- On Wednesday at 10 a.m. EDT, early users of the Ethereum Layer 2 scaling network Blast were awarded 17 billion BLAST coins.
- Parsec Finance’s blockchain explorer tool revealed that within the first few hours of the token going live, almost one-third of the airdropped BLAST tokens looked to have been claimed.
In its eagerly awaited maiden airdrop, Blast has distributed 17 billion BLAST tokens to early users on its network.
Around 10 a.m. ET on Wednesday, the Ethereum Layer 2 scaling network dispersed BLAST, according to a post on X by Blast. By the time this article was written, Parsec Finance’s blockchain explorer tool indicated that about 35% of the airdropped tokens had been claimed.
According to CoinGecko data, of the 100 billion BLAST tokens in total supply, the 17 billion BLAST given during the airdrop account for 7% of that amount.
The bulk of the BLAST airdrop, according to Blast’s website, went to users on their network. According to the network’s tokenomics, the amounts of users’ BLAST allocations in the phase-one airdrop were determined by how many Blast Points they had accrued before the event.
According to Blast’s tokenomics study, the company intends to give away 25.5% of BLAST tokens to its main network participants, 16.5% to the network’s investors, and 8% to the Blast Foundation. The remaining 50% of BLAST’s overall supply will be set aside for neighborhood projects.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
