Blast officially launches mainnet, allowing users to compete for points using on-chain protocols

BLAST, a new Layer2 network orchestrated by the founder of NFT exchange Blur, has officially launched its mainnet yesterday since announcing the news last November. Amid controversies surrounding security and its scoring system, the market airdrop sentiment has spread to on-chain projects, with the total value locked (TVL) across the network currently reaching $2.3 billion.

Blast Officially Launches Mainnet

Blast Points Rules

Blast has gained significant market attention, with its points rules and airdrop distribution mechanism being key. There are currently two main ways to earn points in Blast:

• Blast Points: Cross-chain mainstream assets such as ETH, USDT, DAI to the Blast network, calculated based on the amount.
• Blast GOLD: Will be distributed to Dapps on the chain, and many protocols have committed to airdrop to users.

In simple terms, all potential token airdrops will be 100% distributed to the community.

High Efficiency of Staking for Points

Prior to the launch of Blast's mainnet, users were already allowed to stake ETH and other tokens in advance to earn potential airdrop points. According to official data, the network's TVL has reached $2.3 billion, with 180,000 wallets participating, indicating the effectiveness of the points activity.

Now with the mainnet launched, users can choose to directly convert staked tokens into the network to continue calculating Blast Point points, with over 50% of funds already entering the Blast network.

Active Users on the Chain Competing for Points

The team mentioned that prior to the mainnet release, many teams had already started developing on Blast. Projects currently launched include emerging oracle newcomer Pyth, decentralized derivatives exchange SynFutures Protocol, and lending protocol ZeroLend forked from Aave V3, among others.

These projects will receive Blast GOLD points, with 50% of future token distribution expected to be allocated to these protocols. Many protocols have also promised further distribution to users to attract them to use their products, leading to many users engaging in frenzied behavior of being the first to use the protocols and boost trading volume.

Participating in the Blast Network

Now all users can use MetaMask on its official website to directly use the cross-chain bridge to transfer ETH to the Blast network:

• Network Name: Blast
• RPC: https://rpc.blast.io
• Chain ID: 81457
• Native Token Symbol: ETH
• Blockchain Explorer: https://blastscan.io

If you wish to change to other RPC links, you can refer to the official documentation. However, please be cautious about the security of on-chain assets, as phishing links related to Blast are currently rampant in various communities.