Blast mainnet is officially launched! Blast Incentive Competition Champion Group Project Inventory Sharing | TrendX Research Institute

According to official news, the Blast mainnet, a newly launched automatic interest-generating Layer 2 network by Pacman, the new generation of "economic model master" and founder of Blur, was officially launched at 5:00 on March 1, Beijing time. This is one of the focuses of much attention from the end of February to the beginning of March. At present, Blast’s popularity and attention have exceeded that of any other L2 network.

Let’s talk through data and experience the rapidly growing behemoth of Blast - just a few days after it was launched in November last year, Blast’s TVL quickly exceeded 500 million US dollars, and then in about 2 months It has successfully absorbed a total of 1.3 billion US dollars of TVL and more than 100,000 users. As of February 29, DeBank data shows that the Blast contract address currently holds assets worth approximately US$2.33 billion. Among them, ETH worth approximately US$2.1 billion is deposited in the Lido protocol, US$170 million in assets are deposited in the Maker protocol, and the assets in the wallet are approximately US$26.11 million.

1. Blast first relied on the background of the founder to gain curiosity and attention in the early stages of the project, and successfully debuted.

2. In order to further enhance our competitiveness, we plan to use automatic interest-generating L2 technology to attract more users to join. Before the mainnet is launched, we will publicly inform users that they can obtain the corresponding ETH staking income and stablecoin interest by depositing assets. This initiative will attract a large number of cryptocurrency users to participate, and we also plan to launch a points-for-airdrop campaign, which will further stimulate user interest.

3. Before the mainnet is launched, it is planned to launch a test network and Big Bang incentive plan to attract the participation of major project parties and developers to further develop and improve the network ecology. This move not only prepares for the official launch of the mainnet, but also achieves the integrity and diversity of the ecosystem, adding more diverse content to it.

4. These successful operating strategies have been polished step by step to ensure that there are both users and projects when the mainnet is launched. It seems that a stable ecosystem has been built and is ready to be launched at any time.

Preliminary testnet and incentive plan

Blast launched the one-month Big Bang incentive plan on January 17, which attracted widespread attention. The program aims to incentivize developers to actively participate in its ecosystem and promote the construction of applications. The competition will be conducted according to certain rules, and the winning project will receive the airdrop reward promised by Blast, which will account for 50% of the total token supply. This initiative aims to stimulate innovation and promote the development of the ecosystem.

As shown in the picture, Blast’s short reward this time is simple and crude. It is all Blast airdrops, half of which will be given to the developers of the winning projects and mainnet applications, and the other half It will be given to users who deposit liquidity on Blast. This direct and clear incentive method is very attractive to both developers and users. For project parties, the cost of participating in the competition is low, the threshold is relatively low, and the Blast network already has a certain size of user groups. , is the new L2 initial launch, and can also obtain the most important short reward (financial support). In addition, the types of projects supported by this Big Bang competition are very diverse, and major project teams have all planned to join the Blast track.

Through this competition, we quickly enriched and completed the projects on the Blast network on the eve of the mainnet launch, injecting a powerful booster into the vigorous development of the network ecology. The greater significance of this event is to shape Blast itself into an L2 with its own Launchpad attribute, which will have a profound impact on the future.

According to the competition results, BIGBANG has screened out a total of 118 potential projects in this round, including 47 Winners projects, 31 Runner-Ups projects and 40 Honorables projects, involving project types such as DeFi/NFT/Social/Game/ 8 major categories including infrastructure.

图片来源：深潮 TechFlow

In order to help everyone further understand the rapidly developing Blast ecosystem, and at the same time help everyone select more valuable investment projects from the massive Blast ecological projects, TrendX will be based on the above The list of winners introduces and analyzes the following Winners group projects based on project positioning, financing history, airdrop distribution mechanism and other factors.

Blast ecological project sharing

1.Ambient Finance

Financing history: In July 2023, Ambient Finance completed a seed round of financing of US$6.5 million, led by BlockTower Capital. Before the seed round, it received financial support from PostiveSum and Motivate in the Pre-Seed round. The specific amount was not disclosed.

Developer airdrop share allocation mechanism: Not disclosed yet

Introduction: Ambient Finance’s predecessor is CrocSwap, which is an improved AMM protocol. Its characteristics The reason is that it can uniformly support centralized liquidity market making, full-scale liquidity market making, and on-chain price orders in a single liquidity pool. Ambient is a singleton contract that supports hooks, dynamic fees, automatic compounding, and gas fee savings.

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