The Airdrop Will Be 50% Vested

Airdrop News, Pacmoon Dump, D1 Anger, Fantasy Tactics Launch

Welcome to Blast Beat.

If you’re reading this, know that it’s not too late to farm some Blast Gold. 

Nothing in the newsletter or on my Twitter account should be considered financial advice. This is my own opinion and I’m just writing about what I see out there. You are responsible for what you do with your money and crypto.

We’ll run this every day until TGE on June 26th. If it’s too long, just skip to the Action points in yellow.

Notable Numbers

Current Gold Estimate: $7 +/-

Remaining Gold Waves: 0

Jackpots Distributed: 23

Days Until TGE: 6 days

Blast Beat | June 20

Well well. I decided to log off for two days to get some much needed yard work done, and in retrospect it couldn’t have been a worse time for it.

SO MUCH has happened since the Monday newsletter. And I should have known it would be this way; after all, we knew the last few days would be a total frenzy for gold collection.

But my goodness. The hits haven’t stopped. Lets get into it.

In Today’s edition:

  • The Airdrop Will Be 50% Vested

  • Unstake Your Blastin’ Pepes!

  • Pacmoon Launches V3 | Token Tanks

  • District One Angers Community

  • Fantasy Top Tactics Goes Live

  • Last-Minute Farms

The Airdrop Will Be 50% Vested

Many airdrops in crypto come with a vesting requirement; meaning users can’t claim the full allocation of their airdrop right away. Many protocols have put this in place to combat major price dumps and try to retain users.

And now we’re hearing rumors that the same may happen for Blast Gold, and that the airdrop might be up to 50%!

TLDR on Vesting:

  • The contract points to 50% vesting for Gold.

  • It may be weighed based on total airdrop tokens (higher for whales).

  • There’s a Liquidity Oracle which could mean we stake tokens.

  • There’s an ERC-20 Votes option, likely for some form of governance.

  • Supply might be 100B.

Community Reactions:

Action: I think this vesting option will be gamified, as in not-dumping your claim allows you to claim the additional 50% at a later date.

So be ready to make a hard decision next week.

Unstake Your Blastin’ Pepes!

This is a quick one, and you’ll only have about 15 minutes left to do it by the time you read this - unstake your blastin pepe from wasabi ASAP!

The reason? Their reveal is today at 4:20pm ET, and any staked BP will be eligible for withdrawal from the pool.

How that works: If you have your BP + your 1000 tokens staked in Wasabi, your BP is basically “locked” in a pool with other BP NFTs. So when you withdraw, you get a random BP from the pool, rather than the one you locked before the reveal.

So in the off chance you get a very rare BP, you want your assets unstaked so that you don’t lose it in the pool.

Action: If that sounded confusing, that’s ok. Just do it, and then lock it back into Wasabi after reveal if you don’t get a rare.

Pacmoon Launches V3 | Token Tanks

Pacmoon was forced to scramble on its V2 system after Twitter made Likes private - and yesterday they launched V3, which is a hybrid version of V1/V2.

How it works:

  • The Pacmoon account is now validating tweets again for points (they stopped after V1).

  • Validators (holders of 10k+ $PAC) can still validate content tweets, and liking FEWER tweets is encouraged.

  • Otherwise same system.

Mixed Reactions:

  • Many are applauding the Pacmoon team for pivoting so quickly.

  • They just hit 100,000 holders this morning as well, so more people are buying in at this point.

  • Yet the token is down 25% on the news, sitting at about $0.95.

Action: If you’re holding, would be a shame to sell now (unless you need the liquidity). This was an awkward development for the team to pivot around, but its hard to bet against them at this point. No doubt they’ve got plans for TGE.

District One Angers Community

D1, one of the top gold-earning dapps on Blast, unveiled their much-anticipated new platform yesterday, Meme Labs.

The launch was confusing, as it allows anyone to launch a token with a set hard or soft cap and a limited buy-in period, and does away with the previous system of chat room voting.

How the new system works:

  • 133,000 gold goes out every day

  • The gold is allocated to creators + users who fund token launches

  • As a result, all tokens dump as soon as they launch since no gold can be earned that way

Naturally, most KOLs and community members are angry and calling the platform a scam.

Action: Avoid D1 from here on out.

Fantasy Top Tactics Goes Live

This is the biggest thing I missed while away: Tactics by Fantasy Top.

How it works:

  • You buy a ticket for $19.99.

  • You enter a flash “tactic” competition.

  • You choose from a pre-set pool of influencers.

  • You win gold and ETH based on your placing.

Action: Each tactic has filled up within minutes of opening, and I haven’t been able to catch one yet! I think these are fun and a good bet to get in on.

Last-Minute Farms

With so much happening and just a few days for it all to go down, remember that there is still tons of gold to be earned.

Action: I know I said Wolf Game was dead but this tweet from Easy makes me want to dive back in these next few days.

Thanks everyone for reading! Feel free to drop questions and feedback in the comments or on twitter.