Blast, an Ethereum Layer 2 network, has gained momentum after a token airdrop, locking $1.5 billion in assets. The network announced Phase 2 rewards, distributing 10 billion tokens to support mobile dApp development. Blast Gold distributions for Phase 2 have begun, with various amounts allocated to different projects and users, aiming to incentivize participation and growth in the ecosystem.
We received 266,106 Blast Gold in the first distribution of Blast's Phase 2. Here’s how you can earn your share (long thread) 👇 https://t.co/c73YWZNAX6 During Blast's Phase II, earn Blast Gold, Blast Points, and ETH by participating in the activities listed below. Gold amounts… https://t.co/8NaaftPiOu
Quick thoughts on the Blast distribution: 1) First, the obvious: The stakes are a lot lower than before. The FDV of $BLAST is $1.5bn, well below Phase I hopes of $8bn+ FDV. There will be more gold supply and less $BLAST distributed. So each sweet piece of gold means a lot less,… https://t.co/fzHPPU1GRH
Quick thoughts on the Blast distribution: 1) First, the obvious: The stakes are a lot lower than before. The real-life FDV of $BLAST is $1.5bn, well below hopes of $8bn+ FDV during phase 1. There will be more gold supply this phase and less $BLAST distributed. So every sweet… https://t.co/rCe3u4miWH