Blast is the L2 Solution for Ethereum. The main feature of the layer is its ability to earn passive 4% for ETH and 5% for stablecoins annually. Check out our <a href="https://notum.ai/blog/blast-chain-notum">article</a> to learn more about its features.

What is Blast?

Blast Points accrue based on ETH, WETH, USDB, and BLAST (2x Points) holdings. Moreover, Blast distributed Blast Gold to dApps; however, most of the them re-shares Gold with their users. The more Points and Gold an investor will get, the more $BLAST tokens they will receive.

How to get the airdrop?

Paradigm

Standard Crypto 

Blast

Despite USDB does not experience large price fluctuations, it tends to deviate 2-3% from its $1 peg.

USDB depeg

Hold USDB

Points are accrued just for holding assets on the network so the easiest way is to bridge there dollars.<ol><li><a href="https://app.notum.ai/bridge?assetFrom=0x0000000000000000000000000000000000000000&amp;chainIdFrom=42161&amp;assetTo=0x4300000000000000000000000000000000000003&amp;chainIdTo=81457">Bridge</a> ETH and USDB to Blast.</li></ol>

Via Notum

<ol><li>Visit the official <a href="https://blast.io/en/bridge">Blast bridge</a>; <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.40.33.png" width="2738" height="1392"></li><li>Choose ETH and click “Submit”;</li><li>Choose USDT/USDC/DAI and click “Submit”. The token will be converted to USDB.</li></ol>

Via Blast UI

ezETH has a case of depeg from ETH. Invest at your own risk.

ezETH Depeg

ezETH/ETH pool on Ambient

Ambient allows users to earn swap fees and participate in the <a href="https://app.notum.ai/airdrops/aa8eb42d-cba8-415e-83c0-cf4f11b9ce74">Renzo airdrop</a> while earning Blast and Ambient Points as well as Blast Gold.<ol><li><a href="https://app.notum.ai/swap?assetFrom=0x0000000000000000000000000000000000000000&amp;chainIdFrom=81457&amp;assetTo=0x2416092f143378750bb29b79eD961ab195CcEea5&amp;chainIdTo=81457">Buy</a> ezETH on Notum;</li><li>Visit <a href="https://ambient.finance/trade/pool/chain=0x13e31&amp;tokenA=0x0000000000000000000000000000000000000000&amp;tokenB=0x2416092f143378750bb29b79eD961ab195CcEea5">ezETH/ETH pool</a> on Ambient; <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.44.49.png" width="2852" height="1548"></li><li>Choose the proportional amounts of tokens and click “Ambient”; <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.46.42.png" width="744" height="990"></li><li>Click “Deposit” and approve the transaction.</li></ol>

Remember that the funding rate for perpetual contracts can become negative, which means losses are possible.

Funding Rate

Hold $BLAST and hedge on Blitz

$BLAST holders receive 2x boost for their assets but are sensitive to a price of a very volatile token. Hedging allows users to earn funding fees and avoid $BLAST exposure. Additionally, investors will receive Blitz Points and Blast Gold.<ol><li>Deposit $USDB to <a href="https://app.blitz.exchange/perpetuals/BLAST-PERP">Blitz</a>; <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.50.23.png" width="884" height="1208"></li><li><a href="https://app.notum.ai/swap?assetFrom=0x0000000000000000000000000000000000000000&amp;chainIdFrom=81457&amp;assetTo=0xb1a5700fA2358173Fe465e6eA4Ff52E36e88E2ad&amp;chainIdTo=81457">Buy</a> $BLAST on Notum and open short BLAST-PERP position on <a href="https://app.blitz.exchange/perpetuals/BLAST-PERP">Blitz</a> simultaneously. Remember that $BLAST amount and open position on Blitz should have equal sizes. <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.57.20.png" width="1104" height="1196"> <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.53.00.png" width="2874" height="1536"></li></ol>

Derivatives might be a more advanced option, especially for investors-beginners. It's highly recommended to try derivatives trading having experience and understanding of their operational mechanisms.

For experienced users only

YT-WETH on Splice Finance

Splice Finance operates similarly to Pendle, allowing users to buy derivatives, which significantly increases accrual points. YT-WETH, for example, provides investors with a 35x Blast Points multiplier.<ol><li><a href="https://app.notum.ai/swap?assetFrom=0x0000000000000000000000000000000000000000&amp;chainIdFrom=81457&amp;assetTo=0x4300000000000000000000000000000000000004&amp;chainIdTo=81457">Buy</a> WETH;</li><li>Visit WETH <a href="https://app.splice.fi/#/81457/0xeff6adf7b87ea4c35a642a4b7527c9c44cf805f8">market</a> on Splice;</li><li>Click “Maximise Points”; <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-17.59.03.png" width="2418" height="1372"></li><li>Enter the chosen amount of tokens and click “Swap”. <img src="https://storage.googleapis.com/notum-platform/airdrop-strategies/screenshot-20240713-at-18.01.03.png" width="2272" height="1414"></li></ol>

Blast

Quick info

Current TVL

Networks

Networks

Funds raised

Investors

Investors

Pros

Cons

How to Get the Blast Airdrop?

What is Blast?

How to get the airdrop?