Crypto News

Blast L2 Airdrop Countdown Begins: Here’s Everything

The Blast L2 Airdrop is only a week away. The L2's community revealed a statement as the event looms, offering vital insights into the matter.
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Blast L2 Airdrop Countdown Begins: Here’s Everything

Highlights

  • Blast L2 reveals statement spotlighting looming Airdrop in just a week.
  • The post shares insights into vitalities of the Airdrop.
  • Blast has recently emerged as a hot topic, securing the sixth spot in DeFi network rankings.

In a bid to boost optimism, Blast, the Ethereum-layer 2 scaling solution, has recently revealed a post on X, sharing insights into its upcoming Airdrop. Dated today, June 20, the post gained significant traction across the crypto industry as the event is only one week away. Here’s a closer look into Blast’s Airdrop announcement, which glimmers hope for the ecosystem’s future chronicles.

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Blast Airdrop Announcement For Users

According to the Blast community’s post, the Airdrop is scheduled to take place one week after the announcement. All Dapps (decentralized applications) must distribute Gold & Points, a reward program in the ecosystem, to users before June 25 ET. This ensures the inclusion of participants in the Airdrop.

However, Points and Gold must be in users’ EOA (Externally Owned Accounts) to be accounted for. Smart Contracts holding the same will not be eligible for the Airdrop.

Meanwhile, it’s also worth noting that it is essential for users who hold Points or Gold in EOAs to have signed in to the Blast dashboard at least once using that account. On the other hand, embedded wallets such as Privy also need to ensure the linking process for eligibility.

To ensure a safe and secure ecosystem user experience, any suspicious or insider distributions by Dapps will be reviewed while offenders are to be blacklisted from future endeavors. These factors, collectively, have made the Airdrop a hot topic in the crypto town.

Also Read: Bitcoin Unrealized Profits Surge Above 120%, BTC Exchange Volume Tumbles, Signs of Concern?

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More About Blast L2

Notably, CoinGape Media recently reported that Blast secured the sixth spot in DeFi network rankings, per data by DeFiLlama. The L2 has further maintained its positioning, rising to unprecedented heights soon after its inception into the crypto realm. DeFiLama’s data shows that Blast boasts a $2.085 billion TVL (Total Value Locked).

Also, the L2 revealed the previous month that it underwent an upgrade that enabled the support of blobs (Binary Large Objects). This further revolutionizes the ecosystem’s user appeal, allowing binary data storage along with transactional data.

Also Read: XRP Price To Rally 1700% If It Closes At This Level

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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