Please indicate when reprinting from the "Biteye" community
Author: Biteye core contributor Crush
Community: @BiteyeCN
*The full text is about 1,800 words, and the estimated reading time is 3 minutes.
1. Introduction to Blast
Blast is the latest L2 public chain based on OP Stack launched by Pacman, the founder of NFT trading platform Blur. The biggest feature of this public chain is that it comes with native income from stablecoins such as ETH and USDT, and it has received US$20 million in investment from well-known institutions such as Paradigm and Standard Crypto.
Blast cooperates with Lido and MakerDAO to deposit funds on the chain, giving users 4% ETH income and 5% stablecoin income.
Currently, Blast has launched a pledge airdrop activity. Users who pledge funds to Blast can not only obtain corresponding interest, but also earn points (which can be exchanged for Blast tokens in the future).
Due to the huge airdrop of the previous project Blur, the support of large institutions such as Paradigm, and the success of its marketing strategy, it attracted more than 400 million US dollars in TVL in just 5 days after its launch.
If you happen to have some idle funds on hand, you can participate in this airdrop event.
2. Participation process
Register via invitation code
First, you need to get an invitation code. Only invited users can participate in this event. However, invitation codes are also easy to obtain and many users are sharing them.
It is recommended that you join a well-funded group so that you can increase your probability of getting more points.
If you haven't found an available invitation code yet, you are welcome to use Biteye's invitation code to join.
Click the link below to directly access and register.
Bind social accounts and wallets
Then follow the webpage prompts to bind Twitter, Discord and your wallet address.
Users who register for the first time will be given some points based on your wallet history and activity level.
Therefore, you can use some wallet addresses that have been created for a long time and have many interaction records to register for Blast, so that you will receive more points initially.
deposit
The points given to you for the first time require a deposit within 7 days before they can be activated.
Currently only deposits can be made, no withdrawals are allowed. The withdrawal function will need to wait until February next year, and the airdrop rewards will need to wait until about 5 copies.
invite friends
When you make a deposit, your account is activated. After activation, you can get an invitation code.
Send the invitation code to your friends. After your friends use the invitation code to register and complete the deposit, you will form a group.
Invitation rewards
As shown in the picture above, as the inviter, you can get 16% of the points reward of the invitee. If the invitee invites other newcomers, you can still get 8% of the points reward of the other newcomers.
These rewards are extra for your use by Blast and will not be deducted from the invitees' points.
Points lottery
Each activated user can participate in a points lottery based on the amount of ETH he or she has deposited.
If you deposit 1 ETH, you can get 1 points lottery opportunity every 7 days.
For example, if I deposit 0.2 ETH here, because it is less than 1 ETH, I can only get 0.2 lottery opportunities every week. It takes about 5 weeks to get one lottery opportunity. The specific calculation can be calculated according to the following formula.
Days until next spin = 7/Amount of ETH deposited
The number of points obtained in the lottery is related to the initial number of points and the lucky value. Users with high lucky scores will encounter super doubles during the lottery and receive 2 to 10 times the bonus.
Lucky value
After you and the invitees form a group, everyone's total deposit will be increased by 5 ETH each time. For example, if the amount reaches 5 ETH, 10 ETH, 15 ETH and so on, the group will get a chance to draw lucky points. .
As the team leader, you have a 100% chance of drawing lucky points, and 10 other team members will be randomly selected to draw lucky points.
For example, my current lucky value is 10%, and the lucky value obtained after the lottery is 20%, then 20% will be used as the probability of getting a super double in the next points lottery.
If the lucky value obtained is 5%, don't worry, Blast will still reserve 10% of the lucky value for you, always taking the highest probability.
Permanent invitation code
When you save 20E, you will get a permanent invitation code, which you can use to invite more people. A group with a permanent invitation code means that the group has sufficient funds.
Then as a team member, your probability of increasing your luck value will also be greatly increased.
When you draw enough times and your luck value is high enough, you can often get super double rewards. In the end, your points and corresponding rankings will also increase very quickly, which is very advantageous for getting the final airdrop rewards. .
Finally, if you have not registered yet, you are welcome to use Biteye's permanent invitation code to register, and we will give 50% of the invitation reward back to the invitees.
For the corresponding deposit strategy, you can refer to the tweet below.
https://x.com/DeFiTeddy2020/status/1729415976972853529?s=20
About Biteye
Biteye is Asia's leading Web3 research community. It produces forward-looking investment research content and tools through community and AI-driven methods to help community members explore the Web3 rabbit hole.
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