Blast announced its token economic model. The model outlines a total supply of 100 billion tokens, of which a significant 50% is reserved for airdrops to the community.
The first airdrop will distribute 17 billion tokens, representing a significant infusion of capital into the community. The remaining tokens will be allocated as follows: 25.5% to main participants, 16.5% to investors and 8% to the Blast Foundation as a reserve fund.
In an exciting development, the airdrop is scheduled to take place tomorrow.
While the total supply is set at 100 billion tokens, the entire initial supply of 17 billion tokens will go to the community. As an important note for investors, the top 1000 wallets will have a 6-month linear vesting period.
The distribution will be as follows:
- 7% for Gold farmers
- Points to farmers: 7%
- 3% for those who stake on Blur
The Blast token is currently valued at $0.03 in pre-launch markets, indicating that initial interest is strong. Token demand will begin today, June 26, at 17:00 (UTC+3).
According to cryptocurrency data tracker DeFiLlama, Blast has over $1.67 billion in total value locked.
*This is not investment advice.
