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Blur V2 goes live today! Leading to the biggest airdrop, causing farmers to exit? Buddy Big Brother: Blur and I will save NFTs.

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Blur V2 goes live today! Leading to the biggest airdrop, causing farmers to exit? Buddy Big Brother: Blur and I will save NFTs.

The NFT trading market Blur launched its V2 version today, introducing new feature trading capabilities. While this seems like good news for users, it unexpectedly led to the exit of a major whale. However, Brother Ma, Huang Licheng, expressed that he will work with Blur to save the NFT market. What exactly happened?

Introduction to New Features of Blur V2

The main changes in this Blur V2 upgrade include two points: Gas Optimization and Trait Bidding Feature.

Blur officials stated that after the upgrade, Gas usage has been greatly optimized, saving 50% of Gas fees on transactions on Blur. Calculated at the current standard Gas price, each transaction to purchase an NFT on Blur could save up to $16.

Another feature, Trait Bidding, is an upgrade to the current bidding function on Blur. Previously, when bidding on Blur, it was for all types of NFTs within a project. Now, users can select specific traits of interest before bidding and bid on NFTs containing those traits. However, only one trait can be selected at a time.

Additionally, with the introduction of this feature, Blur has opened up the use of Trait Bidding to accumulate airdrop points. By using this feature on the following 12 NFT projects, users can accumulate points.

However, it is important to note that after the V2 upgrade, previous bids made during the V1 period will be canceled, and users will need to manually place their bids again.

Blur's Top Airdrop Farmer Quits! Huang Licheng: I and Blur Will Save NFTs

Despite the improvements in user experience with Blur V2, today brought news that is not favorable for Blur. NFT influencer Cirrus announced that the biggest airdrop farmer on Blur decided to withdraw from the airdrop game on Blur after seeing the update on Trait Bidding, removing assets worth approximately 7,842 ETH from Blur's bidding liquidity pool.

Cirrus mentioned that the reason for their exit was the uncertainty of when the second season airdrop would end. With Cirrus alone holding about 10% of Blur's TVL and 8% of airdrop points, their exit was significant.

Perhaps this decision was also driven by a reluctance to incur further losses, especially after the Azuki incident, which led to a further decline in the NFT market's valuation, potentially resulting in more losses for airdrop farmers.

Nevertheless, despite this development, there are still bullish views on Blur and the future of the NFT market. Huang Licheng, a well-known figure in the industry, stated at noon today, "I and Blur will save NFTs."

However, the challenge lies in the fact that the airdrop points held by the exiting farmer are three times more than those of Huang Licheng. To compensate for this liquidity gap as a whale, Huang Licheng may need to inject more funds.

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