Blast tokenomics
This module provides a detailed overview of the tokenomics of Blast Token. It covers the allocation of BLAST tokens, including community allocation, core contributors, investors, and the Blast Foundation. The module also discusses the tokenomics of the first and second stage airdrops, explaining the mechanisms of Blast Points and Blast Gold.
Token Details
- Code name: BLAST
- Total supply100 billion
- Token address:0xb1a5700fA2358173Fe465e6eA4Ff52E36e88E2ad
Token Allocation
The allocation structure of BLAST token is designed to support various aspects of the ecosystem, ensuring balance and sustainable growth. The total supply is distributed among different categories, with a total of 100 billion BLAST tokens, each category serving its specific purpose.
Community distribution
A total of 50% of the BLAST supply, which is 50 billion tokens, is specifically allocated to the community. This allocation is intended to incentivize users and developers who contribute to the ecosystem. Community tokens are distributed through various incentive activities, with 100% of the distribution going directly to the community. The community allocation will be linearly unlocked from the Token Generation Event (TGE) and the distribution plan will be arranged by the Blast Foundation. This large-scale allocation ensures that the community has a significant stake in the network's success and incentivizes active participation and contribution.
Core contributors
A total of 25.5% of the BLAST supply, which is 25.48 billion tokens, is allocated to core contributors. These tokens will be subject to a four-year lock-up period, with 25% of the tokens unlocking one year after TGE. The remaining tokens will unlock linearly on a monthly basis over the next three years. This allocation ensures the core team's long-term commitment to the platform's success. By linking token release to time, the platform encourages ongoing participation and alignment of interests between the team and the community.
Investor
A total of 16.5% of the BLAST supply, which is 16.52 billion tokens, is allocated to investors. Similar to core contributors, these tokens also undergo a four-year lock-up period. 25% of investor tokens unlock one year after TGE, followed by linear unlocking monthly over the next three years. This structure aligns investors' interests with the long-term growth and stability of the Blast platform, ensuring that investors also participate in the platform's sustained success and growth, and suppressing short-term profit-taking behavior that may lead to ecosystem instability.
Blast Foundation
A total of 8% of the BLAST supply, namely 8 billion tokens, is reserved for the Blast Foundation. This allocation is used for critical infrastructure development and further growth of the Blast ecosystem. Foundation tokens will be linearly unlocked over a four-year period from the TGE date. This reserve provides the Foundation with the necessary resources to address future challenges and opportunities, ensuring the platform's continued development and sustainability.
Tokenomics of Airdropped Tokens: Phase One Distribution
The first stage airdrop is designed to bootstrap initial liquidity and reward early users. Users who transfer ETH or USDB to Blast receive Blast Points and Blast Gold.
Blast Points
7% of the total supply (i.e. 7 billion tokens) is allocated to users bridging ETH or USDB in the first stage. These users earn Blast Points over time based on their balance, thus helping to initiate the initial liquidity of the platform. These points encourage users to keep their assets on the platform, forming a stable and active user base.
Blast Gold
Another 7% (also 7 billion tokens) is allocated to users who have contributed to the success of dApps on the platform. These users receive Blast Gold as further incentive for their contributions. Blast Gold rewards active participation and interaction with the platform ecosystem, fostering a community of users who invest in the platform's success.
Blur Foundation
3% of the total supply (30 billion tokens) is allocated to the Blur Foundation. These tokens are used to distribute to the Blur community, supporting past and future airdrops. This allocation ensures that the Blur community, which plays a crucial role in the platform ecosystem, receives proper rewards and incentives to continue contributing.
Belonging
The top 0.1% of users (approximately 1,000 wallets) will receive a linear allocation of a portion of the airdrop rewards over a period of six months. This allocation is subject to reaching the monthly points threshold based on the activities in the first phase. Detailed information about the allocation process was announced on June 26th. This mechanism ensures that the most active and engaged users are rewarded over time, promoting ongoing interaction with the platform.
