5% to BLUR stakers. The remaining Blur token allocation will be reserved for future uses.