Full Analysis Of The BLAST Airdrop Rules

2024-06-27

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What Is BLAST? 

BLAST is not a typical Ethereum Layer 2 (L2) solution. It distinguishes itself by providing something unique: native yields for ETH and stablecoins. This implies that just storing these assets in your Blast wallet generates passive income.

Consider it a cryptocurrency-specific, high-yield savings account. Other L2s normally provide 0% interest, whereas Blast offers 4% for ETH and 5% for stablecoins. This yield is derived via Ethereum staking and real-world asset (RWA) protocols, which are decentralized systems that provide returns on real-world assets such as Treasury notes.

Blast aims to increase the bar for what consumers and developers expect from an L2. It’s built from the ground up to be EVM-compatible (meaning it works with the majority of Ethereum applications) and scales via optimistic rollups. This distinct set of capabilities makes it an ideal environment for innovative decentralized apps (dApps) and business models that are simply not viable on other L2s.

Advantages Of BLAST

BLAST has many significant benefits that distinguish it as a possible Layer 2 solution on Ethereum:

Offering higher returns: BLAST offers market-leading return rates on ETH and stablecoins, helping users battle inflation while growing their holdings over time. This native yield feature provides a substantial benefit over competing L2 alternatives, which often have no interest.

Incurring lower expenses: BLAST greatly decreases users' operating and transaction expenses by automatically compounding interest and providing gas charge refunds. This makes it a more affordable platform for connecting with decentralized apps and managing digital assets.

Business model innovation: BLAST opens up new opportunities for dApp developers by allowing creative commercial models. The platform's unique yield-generating capabilities and architecture make it ideal for developing creative applications and income streams that would not be possible with traditional L2 solutions.

Blast Airdrop 12 Times Points Tutorial

The highly anticipated Blast airdrop is quickly approaching, and the excitement is strong! With the latest delay of the token generation event (TGE), early adopters have been rewarded with higher airdrop allocations, potentially worth 2-12 times the basic tokens.

This detailed tutorial will walk you through the Blast airdrop procedure, allowing you to maximize your points and, eventually, your prizes.

Mission 1: Acquiring NFTs And Doubling Your Points

The first step in increasing your Blast points is to acquire an NFT (non-fungible token) on the Blast chain. If you already have assets on the Blast chain, the approach is straightforward. Simply go to the Blast NFT marketplace and buy any NFT that strikes your interest.

It does not have to be the most costly option. Even the most economical price of 0.3 USD would suffice. Completing this first mission practically doubles your base points, putting you on track for a substantial airdrop increase.

Mission 2: Listing Your NFT And Doubling Your Points Again

Congratulations on receiving your first NFT on the Blast blockchain! Now let's use it to gain even more points. The Blast marketplace enables you to simply put your NFT up for sale. This is a simple method that involves little effort yet produces substantial results.

Listing your NFT effectively puts it up for sale with other Blast users. Whether or not your NFT is bought, just listing it will double your points, getting you four times closer to maximizing your airdrop potential.

Mission 3: Increasing Liquidity And Doubling Your Points Again

Are you ready to elevate your Blast airdrop rewards to another level? Consider adding to the liquidity pools on the Blast chain. Liquidity pools are critical components of decentralized finance (DeFi), since they enable smooth and efficient token trading.

Here's a workaround if you don't have any current assets on the Blast blockchain: utilize Thruster Finance, a decentralized exchange that runs on the Blast chain. Simply convert part of your tokens for OLE tokens and use them to buy an NFT from the Blast marketplace. Completing this first mission practically doubles your base points, putting you on track for a substantial airdrop increase.

If you already have assets on the Blast chain, you can add any number of tokens to a liquidity pool of your choosing. This third task essentially doubles your points again, giving you an impressive 8x multiplier on your starting amount.

Mission 4: Sharing On Twitter To Get The Last Double

The last task in our quest for maximum Blast points is to spread the word about this unique Layer 2 solution on Ethereum. Take a moment to link your wallet, follow all on-screen requirements, and create a tweet about Blast and your involvement in the airdrop.

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Remember to use the hashtag #Blast to reach a larger audience and express your support for the initiative. This simple act of social media involvement will result in the last point doubling, for an astonishing 12x multiplier on your basic tokens.

Recap And Additional Tips

After completing all four tasks above, you’ll have a high chance of receiving a 12x multiplier on your Blast airdrop prizes. The following are a few tips to optimize your opportunity:

Acting fast: There is no official indication as to how long this additional multiplier chance will be accessible. The sooner you finish these assignments, the higher your chances of receiving the highest prizes.

Following the instructions carefully: Each mission has distinct prerequisites. Take a minute to thoroughly read the instructions before performing any action to guarantee you optimize your points and prevent mistakes.

Staying updated: Blast's official channels (website, social media platforms) are the most reliable source of information on the airdrop and any prospective updates or adjustments. Check back on a frequent basis for the most recent announcements.

Monitoring for questionable activities: Make sure your involvement is legitimate and don't contact any questionable or unverified dApps. Failure to follow the airdrop regulations may result in disqualification.

Prioritizing security: Always check information from official sources and never exchange important information with unknown persons. Protect your cash and possessions by following appropriate security practices.

By actively engaging in the Blast ecology and maximizing your points via this guide, you can surely position yourself for a significant payout in the future airdrop. Don't pass up this great chance to be a part of Blast's unique Layer 2 solution for Ethereum.

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