Blast Sets Airdrop Date for June 26, Here’s How to Be Eligible

Emerging layer 2 network Blast announced on Wednesday that it would launch its token airdrop on June 26. The highly anticipated early user reward package will launch by 8 a.m. ET, after an earlier stall in May.

The Blast Airdrop is official 1 week away!

Dapps must distribute all Gold and Points to users by June 25, 8am ET in order for it to be counted.
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If you are a User and your EOA has Points or Gold, you must have signed into your Blast dashboard with that EOA at least once (either… https://t.co/sXtXVwrUMt

— Blast (@Blast_L2) June 19, 2024

Blast has outlined the eligibility criteria for users and dapps as part of the airdrop process. To be eligible, users with points or gold need to sign into the Blast dashboard with their eligible externally owned account (EOA) at least once.

The criteria also stated that dapps must distribute all golds and points to users on June 25 by 8 am ET to calculate them. Users were also asked to link embedded wallets for accurate token distribution.

Equal Distribution for Users and Dapps

“50% of the Blast Airdrop is allocated to Blast Points. Your wallet will earn Points automatically for every block based on your ETH/WETH/USDB balance. This is reflected in real-time on your Blast.io Airdrop dashboard,” Blast stated in a blog post.

“50% of the Blast Airdrop is allocated to Blast Gold. Gold is for Dapps, and unlike Points, Gold is distributed manually. The Blast incentives committee will distribute Gold on a 2-3 week cadence and announce publicly once Gold has been distributed,” Blast added.

Blast’s official website shows that the project has raised over $20 million from contributors, including Paradigm and Standard Crypto.

What is Blast?

Developed by Blur founder Tieshun Roquerre, Blast started its airdrop program in November 2023, giving users early access to mine Blast. According to DeFiLlama, Blast has a total value locked (TVL) of over $2 billion.

Games on the Blast network have already caught users’ eye, with card game Fantasy breaking into the top 10 platforms by daily fees generated. Fantasy went live in April after a solid testnet debut.