The Great Blast Pyramid

What do you need to know about points in Blast?

So, points can be farmed simply for holding ETH, WETH, and USDB in the Blast network. The more you hold on balance, the more points will drip, which, by the way, will be credited every block.

Also, points can be farmed for interacting with various dApps, and their amount depends on the TVL of the protocols themselves. By the way, the distribution of points will be carried out by the projects themselves.

Points will also be credited for referrals. The system is two-level: 16% from your refs’ points and 8% from the points of those invited by your refs.

Also, a multiplier system was introduced. There will be 12 of them, which will be unlocked in fours: March 13, April 1, and May 1. Plus, they throw a x10 boost to points for early use of Blast before the mainnet.

In addition to all this, they introduced another type of points: Blast Gold. Essentially, the mechanics of farming Gold are the same as with regular points, except for holding tokens. Gold will sprinkle for interacting with protocols and for inviting referrals with the same percentages: 16% and 8% respectively.

50% of the future drop is allocated for both Blast Points and Blast Gold, so it makes sense to farm both. You can read more in the article at the link.

What now?

If you did not participate in Early Access, you can still bring into mainnet through the bridge and participate in this FOMO SAPIENS festival.

To do this, follow the link and enter one of the codes: IZ8CG, MW7V0, 053IA, F77O8, 4ON9D, YHHJ9, HTA6S, G1ODL.

Now we’re in the mainnet. After transferring assets, you will still receive points. Here comes into play a new mechanic, aimed at maximizing user engagement — the multiplier system.

How does this system work?

Points(50% drop on them):
1. You have a basic points counter, which depends on your balance of ETH/WETH/USDB. This is all displayed on the dashboard.
2. You also receive a part of the points from your referrals 16% and 8% for the 1st and 2nd level respectively.
3. Applications (dapps) on Blast also distribute Blast points, but they must integrate the Blast Points API. The list of applications

Multiplier:

You need to interact again with approved applications from the list. You can get a multiplier up to x12. Note: you don’t necessarily have to spend $$$ to get a multiplier, just a transaction interaction with the application contract. Whales have no advantage here.

Gold(and 50% drop for it):

1. Gold is intended for applications operating on Blast. It is not distributed automatically, unlike points, but manually by the Blast team.
2. Applications that received gold for distribution are all listed in the same list.
3. Applications distribute 100% of the gold among users. This is a system for encouraging the use of applications on Blast.
4. The ref system is also applicable to gold. 16% and 8%.

What do we have?

Obviously, we need to max out the multiplier.
We’re exploring applications, some are already distributing drops.
Some are just planning to.
In general, a huge space for action.

Interesting in the list of applications is SynFutures — an old project, collected a lot of money from top funds. Futures garbage.
Judging by the TVL, few people have figured it out at all yet. They are already distributing drops to GMX, dYdX traders, etc.

I’ll be minting NFTs too. I have a few WLs. They also won in Big Bang.

Also charged they also won in big bang and launched their point system. Shouldn’t be skipped either.

I’ll be looking at the rest. That’s it for now