Airdrop tokenomics: Phase 2 distribution
In the second phase, based on the success of the first phase, further incentives are provided for users to participate in decentralized application (dApp) development. In this phase, 10 billion BLAST tokens are allocated to continue building the Fullstack Chain. This phase will last for 12 months, ending in June 2025, and will be divided into two main reward categories: Blast Points and Blast Gold.
Blast Points
Users earn Blast points automatically per block based on their ETH, WETH, or USDB balances. These points are reflected in real-time on the user's Blast.io dashboard. To increase points, users can bridge more assets to Blast. Over time, point earnings grow due to Blast's native yields (approximately 4% for ETH/WETH and 5% for USDB). Points continue to be earned based on asset balances, incentivizing users to maintain and increase their holdings on the platform. This system encourages ongoing participation and increased investment from users, fostering a stable and growing user base.
Blast Gold
Decentralized applications (dApps) can earn Blast gold, and the Blast incentive committee manually allocates gold every 2-3 weeks. Gold is intended to serve as an incentive for dApp growth. dApps are expected to distribute 100% of the gold they receive to users and integrate with the Blast Points API to ensure this distribution. This system ensures that rewards are used to drive the growth and development of the Blast ecosystem, encourages dApp developers to actively participate, and aligns their growth strategies with platform goals. This approach not only incentivizes dApp development but also ensures that the benefits of growth are shared with users, promoting a healthy and dynamic ecosystem.
Key point
- Total Supply: The total supply of BLAST is 100 billion tokens, with allocation structure including community, core contributors, investors, and Blast Foundation.
- Community allocation: 50% reserved for community incentives, linear unlock within three years.
- Core Contributors: 25.5% allocation with a four-year lock-up period.
- Investors: allocation of 16.5%, also with a four-year lock-up period.
- Foundation Reserve: 8% reserved for critical infrastructure and growth.
- Tokenomics of Airdropped Tokens: The distribution in the first and second stages aims to promote liquidity and incentivize participation.
Lesson 1:Introduction to the Blast ecosystem
Lesson 2:Blast Airdrop
Lesson 3:How Blast works: main features
Lesson 4:Blast Ecosystem
Lesson 5:Blast Governance
Lesson 6:Blast tokenomics
Lesson 7:Blast's market position and future prospects
Blast tokenomics
This module provides a detailed overview of the tokenomics of Blast Token. It covers the allocation of BLAST tokens, including community allocation, core contributors, investors, and the Blast Foundation. The module also discusses the tokenomics of the first and second stage airdrops, explaining the mechanisms of Blast Points and Blast Gold.
Token Details
- Code name: BLAST
- Total supply100 billion
- Token address:0xb1a5700fA2358173Fe465e6eA4Ff52E36e88E2ad
Token Allocation
The allocation structure of BLAST token is designed to support various aspects of the ecosystem, ensuring balance and sustainable growth. The total supply is distributed among different categories, with a total of 100 billion BLAST tokens, each category serving its specific purpose.
Community distribution
A total of 50% of the BLAST supply, which is 50 billion tokens, is specifically allocated to the community. This allocation is intended to incentivize users and developers who contribute to the ecosystem. Community tokens are distributed through various incentive activities, with 100% of the distribution going directly to the community. The community allocation will be linearly unlocked from the Token Generation Event (TGE) and the distribution plan will be arranged by the Blast Foundation. This large-scale allocation ensures that the community has a significant stake in the network's success and incentivizes active participation and contribution.
Core contributors
A total of 25.5% of the BLAST supply, which is 25.48 billion tokens, is allocated to core contributors. These tokens will be subject to a four-year lock-up period, with 25% of the tokens unlocking one year after TGE. The remaining tokens will unlock linearly on a monthly basis over the next three years. This allocation ensures the core team's long-term commitment to the platform's success. By linking token release to time, the platform encourages ongoing participation and alignment of interests between the team and the community.
Investor
A total of 16.5% of the BLAST supply, which is 16.52 billion tokens, is allocated to investors. Similar to core contributors, these tokens also undergo a four-year lock-up period. 25% of investor tokens unlock one year after TGE, followed by linear unlocking monthly over the next three years. This structure aligns investors' interests with the long-term growth and stability of the Blast platform, ensuring that investors also participate in the platform's sustained success and growth, and suppressing short-term profit-taking behavior that may lead to ecosystem instability.
