Blast Unveils Phase 2 Details

Blast Unveils Phase 2 Details

Blast Foundation introduced Phase 2 with 10 billion $BLAST in rewards, focusing on mobile Dapps and user incentives.

The Deets

  • Blast Points: 5 billion BLAST allocated; earn based on ETH, WETH, USDB, and BLAST balances.
  • Blast Gold: 5 billion BLAST allocated for Dapp traction and competitions.
  • Golden Tickets: Boost rewards for Blast App users.
  • Jackpot: Less frequent, more focused on high-quality assets.

The Bulk

The Blast Foundation has officially announced Phase 2, allocating a total of 10 billion BLAST for rewards aimed at fostering the development of mobile Dapps and incentivizing users through the Blast App. The rewards are split evenly between Blast Points and Blast Gold, each receiving 5 billion BLAST.

Blast Points are earned based on balances of ETH, WETH, USDB, and BLAST, with a unique vesting threshold for Phase 1 participants to ensure continued engagement. Blast Gold will be distributed to Dapps based on their traction and participation in Big Bang competitions, with an emphasis on mobile Dapps.

Golden Tickets offer additional rewards for users with the Blast App installed, including higher Points rates and chances to win exclusive items. The Jackpot continues in Phase 2, but with less frequent payouts to prioritize other rewards.

📊 By the Numbers

After the announcement, $BLAST has fallen alongside other cryptocurrencies to a $1.86B FDV. 

🔜 What's Next?

 Look out for the first Phase 2 Gold Distribution on July 8 and more Big Bang competitions throughout the year.


For more web3 and NFT news, visit the Lucky Trader newsfeed.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.