Blast announced that the mainnet will be launched on 2/29, and TVL will exceed 2.1 billion US dollars! When will the airdrop be released?

Blur founder Pacman launched L2 "Blast" with its own native income on November 21 last year. The platform allows users to deposit ETH and stablecoins and earn 4% and 4% respectively. 5% profit. This feature quickly attracted large inflows of capital, making it a high-profile project.

According to DeBank data, Blast’s TVL has exceeded US$2.1 billion. If compared with the existing L2, it is second only to Arbitrum and Optimism. The official also tweeted this morning that its number of users has increased. reaching 157,638.

The official announced early this morning that the mainnet is planned to be launched on February 29. Once the mainnet goes live, users will be able to withdraw assets deposited on Blast to Ethereum, thereby increasing liquidity.

When will Blast be airdropped?

As for the important news that users may be more concerned about, when will Blast be airdropped?

According to the official schedule announced in November last year, it is expected that the mainnet will be online and open for withdrawals in February, followed by airdrop distribution in May. At the same time, the “redeem” of Blast Points will be supported on May 24th.

If the official progress goes well, the airdrop may be less than 90 days away.

Big Bang competition results are out: 120 projects were selected

On January 16, Blast launched the Big Bang competition to attract developers with its considerable TVL, user base and airdrop rewards users create new projects in their ecosystem. On February 24, Blast officially announced the list of projects that stood out from the competition. A total of more than 120 projects were selected. These selected projects will be able to receive Blast airdrops when the mainnet is launched on February 29 or in May.

It is understood that among these projects, NFT/game and infrastructure projects account for the vast majority, followed by lending and perpetual futures DEX, and there are also many new projects established by experienced old teams, and the ecosystem The strength of the lineup deserves attention.

Blast Ecosystem’s First Rug Pull: RiskOnBlast Roll with 420 ETH

However, investors must remain vigilant when exploring Blast Ecosystem projects.

Recently, the first Rug Pull event occurred in the Blast ecosystem, involving the GambleFi project RiskOnBlast. The project team raised 420 Ethereum coins, worth approximately US$1.25 million, through a public token sale between February 22 and 24. Soon after, these funds were converted into DAI and transferred to multiple exchanges, including Change NOW, MEXC, Bybit, etc., and they were suspected of preparing to cash out and run away.

What is even more worrying is that RiskOnBlast’s official website and X account are no longer accessible, which further aggravates the suspicion of Rug Pull. The wallet address in this incident has been flagged by Etherscan as a suspected phishing scam, and well-known on-chain detective ZachXBT is also working to track the funds.

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