Blast Foundation
A total of 8% of the BLAST supply, namely 8 billion tokens, is reserved for the Blast Foundation. This allocation is used for critical infrastructure development and further growth of the Blast ecosystem. Foundation tokens will be linearly unlocked over a four-year period from the TGE date. This reserve provides the Foundation with the necessary resources to address future challenges and opportunities, ensuring the platform's continued development and sustainability.
Tokenomics of Airdropped Tokens: Phase One Distribution
The first stage airdrop is designed to bootstrap initial liquidity and reward early users. Users who transfer ETH or USDB to Blast receive Blast Points and Blast Gold.
Blast Points
7% of the total supply (i.e. 7 billion tokens) is allocated to users bridging ETH or USDB in the first stage. These users earn Blast Points over time based on their balance, thus helping to initiate the initial liquidity of the platform. These points encourage users to keep their assets on the platform, forming a stable and active user base.
Blast Gold
Another 7% (also 7 billion tokens) is allocated to users who have contributed to the success of dApps on the platform. These users receive Blast Gold as further incentive for their contributions. Blast Gold rewards active participation and interaction with the platform ecosystem, fostering a community of users who invest in the platform's success.
Blur Foundation
3% of the total supply (30 billion tokens) is allocated to the Blur Foundation. These tokens are used to distribute to the Blur community, supporting past and future airdrops. This allocation ensures that the Blur community, which plays a crucial role in the platform ecosystem, receives proper rewards and incentives to continue contributing.
Belonging
The top 0.1% of users (approximately 1,000 wallets) will receive a linear allocation of a portion of the airdrop rewards over a period of six months. This allocation is subject to reaching the monthly points threshold based on the activities in the first phase. Detailed information about the allocation process was announced on June 26th. This mechanism ensures that the most active and engaged users are rewarded over time, promoting ongoing interaction with the platform.
Airdrop tokenomics: Phase 2 distribution
In the second phase, based on the success of the first phase, further incentives are provided for users to participate in decentralized application (dApp) development. In this phase, 10 billion BLAST tokens are allocated to continue building the Fullstack Chain. This phase will last for 12 months, ending in June 2025, and will be divided into two main reward categories: Blast Points and Blast Gold.
Blast Points
Users earn Blast points automatically per block based on their ETH, WETH, or USDB balances. These points are reflected in real-time on the user's Blast.io dashboard. To increase points, users can bridge more assets to Blast. Over time, point earnings grow due to Blast's native yields (approximately 4% for ETH/WETH and 5% for USDB). Points continue to be earned based on asset balances, incentivizing users to maintain and increase their holdings on the platform. This system encourages ongoing participation and increased investment from users, fostering a stable and growing user base.
Blast Gold
Decentralized applications (dApps) can earn Blast gold, and the Blast incentive committee manually allocates gold every 2-3 weeks. Gold is intended to serve as an incentive for dApp growth. dApps are expected to distribute 100% of the gold they receive to users and integrate with the Blast Points API to ensure this distribution. This system ensures that rewards are used to drive the growth and development of the Blast ecosystem, encourages dApp developers to actively participate, and aligns their growth strategies with platform goals. This approach not only incentivizes dApp development but also ensures that the benefits of growth are shared with users, promoting a healthy and dynamic ecosystem.
Key point
- Total Supply: The total supply of BLAST is 100 billion tokens, with allocation structure including community, core contributors, investors, and Blast Foundation.
- Community allocation: 50% reserved for community incentives, linear unlock within three years.
- Core Contributors: 25.5% allocation with a four-year lock-up period.
- Investors: allocation of 16.5%, also with a four-year lock-up period.
- Foundation Reserve: 8% reserved for critical infrastructure and growth.
- Tokenomics of Airdropped Tokens: The distribution in the first and second stages aims to promote liquidity and incentivize participation.