The Ethereum layer-2 network Blast announced a significant airdrop on June 26th. This airdrop will distribute a substantial portion of the network’s total token supply – a full 17% – to users who actively participated in the network’s growth.
IT’S TIME FOR $BLAST
The Blast Foundation will airdrop BLAST to the community tomorrow, June 26 at 10AM EST, 10PM HKT, 4PM CET.
Q2 highlights and tokenomics below 👇 pic.twitter.com/iH1SxCQ6uN
— Blast (@Blast_L2) June 25, 2024
Those who bridged assets, like Ether (ETH) or US Dollar Blast (USDB), to the Blast network will be eligible for a portion of the airdrop. Similarly, users who actively contributed to the success of decentralized applications (dApps) built on Blast will also be rewarded. The remaining 3% of the allocated tokens will be reserved by the Blur Foundation for future airdrop initiatives within their community.
The Blast Foundation allocated 3% of BLAST to the Blur Foundation.
1% will go to Blur traders and BLUR holders in Season 3 (0.5% each).
0.5% has been reserved for Blur traders in Season 4 (more details shared on June 26).
0.5% will be reserved for future use.
— Blur (@blur_io) June 25, 2024
This airdrop comes on the heels of similar events in the layer-2 space, with zkSync’s recent airdrop attracting significant participation. By rewarding early adopters, Blast aims to incentivize continued network usage and foster a strong community around the project.
