Blast Network: Claim $BLAST, A New Way to Earn Crypto

Bittime - The Blast Network, an Ethereum (ETH)-based layer two (L2) platform integrated with a native yield system, has just announced that its community can claim $BLAST tokens via airdrop in the next 30 days. Phase 1 of the BLAST airdrop will be facilitated by the Blast App, an application developed by Arcade Research.

Blast App Opens Stage 1 Airdrop Claim Access

As a first step, Arcade Research has launched the Blast App. Community members can use this app to claim their Stage 1 airdrop.

Claim Stage 2 Rewards and Full Blast App Wallet Features

Once the claim process is complete, community members can continue by claiming the ongoing Phase 2 prizes through the application. In the next 4 months, Blast App will be equipped with full wallet functionality.

Transparent BLAST Token Allocation

The Blast Network will distribute 17 billion BLAST tokens in the first stage of this airdrop. Of the total, around 7 percent will be allocated to users who contribute to bootstrapping network liquidity by bridging Ether and their native USDB stablecoin.

The Blast Network is committed to allocating 50 percent of the total supply of 100 billion tokens to the community. This shows their commitment to decentralization and community participation. The plan is that further airdrops will be carried out in the next three years.

Blast network core contributors receive 25.5 percent of the total token supply. Meanwhile, the Blast Foundation and early investors received 8 percent and 16.5 percent of the total token supply, respectively.

Blast Network: A Dynamic and Rapidly Growing Layer Two Ecosystem

The Blast Network has rapidly developed into a dynamic layer-two ecosystem on the Ethereum blockchain. The total value locked (TVL) on the platform is over $2 billion. According to Blast Network data, the platform has attracted more than 1.5 million users and registered more than 200 decentralized applications (dApps).

Successful USDB Stablecoin and Powerful Blast Network Native DApp

Interestingly, the USDB stablecoin of the Blast network is the 5th most used and 4th most owned stablecoin globally. While EVM compatible, the Blast network relies heavily on its native DApps, led by Thruster DEX, Juice Finance, Hyperlock Finance, and Ring Protocol.

Conclusion

The BLAST token airdrop by the Blast Network is an important step in the development of the platform and its community. This shows their commitment to decentralization and community participation. With a dynamic and fast-growing ecosystem, Blast Network has great potential to become a major player in the blockchain space.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification.

Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

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