BlastUP Lists Its Native Token, BLASTUP, on Bitget and MEXC
- WBOYOriginal
- 2024-08-21 09:34:10600browse
The listing of BLASTUP on Bitget and MEXC, which coincided with its token generation event (TGE), marks the beginning of BlastUP’s developments planned
BlastUP, the premier launchpad on the Blast blockchain, has announced the listing of its native token, BLASTUP, on Bitget and MEXC, two of the world's most authoritative spot cryptocurrency exchanges.
These listings, which took place on August 20, mark another major milestone for the project, as BLASTUP has also undergone its Token Generation Event (TGE) following a successful presale that raised over $8 million in capital.
In the lead-up to its token debut on large centralized exchanges, BlastUP launched the first season of its token airdrop to reward early supporters.
The details of the BLASTUP listing are as follows:
Both Bitget and MEXC opened BLASTUP/USDT trading on August 20, with withdrawals commencing on August 21.
To celebrate the BLASTUP listing, Bitget also launched a few community engagement activities.
In an exclusive offer that is available until August 30, the platform empowered users to stake their BTC or USDT on the PoolX platform, offering a chance to claim a portion of a 2,285,000 BLASTUP token pool.
Additionally, in Bitget's special community campaign, 300 eligible users who complete any BLASTUP/USDT spot trade will qualify for an additional reward pool of 572,143 BLASTUP tokens.
With BLASTUP going live on Bitget and MEXC, which have a combined user base of over 35 million people worldwide, token holders are likely to benefit from better liquidity and trading volume. Together, these factors make it easier for users to buy and sell BLASTUP at fair market prices.
Another move expected to stabilize price fluctuations is BlastUP's recent token burn, which reduced the total BLASTUP supply by 30%. As the story evolves, BlastUP plans to further increase its market presence, with several DEX listings in the pipeline.
About BlastUP
BlastUP assists early-stage projects with essentials, including tokenomics and documentation, during their launch. To date, it has successfully completed three Initial DEX Offerings (IDOs) – Playtoo, Petobots, and CYBRO – collectively raising $275,000.
With BLASTUP as the backbone of its platform, BlastUP allows users to stake their tokens and gain access to its IDO launchpad. In addition, BLASTUP stakers earn an APR ranging from 6% to 12%, depending on the chosen lock-up period.
BlastUP runs on the Blast blockchain, hence users can also earn native yield on ETH/WETH and USDB through the IDO farming platform and even reinvest that yield to acquire tokens from new projects on the launchpad. The process is fast, easy, and registration-free.
Building on its momentum, BlastUP has introduced the Explosion airdrop. The team is distributing 30,000,000 BLASTUP tokens to eligible holders who have accumulated at least 200 Booster Points, which are central to BlastUP’s community reward initiatives.
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