Keep looking for airdrops in the Blast ecosystem

Author: GeekTop; Source: Web3 Insights

Airdrops and points system in Blast

< p style="text-align: left;">Blast has a very interesting token economics, according to which 50% of the tokens are allocated to developers and 50% are used for airdrops.

Token circulation reached 175,553,096,633,449 tokens!

The airdrop itself is scheduled to be released in May, so such a project with an ecological airdrop deserves attention.

Due to Blast’s own profitability (ETH/WETH is about 4%, USDB Approximately 5%), the wallet balance will also increase over time, as will the points earned in the ecosystem.

To replenish tokens (ETH, WETH, USDB, DAI) you can use a bridge.

Let's consider the mechanism of Blast:

Blast recommendation system: The project has a Level 2 referral system where you earn +16% on any points earned through your referrals and +8% on any points earned through your referrals - so create an account farm and actively hunt for drops!

Passive income mechanism: By holding ETH or stablecoins in the Blast network, you can earn passive income at an annual rate of 4% or 5% respectively. This is done without staking or locking the tokens – similar to the liquidity staking we discussed earlier. The project's profits come from the Lido (for ETH) and MakerDAO (for stablecoins) protocols.

How DApps work: DApps are profitable in the same way as regular wallets, depending on TVL. When ETH/WETH/USDB is transferred to a DApp, the DApp starts to earn as much revenue as the tokens transferred.

Promotion: Promotion can increase the profitability of points. The more ETH/WETH/USDB you hold, the more rewards you receive and the more points you earn.

The main advantage of a large TVL for projects is that Blast may be able to build a blockchain that the community actually uses because of its convenience and because With a good ecosystem with the right incentives for developers, eventually the project will have a very strong community, just like Arbitrum, which ultimately has a very positive impact on the token price.

The main disadvantage is that the larger the TVL, the more intense the competition and the more dilute everyone's losses will be.

Blast should be viewed as a very interesting farming opportunity, with the right approach you can achieve 3x+ returns on large sizes with minimal risk .

Let's continue the activity.

Degamex

Degamex is one of the new ecosystem projects that represents The combination of GameFi and SocialFi in the Blast blockchain.

Currently, the project has confirmed an airdrop in the second quarter of 2024, and the points earned will be converted into airdrops.

What should I do?

1. We enter the platform, connect Twitter and wallet - we get 1 spin (not immediately Rotation):

2. Next, We get an Ultra Spin — we post on Twitter, copy the link to the post, and paste it on the DeGameX website:

< p style="text-align: left;">Now we use ULTRA SPIN — get 10 times more points than without it:

3. We complete daily tasks in SeamLabs to earn more points and XP.

Authenticate via Discord, Twitter or wallet.

Scroll down and complete the tasks - daily Twitter posts, FPS games in Telegram (we will think about it later).

In addition, we make points requirements every day - we accumulate strikes and invite friends (They will increase our points and thus our chances of going down):

When you reach 1000 points, click "Get Boost" and then "Go to Store":

And redeem 1000 points for 1 spin:

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4. Increase our chances of drops and points by depositing Blast ETH/USDC/USDT on the official bridge.

Connect to wallet:

Switch to the Ethereum mainnet, select an appropriate amount, and click "Submit" (confirm the transaction):

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Then, moving on to Blur, we also need to deposit $BLUR tokens:

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Click "Deposit $BLUR to Earn", select the appropriate amount, and deposit:

< p style="text-align: left;">Approve and sign the transaction:

After that, go back to DeGameX and check our item drop chances:

5. NFTs can also be purchased from Degamex to gain points growth and convert them to $DEGMX in the future:

Enter the casting page and select the Blast network (requires 0.05 ETH) - used to mint NFT. Mint and confirm the transaction:

Now, we can get +2 extra spins every day , the chance of luck increases to 10%/15%/25%.

6. Or, play the Playbot game (Rock, Paper, Scissors) on Telegram.

Go back and click Playbot:

Enter /start in the bot, connect your wallet, and click "Play Now":

Then, go to the project's group channel and type /rps to start playing. Let the games begin:

Rock - rock

Paper - paper

Scissors - Scissors

7. The last step is to explore Galxe activity (subscribe and start active activity):

*To learn step by step how to register and connect wallet in Galxe, you can refer to us Another article discussing the DOP testnet.

Participate in available tasks and complete simple subscriptions.

Finally, receive NFT + points:

Follow the project on Twitter and Discord and don’t miss the drop season!

We recommend playing events in DeGameX more frequently to potentially get more drops in the spring.

Flashbit

Flashbit is another ecosystem project from Blast that we will consider .

This project is an example of GambleFi and also has its NFT collection. The platform focuses on user experience in the field of community innovative games and provides them with real rewards.

Currently, Flashbit is an experienced player in the prediction market, but its goal is to grow into a large-scale crypto project.

Flashbit has now opened early access to the project, which may factor into future drops.

What action to take?

Subscribe to the project's Twitter and Discord so you don't miss announcements.

Visit the website and connect your wallet, Twitter and Discord:

*If you are asked to enter an invitation code, please use ZSJAP3.

Verify your wallet:

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You will receive early pre-coins (200 initially) immediately:

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For the main event to increase tokens, we need:

1. Invite Friends - for this our points will receive a 10% boost (the more, the better).

2. Bridging (depositing) ETH and stablecoins in the official bridge - we have discussed how to do this above .

3. Tweet about the project on Twitter — we will get a +20% points boost:

4. Get Flashlist  from the project in Discord, This will add a +10% boost to points. In Discord, find the #How-to-wl section and familiarize yourself with it:

Then, go to #engage_commands and enter the command /set twitter @profile_name:

Connect Come on down and go to #tweets. Like, comment and repost:

In the main channel (gm-gn, Participate in and showcase activities in the Lounge to increase your promotion in the channel.

Check your ranking (in #engage_commands) using the command /rank or /leaderboard:

When you perform well, you can buy a whitelist:

Confirm and purchase:

You can also participate in other activities in the main chat and elsewhere to gain access to other whitelist opportunities and benefits for the project.

5. Keep an eye out for the project’s newly released NFTs, which will boost your points by 50% and increase your chances of getting more tokens during the airdrop Opportunities:

Finished!

In this way, we have participated in two new projects at an early stage and have the opportunity to obtain good airdrops in the future.

We also discussed other projects in the Blast ecosystem where you can participate and potentially receive airdrops.