Blast L2: Top 10 Big Bang Winners' Projects!

2024-02-24

Blast L2: Top 10 Big Bang Winners' Projects! image 0

Blast, an innovative Ethereum Layer 2 (L2) network, stands out as an EVM-compatible blockchain focused on maximizing user earnings through native yield mechanisms. Under the leadership of its pseudonymous co-founder @PacmanBlur, Blast has successfully raised over $20 million in funding from notable entities like Paradigm and Standard Crypto. Since its inception, the network has attracted significant investments, with total deposits exceeding $1.9 billion in Ether (ETH) and stablecoins. The platform offers unique features such as yielding opportunities and BLAST points for users depositing ETH, which can augment their initial investment over time and provide airdrop rewards. The roadmap of the project indicates the upcoming announcement of the Blast mainnet in February, with BLAST points becoming redeemable in May 2024.

 

Innovative Approach to Airdrops

Blast is distinguishing itself in the DeFi space through its pioneering approach to airdrops. In contrast to traditional L2 airdrops, which often require users to be actively engaged on-chain for eligibility, Blast introduces a more predictable and potentially profitable model. This model includes unique strategies such as ETH bridging into its soon-to-launch mainnet, a friend invitation scheme, and a points reward system. These features collectively make Blast’s airdrop strategy stand out from those of other L2 platforms like Optimism (OP), Arbitrum (ARB), and Starknet (STRK). By making airdrops more accessible and less dependent on active chain involvement, Blast is setting a new precedent in how rewards are distributed in the DeFi ecosystem.

 

Blast Big Bang: Building a Robust Ecosystem

With a substantial Total Value Locked (TVL) in its L2 mainnet, Blast is now focusing on cultivating a comprehensive ecosystem to optimize the usage of these humongeous funds. A significant development in this endeavor is the announcement of the Big Bang Competition, an incentive initiative aimed at developers. The Blast Big Bang Competition calls upon developers and innovators to explore the capabilities of their Layer 2 solution. It encourages the creation of decentralized applications (DApps) that utilize Blast's auto-rebasing mechanism and other unique features. The competition involves a simple process: joining the Blast Builders community, submitting a project demo, and participating in a results announcement event. This competition is a pivotal step towards fostering innovation and supporting the development of a diverse range of DApps, further enriching Blast's burgeoning ecosystem.

Let's now explore the winners of the competition and uncover the dedicated DApps built only on Blast, each showcasing the potential to significantly impact the Blast ecosystem.

 

Blast Big Bang Winners - Top 10 Emerging Projects

DApp

Category

Twitter

Followers

Description

 

Particle

Lending

@Particle_trade

82.3K

Particle is pioneering a permissionless, oracle-free protocol for leveraging any ERC20 tokens. It enables traders to apply leverage to any token, even at launch, while liquidity providers can enhance liquidity efficiency and yield.

Blaze

NFTs/Gaming

@blaze0ng

60K

Blaze is a creator-centric platform on Blast, offering a permissionless NFT launchpad that enables users to launch their NFT collections swiftly.

Thruster

Spot DEX

 

@thrusterfi

55.6K

Thruster, a DEX focused on degen users, enhances DeFi on Blast. It offers developers fair launch mechanisms and liquidity tools. For users, it provides superior LP yield opportunities, integrated analytics, and a simplified trading experience.

Zap

Infrastructure

@zaponblast

36.8K

ZAP, a community-driven token launch protocol, addresses existing issues in the token launch arena, providing value to both founders and investors.

Blast Futures

Perp DEX

@BlastFutures

31.1K

BFX, an integrated perpetual futures exchange, boasts native yield and an all-in-one trading platform. It offers omni-chain liquidity and maximized efficiency for a comprehensive trading experience.

Hyperlock Finance

Infrastructure

 

@hyperlockfi

28.4K

Backed by Aura, Hyperlock is a yield boosting and metagovernance protocol designed to augment liquidity on Thruster. It plays a vital role in market access for Blast projects, benefiting traders and DAOs by facilitating easier liquidity access.

Tornado Blast

Infrastructure

@TornadoBlastBot

25.9K

Tornado Blast, the first Blast-centric trading bot, significantly enhances user experience in developing and implementing trading strategies.

BAC Games

NFTs/Gaming

@BAC_Web3

22.5K

Blast Auto Club (BAC) Games, more than just a game, represents a Web3 gaming revolution. Players join the club, assemble teams, and embark on an adrenaline-rich journey in the gaming world.

Fantasy

SocialFi

@fantasy_top_

11.7K

Fantasy combines gaming with social finance. Users can collect cards of crypto Twitter influencers and earn rewards based on their performance metrics.

Pac Finance

Lending

@pac_finance

11.7K

As Blast's inaugural hybrid lending protocol, Pac Finance introduces peer-to-peer and peer-to-pool loans. It will include self-repaying loans, one-click leverage trading, and instant lending loops, among other features.

 

Check out the full winners list here.

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