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In a bid to boost optimism, Blast, the Ethereum-<a href="https://coingape.com/education/whats-layer-1-layer-2-and-layer-3-in-blockchain-key-differences-with-examples/" target="_blank" rel="noopener noreferrer nofollow">layer 2</a> scaling solution, has recently revealed a post on X, sharing insights into its upcoming <a href="https://coingape.com/glossary/airdrop/" target="_blank" rel="noopener noreferrer nofollow">Airdrop</a>. 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.
<h2 id="blast-airdrop-announcement-for-users">Blast Airdrop Announcement For Users</h2>
According to the Blast community’s post, the Airdrop is scheduled to take place one week after the announcement. All <a href="https://coingape.com/glossary/decentralized-applications-dapps/" target="_blank" rel="noopener noreferrer nofollow">Dapps (decentralized applications)</a> must distribute Gold &amp; 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: <a href="https://coingape.com/bitcoin-unrealized-profits-surge-above-120-btc-exchange-volume-tumbles-signs-of-concern/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Unrealized Profits Surge Above 120%, BTC Exchange Volume Tumbles, Signs of Concern?</a>
<h2 id="more-about-blast-l2">More About Blast L2</h2>
Notably, CoinGape Media recently reported that <a href="https://coingape.com/blast-blockchain-secures-sixth-spot-in-defi-network-rankings/" target="_blank" rel="noopener noreferrer nofollow">Blast secured the sixth spot</a> 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: <a href="https://coingape.com/xrp-price-to-rally-1700-if-it-closes-at-this-level/" target="_blank" rel="noopener noreferrer nofollow">XRP Price To Rally 1700% If It Closes At This Level</a>
The post <a href="https://coingape.com/blast-l2-airdrop-countdown-begins-heres-everything/" rel="noopener noreferrer nofollow">Blast L2 Airdrop Countdown Begins: Here’s Everything</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Blast L2 Airdrop Countdown Begins: Here’s Everything

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