How To Get Blast Invite Code - Guide on Blast Airdrop

Joining the Blast Airdrop: A Step-by-Step Guide

1. Obtain Blast invitation code Link:
   • Visit the official Blast website using a PC.
   • Use an invite code link like the following examples:
     • KF3V1
     • W256U

2. Link Your Wallet:

   Connect your primary wallet, such as Metamask, to the official Blast website.

3. Bridge ETH to Blast:

   Transfer ETH from the Ethereum mainnet to Blast. At the time of the bridge, gas fees were $5, totaling $10.

4. Bonus and Referrals:

   Earn a +16% bonus when your referrals accumulate points, with an additional +8% for their referrals.

5. Lottery Wheel and Milestones:

   Engage in tasks like tweeting and reach specific milestones to spin the lottery wheel, presenting additional opportunities for rewards.

6. Check Eligibility and Claim Points:

   Connect your wallet to the official website and verify your eligibility. Points earned during the Airdrop can be redeemed in May.

What Is Blast?

Blast, the revolutionary Ethereum Layer 2 (L2) network, has taken the crypto community by storm, attracting over $30 million in investment just hours after its recent launch. What sets Blast apart is its unique native yield for both ETH and stablecoins, addressing the longstanding issue of depreciating asset values on other L2s. In this guide, we'll walk you through the steps on how to secure a coveted Blast invite and participate in the ongoing Blast Airdrop.

Why Blast? Understanding the Basics

Blast's appeal lies in its commitment to providing users with a sustainable yield. Unlike traditional L2s with a risk-free rate of 0%, Blast offers an impressive 4% yield on ETH and a generous 5% yield on stablecoins. This forward-thinking approach stems from its design as an EVM-compatible, optimistic rollup that aims to elevate the baseline yield for both users and developers without compromising the crypto-native experience.

How Blast Works: A Quick Recap

To fully grasp the Blast ecosystem, it's crucial to understand its core functionalities:

• Auto-rebasing: Transactions on Blast occur in ETH, and the platform is uniquely designed so that ETH itself undergoes native rebasing on the L2.

• L1 Staking: The recent Ethereum Shanghai upgrade paved the way for Blast, enabling the automatic transfer of ETH yield from L1 staking (initially Lido) to users through the process of rebasing ETH on the L2.

• T-Bill Yield: Users bridging stablecoins receive USDB, Blast’s auto-rebasing stablecoin, with yield sourced from MakerDAO’s on-chain T-Bill protocol.

Stay Updated on Blast: Recent Developments

Recent reports indicate substantial community interest in Blast, driven by the reputation of "Pacman," the founder of Blur NFT Marketplace. The project has garnered $20 million in funding from prominent investors, including Paradigm, Standard Crypto, eGirl Capital, and Andrew Kang.

Conclusion

Participating in the Blast Airdrop is an exciting opportunity to be part of a revolutionary Ethereum Layer 2 network that addresses the critical issue of stagnant yields. Follow this guide, secure your invite, and join the Blast community in reshaping the landscape of decentralized finance.