The decentralized finance and gaming ecosystems on the Blast Layer 2 platform are witnessing significant developments with the distribution of Blast Gold, a new reward system aimed at fostering growth and user engagement. This week marked the first distribution of Blast Gold, with a total of 10 million Blast Gold being allocated to winners of the Big Bang competition and various dApps on the Blast mainnet. Notably, Juice Finance emerged as a leading entity in the lending category, receiving 384,781 Blast Gold, while DecentralGames and PlutoCats also received substantial allocations of 103,949 and 63,830 Blast Gold, respectively. The distribution of Blast Gold is expected to incentivize participation and investment within the Blast ecosystem, as dApps begin to distribute the rewards to their users. Entities such as Juice Finance, ThrusterFi, and Mintify have expressed their commitment to redistributing Blast Gold to their users, highlighting the potential for increased yield and point farming activities. Additionally, the impact of Blast Gold distribution has already been observed in the NFT market, with PlutoCats experiencing a significant increase in floor price from 0.5 ETH to 2 ETH following the announcement of their Blast Gold allocation. It's noteworthy that 1 Blast Gold is equivalent to 35,172 Blast Points, underscoring the value of these rewards within the ecosystem.
Blast Gold already live π₯ Come hit the tables and earn @Blast_L2 rewards while playing https://t.co/YNPzdXCjsI
Plutocats have completely popped off to a 2 ETH floor from a 0.5 ETH floor earlier today after it was announced that they will be getting 63,830 Blast gold. Especially appealing as they had fewer than 400 total NFTs before the announcement. https://t.co/ldFkrVcVBQ
I've been calling this one out for a hot minute as one of the easiest farms on blast for those with smaller amounts of capital Let's take a look > 340,306 Blast Gold π‘ to be distributed to D1 Users This is roughly the equivalent of 12bn Blast Points at current ratio (39.6mβ¦
ππ± @plutocatswtf Invade Blast: A Cosmic Win! π Guess what? PlutoCats just hit the jackpot in the Big Bang Competition on Blast, bagging a whopping 63,830 Blast Gold! π₯π° Now, let's break it down, but keep it snazzy: Blast Gold? Think of it as the cosmic currency,β¦
Renzo is a proud recipient of Blast Gold: Distribution 1! Thanks to our partners at @ThrusterFi, @Juice_Finance, @hyperlockfi, @particle_trade & @zerolendxyz for bringing the fastest growing LRT β $ezETH βΒ to Blast π Stay tuned for details on how we'll distribute back to theβ¦ https://t.co/yrucL2aDdL
Here's the tldr math for @plutocatswtf that caused them to rip in price after the announcement of Blast Gold π‘ distributions. Key piece of info: 1 Blast Gold = 35,178 Blast Points Pluto Cats were big bang winners and received 63,830 Blast Gold π‘ 63,830 Blast Gold = ~β¦ https://t.co/h9xHH1WnFg
Blast Gold rewards are now live at @DecentralGames As a Big Bang competition winner, DG received 103,949 Gold and will be distributing 100% of it to their players Hit the tables and earn Gold + Points while playing blackjack, roulette, and poker Youβll earn rewards based onβ¦ https://t.co/awfnmBcjTp
The top Blast NFT is cooking so hard. Floor price just 5xβd in a few hours. Hereβs why: Blast gold distribution was just announced. And @plutocatswtf have 63,830 gold to distribute to their 325 holders. That is insane. If they gave 100% of the blast gold to the cats, thatβ¦ https://t.co/vYKX2Csbks
Did you know 1 Blast Gold = 35,172 Blast Points? LFG π https://t.co/NIGTQFJWr8
Blast Gold π‘ is finally here! Looking forward to digging in to the distributions and developing a more informed plan on how to maximize blast gold π‘ while using the apps Iβm most interested in. Next stop - looking forward to earning blast gold π‘ by using Blur on Blast inβ¦ https://t.co/Jb9euKVBJJ
To Blast off, we need Thrust! Thruster is proud to be the #1 recipient of Blast Gold! We're also pleased to see the success of our partners. Gold is a significant bonus on top of Points distributed to dApps to drive long-term growth. Our first distribution will be soon! https://t.co/1KwFMvcrLb https://t.co/dmnl2X0na3
The fact @CryptoValleys got 321k of the points, based on their activity and people jumping in and 1 @Blast_L2 Gold is around 35k points (based on the Blast website) I am surprised the price didn't move up really fast, seems like an easy win now Check out the thread https://t.co/gy8FJTXt5C https://t.co/5Le5WTH4SU
ο½’ Thanks for the Gold ο½£ Mintify is thrilled to have secured 53,492 @Blast_L2 Gold in the first distribution. 100% of the Gold that Mintify: The NFT Orderbook earns goes to its users. More details soon. https://t.co/zEaONyOBTA
We are honored to receive 384,781 @Blast_L2 Gold - ranking us #1 across the lending category. Don't forget, Juice farmers will also be eligible for Gold from @ThrusterFi @hyperlockfi @wasabi_protocol @_munchables_ @ProtocolRing and other partner protocols π§
Particle will be distributing the first batch of Blast Gold together with our partners The distribution will be proportional to your Particle points on the leaderboard: https://t.co/LUiqtqJKQt More details soon https://t.co/wkrSHQGmwn
Note: Dapps have not distributed Gold yet since they only just received it. It will take time for Dapps to start distributions. Any Gold that users have received already is due to the one-time Gold distribution we made to introduce Blast users to Gold. https://t.co/D9ZL8LspGv
NEW: Blast distributed 10 million Blast Gold to Big Bang Winners and Blast mainnet dapps. https://t.co/4JBAKguNQX
New Updates π¨ We just shipped some new updates to prepare for Blast Gold rewards! β’ Blast Gold notification: There'll be a Blast Gold pop-up notification whenever you play and earn. This will start to show when Gold rewards are live. β’ Blast Point Reward page: Now youβ¦ https://t.co/P5uehSKmRG
We are excited to unveil that @Juice_Finance is using dAPIs to power their permissionless lending protocol on @Blast_L2. π₯ JUICE Finance empowers users with composable leverage, enabling them to maximize their yield & point farming activities within the Blast ecosystem. Byβ¦ https://t.co/S6D26X7z9L
excited to distribute the first round of blast gold this week, right as a lot of great dapps have sprung up