Blast , the Ethereum Layer 2 network created by Non-Fungible Token marketplace creator Blur, has announced details of its phase 2 rewards for users.
The project said in a blog post that the second phase of user rewards — similar to the first round — will be Chia into Blast Points and Blast Gold, with 10 billion Token allocated. Blast has reserved 17 billion Token for the first phase rewards starting last week.
“The main purpose of Phase 2 is to support the development of mobile decentralized applications and encourage users to use those decentralized applications through Blast App.”
Half of the second phase reward, or 5 billion Blast Token , will be reserved for Blast Points. Users can earn points based on their ETH, WETH, USDB and BLAST balances.
The remaining half of the reward will be allocated to Blast Gold. Dapps will receive Gold based on their performance on Blast's Primary Network and future competitions.
The Phase 2 Airdrop is expected to last 12 months as “the main purpose of Phase 2 is to support full-stack chain development,” the project said, while noting that it takes time to build a base. original infrastructure and support decentralized applications in building new applications on top of that infrastructure.
The Blast Token price has dropped 12.3% in the past 24 hours to $0.019, with a circulating supply of 17.4 billion Token.
Source: TradingView
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