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How to Participate in the Blast Airdrop and Earn free tokens

Published: 26.04.2024Author: CoinFactory

Participating in the Blast airdrop can be an exciting opportunity to earn Points and Gold for free. In this post we will tell you more about the airdrop requirements and provide a step-by-step guide on how to participate in it.

 

Step 1: Understand What Blast Is

Before participating in the airdrop, it’s important to understand what Blast is. Blast is a new Ethereum L2 network that includes native yield for ETH and stablecoins. This means that by holding ETH or stablecoins in the Blast network, you will automatically be rewarded to your wallet. The default interest rate on Blast is 4% for ETH and 5% for stablecoins.

 

Step 2: Meet the Requirements

As most other airdrops the Blast Airdrop also has certain requirements participants must meet to be eligible for rewards. These requirements include:

1. Having a Supported Wallet: Ensure you have a cryptocurrency wallet that supports the ERC-20 tokens and Blast network. Common options include MetaMask, Trust Wallet, MyEtherWallet, and others.

Also, do not forget to add Blast network to the chain list of your wallet. You can do it easily here: Add Blast to you wallet.

2. Hold ETH or Certain Stablecoins on Blast Network: To start receiving Points from Blast you must have any amount of ETH/WETH/USDB on your balance. There are several ways to transfer ETH to Blast network:

  • Using Blast Bridge (high gas fee) β€” this bridge allows you to transfer ETH or tokens from the main Ethereum network to the Blast network.
  • Using L2 bridge (low gas fee) β€” this method is much cheaper and will be useful to those who have ETH in other L2 networks or who can withdraw it from centralized exchanges to a network like Arbitrum. Then, you can use this bridge to convert it into the Blast network: https://www.orbiter.finance/.

 

Step 3: Register for the Airdrop

Navigate to the official airdrop page using this link and connect your wallet. If the platform asks you to enter invite code, use this one: 795CF.

 

 

Once your wallet is connected your rewards will be estimated automatically. Your wallet will earn Points automatically every block based on your ETH/WETH/USDB balance.

 

 

Step 4: How to Earn More Points

There are several ways to multiply Blast points:

1. Increase the ETH/WETH/USDB balance. The more cryptocurrency you have on the balance of your registered wallet the more points you will earn per hour.

2. Invite friends to Blast airdrop. There are two levels of the Blast referral system. You will earn +16% from first level invites and +8% from the second level ones. The more your invites hold in Blast, the more you earn!

 

 

Your referral link will be on the β€œInvites” tab.

 

 

3. Earn Multipliers. There are multipliers that increase the speed of points accrual, as well as instantly multiply the balance of your points by a certain rate. To earn multipliers, you need to complete tasks. Go to the Multipliers tab and select one of the available multipliers. Then, you will see the list of available DApps. To complete a task, select any DApp and perform any action on it, for example, make a swap for a pair ETH/USDB for $1–2 USDB.

 

 

Step 5: Stay Secure

Be cautious of scams and phishing attempts related to the Blast airdrop. Only interact with official websites and channels and never share your private keys or sensitive information with anyone claiming to be associated with the airdrop.

By following these steps, you can effectively participate in the Blast airdrop and earn free tokens. Remember to conduct thorough research and exercise caution to ensure a safe and rewarding experience. Good luck! πŸŽ‰

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