Blast Points & Gold
BFX will distribute 100% of Blast Points & Gold back to our users. Blast Points & Gold will be distributed based on orders and deposits/staking on the platform.
Blast Gold: The Great Equaliser
If points were the only incentive on Blast, then the current deadlock between projects and their access to the remaining TVL on the Blast Mainnet would not be broken. Blast Gold (to be distributed to teams this week) elegantly solves this issue.
Quick refresher on what Blast Gold is in case you forgot (link)
Despite its many characteristics, Blast Gold has ONE PRIMARY FUNCTION:
Gold’s primary function is to get capital off the sidelines, and into dapps building on Blast.
BLAST USERS CAN GET BLAST GOLD BY INTERACTING WITH BFX. SIMPLY BRIDGING TO BLAST DOES NOT EARN GOLD.
Half of the entire Blast airdrop is reserved for teams building on Blast distributed via Blast Gold, which is much more valuable than Blast Points.
Earning Blast Gold on BFX: A Step-by-Step Guide
75% of Blast Gold will be distributed based on BFX deposits and vault staking
Deposit amount and duration determines the amount of Gold you will receive
The longer your deposit or stake — the more Blast Gold you earn
Withdrawals reduce your Points and Gold earned
The higher your boost, the more you earn
25% of Blast Points and Gold will be distributed to our Blast Gold Liquidity Program
Here’s how you can get awarded the most Blast Gold as a trader:
Placing more orders in the orderbook (bids or asks)
Placing orders closer to the market price
Placing orders in actively traded markets
50% of Blast Gold will be distributed to previous epoch users and 50% of Blast Gold will be distributed to current epoch users.
Liquidations
We know how much liquidations can hurt, and we're here to throw in a golden parachute – because nothing eases the pain like a nice bonus. Got liquidated? Get bonus gold. Because if you're going to go down, you might as well get something in return!
Boosts
You can boost your earnings by inviting friends or trading more. Your boosts do not expire and apply to both Blast Points and Blast Gold earned on BFX.
Referral Boost
Invite friends and earn 16% bonus Blast Points and Gold when your friends earn points, and an additional 8% when their friends earn points.
Tip: Share your referral links with friends to earn 16% bonus Blast Points and Gold when your friends earn points, and an adiditional 8% bonus points when their friends earn points. Your friends also enjoy +16% boost to their points.
Trading Boost
The more you trade, the higher your boost to your points. Boost apply to both Blast Points and Blast Gold.
Trade and level up. You will receive additional boost to all your activities on BFX!
Last updated