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BL

Blast

Team: Blast
Category
Layer 2
Status
Archived
Chain
Blast
Difficulty
Funding
TBA
Rating
N/A
Tasks0
No ratings yet

Event Timeline

Deposits open before mainnet

Nov 2023

Completed

Mainnet launches

Feb 2024

Completed

Blast Gold distributed to apps

Spring 2024

Completed

BLAST token and airdrop

Jun 26, 2024

Completed

About Blast

Blast launched with an unusual sequence: deposits opened months before the chain did. Users bridged ETH into a contract that earned yield, accruing points toward a future distribution, and several billion dollars arrived before there was anything to actually use.

The June 2024 distribution paid out on those points, and on Blast Gold, a separate allocation routed through applications building on the chain so that developers could direct rewards to their own users.

The approach was widely criticised as a deposit race with lock up risk, and equally widely copied. It marks the point where points programmes became the default pre launch mechanic rather than a novelty.

Airdrop Stats

Points Based Allocation
Layers
Blast Gold via Apps
Clock
Deposits Before Mainnet

This airdrop has concluded. It is kept for research rather than participation.

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