Top #3 BLAST Points & Gold Airdrop Guide

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What is Blast?

We made a blast introduction our testnet post that you can find here

In this post we'll focus on what's new and how to keep farming those points & gold on blast network.

There are 3 options. So let's dive in:Citește mai mult

1. Points via Bridge ETH/wETH/USDC

In the rapidly evolving landscape of decentralized finance (DeFi) and blockchain technology, innovative mechanisms to engage users and incentivize participation have become crucial. The Blast.io platform stands out by offering a unique Airdrop program, specifically designed to reward users with Points for their activity and holdings. This blog post explores the structure and strategies for earning Points on Blast.io, highlighting how users can maximize their rewards through smart engagement with the platform.

Earning Points Through Wallet Balances

Blast.io allocates 50% of its Airdrop to Blast Points, which users can earn based on their ETH/WETH/USDB balances. The system automatically calculates Points every block, reflecting earnings in real-time on the user's Blast.io Airdrop dashboard. The platform encourages users to bridge more assets to Blast to increase their Points. As wallet balances grow, thanks to the native yield on Blast (~4% for ETH/WETH and 15% for USDB), so do the Points earnings. This setup creates a dynamic environment where users are rewarded for both their holdings and their participation in the platform's ecosystem.

Inviting Users and Dapp Participation

One of the most interesting facets of the Points system is the bonus earned from invites. Users receive an additional 16% on top of any Points their invites earn and an 8% bonus from their invite's invites. This multi-level reward system incentivizes users to spread the word about Blast.io, thereby expanding the platform's user base and fostering a more vibrant community.

Similarly, Dapps (Decentralized Applications) play a significant role in the Points economy. Dapps earn Points at the same rate as wallets, based on their Total Value Locked (TVL). When users transfer assets from their wallet to Dapps, those Dapps begin earning Points, which should ideally be distributed back to the users. This requires Dapps to integrate with the Blast Points API, ensuring a seamless redistribution of rewards and further enhancing user engagement with the platform.

2. Multiplier (Starts on Apr 2)

Understanding Multipliers in the Blast.io Ecosystem

Multipliers serve as an essential component of the Blast.io Airdrop program, designed to boost users' Points balance and their rate of earnings. For instance, if a user starts with 100 Points, earning 20 Points per hour, securing a 2x Multiplier doubles their Points to 200 and doubles their hourly earnings to 40 Points. This exponential increase in Points not only accelerates the rewards one can earn but also emphasizes the importance of strategic engagement with the platform.

How to Earn Multipliers

The process of earning Multipliers is ingeniously designed to encourage active participation within the Blast.io platform. Multipliers are awarded to users who interact with certain highlighted Decentralized Applications (Dapps). By navigating to the Multipliers section on the Blast.io Airdrop page, users can identify which Dapps are currently highlighted and eligible for earning Multipliers.

Participation doesn't require significant investment or risk. Even minimal engagement, such as submitting a transaction that interacts with a highlighted Dapp, qualifies a user for the Multiplier. This approach ensures that all users, regardless of their financial standing or experience level in the DeFi space, have an equal opportunity to benefit from the rewards system.

The Significance of Multipliers in User Engagement and Platform Growth

Multipliers play a critical role in fostering a vibrant, engaged user base. By incentivizing interaction with Dapps, Blast.io not only drives traffic and activity towards these platforms but also promotes a deeper understanding and utilization of blockchain technology among its users. This symbiotic relationship between users, the platform, and Dapps cultivates an ecosystem where innovation and participation are richly rewarded.

Moreover, the strategy of releasing Multipliers over time, with a clear end date for Points redemption, creates a sense of urgency and encourages continuous engagement. Users are motivated to stay active, explore new Dapps, and maximize their earning potential before the redemption period.

In conclusion, Multipliers are a cornerstone of the Blast.io Airdrop program, offering users a powerful tool to significantly enhance their earnings. Through strategic engagement with highlighted Dapps, users can unlock these Multipliers, propelling their Points balance and making the most out of their participation in the platform. As Blast.io continues to evolve, the impact of Multipliers on user engagement and the growth of the DeFi ecosystem will undoubtedly be a phenomenon to watch.

3. Blast Gold

The Intriguing Concept of Earning Gold on Blast.io

Blast.io offers a refreshing take on user engagement and rewards through its Airdrop program, with 50% of the Airdrop allocated to Blast Gold. Unlike traditional reward systems, Blast Gold is specifically designed for Dapps (Decentralized Applications). This segment of the Airdrop aims to promote the growth of Dapps by incentivizing their development and user interaction.

For Dapps: A Pathway to Growth and User Engagement

Gold serves as a pivotal incentive for Dapps, encouraging them to integrate with the Blast Points API and redistribute 100% of any Gold they earn back to their users. This approach not only fuels the growth of Dapps but also ensures that the benefits are directly passed on to the users, fostering a vibrant ecosystem where both developers and users thrive.

The Role of Invites in Amplifying Gold Earnings

An interesting aspect of earning Gold is the bonus received through invites. Users can earn an additional 16% on top of any Gold their invites earn, and an 8% bonus on top of any Gold earned by their invite's invites. This multi-tiered incentive structure encourages users to bring more participants into the ecosystem, thereby increasing the usage and growth of Dapps.

Important Considerations and Ethical Use of Gold

Blast.io emphasizes the ethical use of Gold, aiming to prevent its misuse. Dapps are urged to use Gold solely for the purpose of fueling growth and must avoid creating liquid proxies for Gold, such as ERC20 or ERC721 tokens backed by Gold. Such attempts would lead to the associated Gold being nullified, ensuring the integrity and fair use of the reward system.

In conclusion, Blast.io's Airdrop program and the concept of earning Gold present a fascinating opportunity for Dapps and users alike. By incentivizing participation, development, and ethical practices, Blast.io is paving the way for a more engaging and growth-oriented blockchain ecosystem. As the platform continues to evolve, it will be interesting to see how these incentives shape the future of Dapp development and user engagement in the crypto space.

➡️ How to airdrop farm Blast:

Bridge/Multiplier/Gold – all methods below:

Metoda de dezvăluire #1

You can bridge eth/weth/usdc in: https://blast.io/en/bridge

LAST UPDATE: 19/05/2024

Metoda de dezvăluire #2

 

Below you can find the dapps shared on blast homepage. Farming them can easily increase the gold

Dapp
Type
Official link
Orbit Protocol
Lending
Ring Protocol
Spot Dex
Juice Finance
Lending
Thruster Finance
Spot Dex
Ambient
Spot Dex
SynFutures
Perp Dex
Wasabi
NFTs/Gaming
Blitz
Perp Dex
Spot Dex
Abracadabra
Lending
Particle
Lending
GambleFi
Decentral Games
GambleFi
Bebop
Spot Dex
Blume
Lending
Captain & Company
NFTs/Gaming
DistrictOne
SocialFi
GambleFi
Insrt
GambleFi
Mangrove
Spot Dex
Misc
NFTs/Gaming
Thunder
Misc
Tornado Blast
Infra

Metoda de dezvăluire #3

 

Multiplier – Live in April 2

When multiplier missions will be live make sure you do all of them. Each dapp will require certain action from your side to increase your multiplier.

You can find them here: https://blast.io/en/airdrop

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