Author: Nancy, PANews
With the previous airdrop feast of Blur, the L2 project Blast has rapidly attracted a staggering $2.3 billion in funds within just over three months, driven by high expectations for the airdrop of points. Under this astonishing fundraising momentum, Blast's mainnet officially debuted on March 1st, announcing that 50% of the airdrop would be allocated to Blast Point (users), while the remaining 50% would be allocated to Blast Gold (DApp). In order to retain market liquidity and accelerate ecosystem development, Blast not only allows mainnet users to continue earning Blast points, but DApp on the mainnet can now also earn Blast Gold (coins).
However, the point gameplay and exit mechanism of Blast have caused dissatisfaction within the community. Meanwhile, as more ecosystem projects launch similar point gameplay such as Restaking, and some DApps promise to distribute all Gold to users, which of these ecosystem projects of Blast are worth interacting with?
New point rules cause dissatisfaction, over 60% of funds have bridged to the mainnet
According to Blast's mainnet point rules, in addition to earning points through bridging assets (per hour) and inviting friends as before, users are also allowed to earn the highest 22x bonus points and gold points by using certain categories of DApps. For users who have not migrated to the mainnet, they will no longer have the opportunity for weekly point flipping, and to withdraw from the platform, they will need to transfer funds to the mainnet and then wait for a 14-day withdrawal period. All points will be redeemed in May this year.
However, regardless of the method, users need to pay high gas fees to transfer funds to the mainnet, and many users have expressed complaints about this, especially small-scale users who face the risk of being "anti-rubbed." The opaque point calculation rules and point mapping errors of Blast have also been questioned by users, with the official explanation being that the system displays errors and efforts will be made to resolve these issues.
In addition, the bonus points of Blast seem to be more user-friendly for new users, which has caused dissatisfaction among users who participated in staking previously. This is because if users do not participate in the mainnet point activities, although the previously earned points will still be held, it also means that the value of these points will depreciate, especially causing significant losses for large holders.
In response, some community members have expressed that "Blast has put large holders on a 'car that cannot get off,' not only erasing their previous contributions, diluting the points they have dug out with real money, but also exposing them to the risk of new project funds such as Rug." Twitter user @0xlianjinshu described it as, "The gameplay of Blast's mainnet points is like your mother-in-law saying that a dowry of 100,000 is enough for marriage, but on the night before the wedding, the woman suddenly says to add another 80,000."
As of the time of writing, according to Scopescan data monitoring, over 60% of Blast TVL has already bridged to the Blast mainnet, with the Bridge currently holding over $1.46 billion in stETH, ETH, and DAI, but there is still over $880 million in funds yet to be transferred.
Ecosystem focuses on DEX and lending, multiple projects promise to fully return developer rewards to users
From the perspective of Blast's mainnet point gameplay, the official has made no secret of its strong support for ecosystem projects. Currently, Blast has listed 26 ecosystem projects on its official website, mainly focusing on lending and DEX, and also covering other areas such as infrastructure, NFT, and SocialFi. This article takes stock of 12 popular projects, many of which have received hundreds of millions or even billions of dollars in financing, and have also promised to fully distribute developer rewards to users.
It is worth noting that the official has also explicitly stated that it cannot guarantee the security of these designated DApps, and users should bear the risk of use on their own. Therefore, when participating, users should prioritize selecting projects screened by the official and also pay attention to risks such as contract security audits and account authorization management.
Ambient Finance
The decentralized trading platform Ambient Finance allows bilateral AMM of concentrated and constant product liquidity on any pair of blockchain assets. In July 2023, Ambient Finance announced a $6.5 million seed round financing led by BlockTower Capital.
Bebop
Bebop is a DEX launched by crypto market maker Wintermute, allowing traders to enter or exit multiple positions in a single trade, i.e., swapping one token for a token combination or swapping a token combination for a token.
SynFutures
The DEX SynFutures V3 platform has officially launched on the Blast mainnet and has passed the Quantstamp contract audit. It will fully return the developer airdrop share to the community. At the same time, SynFutures provides users with a triple airdrop opportunity lasting 3 to 4 months, namely Blast points + Blast Big Bang champion points + SynFutures points, and has hinted at a token airdrop plan.
Previously, SynFutures announced investments from institutions such as Pantera, Polychain, Dragonfly, and StandardCrypto, with a total financing of $38 million.
YOLO Games
YOLO Games is part of the Degen Gaming platform, providing on-chain games, and has stated that it will airdrop Blast rewards to users and provide additional YOLO airdrops. The project has completed a snapshot.
Mangrove
Mangrove is an order book DEX that does not require locking assets, allowing liquidity providers to quote through smart contracts. It has stated that it will fully return the developer airdrop to the community and open Mangrove Season 1 point activities.
After raising a $2.7 million seed round financing in 2021, Mangrove announced last year that it had completed a $7.4 million Series A financing led by Cumberland and Greenfield Capital.
Thruster
Thruster is the native DEX on Blast, aiming to benefit traders, LPs, and developers with Blast's native income, customized liquidity solutions, and a more user-friendly UI/UX. All LPs are eligible to receive Blast points, Blast native income, and Thruster points. On the day of the Blast mainnet launch, Thruster's trading volume exceeded $10 million, and it announced plans to fully compensate users affected by front-end vulnerabilities the next day.
Blitz
Blitz is the first DEX powered by the cross-chain shared liquidity order book Vertex Edge, supporting spot, perpetual contracts, and comprehensive currency markets. It allows users to earn Blitz points and BLAST points by depositing USBD and wETH, and will fully distribute Blast airdrop shares to the community.
Juice
Juice is a decentralized trading protocol that allows users to directly access liquidity mining and leveraged spot trading on Blast through the Juice dashboard to earn various benefits. The official stated that Blast cross-chain users, Juice testnet users, and holders of multiple NFT series (Pudgy Penguins, Anata, ByWassies, CryptoPunks, Azuki, and DeGods, etc.) are eligible to receive Juice points.
PACMOON
PACMOON is a popular Meme on Blast, and users who deposit before 01:00 on February 27th Beijing time can claim its airdrop through an invitation code.
InfinityPools
InfinityPools is a decentralized exchange that offers infinite leverage for any asset, without liquidation, counterparty risk, or the need for oracles in decentralized contract trading. The development team of InfinityPools, Lemma Labs, completed a seed round financing at the end of 2021 with participation from Standard Crypto, Dragonfly, Nascent, Multicoin, Coinbase, Uniswap, and Wintermute.
Blast Futures Exchange
Blast Futures Exchange is an integrated order book perpetual futures exchange and the top-ranked DEX in native yield, allowing users to earn an additional 5% interest on their balance while providing user-friendly trading services. Users can deposit USDB to earn Blast points and Gold, and Blast Futures Exchange will fully allocate developer rewards to the community.
Bloom
Bloom is a Perp DEX that supports 50x leverage, gas-free transactions, and automatic interest accrual. The contract has been audited by the third-party security company Zellic, and it has stated that it will fully return 100% of Blast rewards to long-term users and liquidity providers. The website shows that Bloom's investors include Pantera Capital, Ankr, Founders Fund, Pyth, Galaxy, and Biconomy.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。