Home web3.0 Detailed explanation of Blast token economic model: community incentives and ecological development

Detailed explanation of Blast token economic model: community incentives and ecological development

Jul 16, 2024 am 09:45 AM
blast Token economic model

Detailed explanation of Blast token economic model: community incentives and ecological development

1. Overview of Blast

Blast is a Layer 2 blockchain dedicated to providing users and developers with native revenue opportunities. The platform attracts many participants by bridging assets to realize benefits, including points, coins, airdrops and other incentives.

Detailed explanation of Blast token economic model: community incentives and ecological development

2. Detailed explanation of Blast token economic model

  • Community incentives: 50% of the total supply will be distributed through community incentive activities, and the linear unlocking time is 3 years after TGE.

  • Core Contributors: 25.5% of tokens are allocated to core contributors, with a 4-year lock-in period and monthly linear unlocking starting after the first year.

  • Investors: 16.5% of tokens are allocated to investors, again with a 4-year lock-in period and monthly linear unlocking starting after the first year.

  • Blast Foundation: 8% of tokens are used for infrastructure and ecosystem development, and there is also a 4-year linear unlocking plan.

3. Blast’s first airdrop plan

Blast’s first airdrop plan covers multiple aspects, including Blast Points and Blast Gold, aiming to reward successful Dapp contributors and early participants in the ecosystem.

Detailed explanation of Blast token economic model: community incentives and ecological development

4. Blast Ecological Development and Outlook

According to data from Token Terminal, Blast’s monthly active users and stablecoin USDB supply have doubled in the past 90 days, reflecting its rapid development in the L2 network . In addition, Blast’s ecological stablecoin USDB performed outstandingly in global DEX transactions, demonstrating the vitality and attractiveness of its ecosystem.

Detailed explanation of Blast token economic model: community incentives and ecological development

Through integration with Lido and MakerDAO, Blast provides an annualized return rate of up to 5% on stablecoins, providing users with flexible income opportunities.

5. The future outlook of Blast

Blast is committed to becoming the core center of DeFi, especially suitable for social financial projects, such as the recently emerged Fantasy Top and EarlyFans. These projects leverage Blast’s ecosystem, intersecting social networks with DeFi to provide users with innovative cryptocurrency experiences.

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