{"id":24224,"date":"2024-07-03T11:00:52","date_gmt":"2024-07-03T08:00:52","guid":{"rendered":"https:\/\/coinengineer.io\/?p=24224"},"modified":"2024-07-03T10:33:49","modified_gmt":"2024-07-03T07:33:49","slug":"blast-unveils-phase-2-rewards-10b-tokens-allocated","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/blast-unveils-phase-2-rewards-10b-tokens-allocated\/","title":{"rendered":"Blast Unveils Phase 2 Rewards: 10B Tokens Allocated"},"content":{"rendered":"<p>Details of the phase 2 rewards for users have been revealed by <strong>Blast<\/strong>, an Ethereum Layer 2 network established by NFT marketplace Blur.<\/p>\n<p>With 10 billion tokens allocated, the second round of user rewards\u2014akin to the first round\u2014will be split between <strong>Blast Points and Blast Gold,<\/strong> <a href=\"https:\/\/blog.blast.io\/phase-2-users\/\">according to a blog post<\/a>. <strong>Blast<\/strong> targeted 17 billion tokens for its first-phase incentives beginning this week.<\/p>\n<p><em>&#8220;Phase 2&#8217;s main goals are to support the creation of mobile dapps and incentivize users to use those dapps via the <strong>Blast App<\/strong>,&#8221;<\/em> company wrote in the post.<\/p>\n<p>Five billion <strong>Blast tokens<\/strong>, or half of the second-phase awards, will be put aside for <strong>Blast Points<\/strong>. The project allows users to accumulate these points depending on their ETH, WESH, USDB, and BLAST balances.<\/p>\n<p><strong>Blast Gold<\/strong>, the project claims, will get another half of the prizes. Dapps will get gold depending on their performance on <strong>Blast&#8217;s<\/strong> mainnet and upcoming contests.<\/p>\n<p>The project said, noting that it takes time to construct the initial infrastructure and support dapps in developing new applications on top of that infrastructure, that the phase 2 airdrop is intended to last 12 months. <em>&#8220;The primary purpose of Phase 2 is to support the development of the full-stack chain.&#8221;<\/em><\/p>\n<p>With a circulating quantity of 17.4 billion tokens, The Block&#8217;s price page shows the price of the <strong>Blast<\/strong> token declined 11% during the past 24 hours to $0.019.<\/p>\n<p>Designed by Blur founder Tieshun Roquerre, <strong>Blast<\/strong> went live in early access mode in November 2023. Data from DefiLlama shows that the total value locked on <strong>Blast<\/strong> at the time of writing was $1.36 billion, whereas on June 6, it recorded $2.3 billion.<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Details of the phase 2 rewards for users have been revealed by Blast, an Ethereum Layer 2 network established by NFT marketplace Blur. With 10 billion tokens allocated, the second round of user rewards\u2014akin to the first round\u2014will be split between Blast Points and Blast Gold, according to a blog post. Blast targeted 17 billion<\/p>\n","protected":false},"author":6,"featured_media":23132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3687,7149,4963],"class_list":["post-24224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blast","tag-blast-points","tag-ethereum-layer-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blast Unveils Phase 2 Rewards: 10B Tokens Allocated - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/blast-unveils-phase-2-rewards-10b-tokens-allocated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blast Unveils Phase 2 Rewards: 10B Tokens Allocated - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Details of the phase 2 rewards for users have been revealed by Blast, an Ethereum Layer 2 network established by NFT marketplace Blur. With 10 billion tokens allocated, the second round of user rewards\u2014akin to the first round\u2014will be split between Blast Points and Blast Gold, according to a blog post. 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