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About Blastex
What Is Blastex
Blastex is a forward-thinking Ethereum staking protocol that leverages the best perks of the Blast layer 2 network, such as its native ETH yield, gas sharing, and Blast Points. This positions its community at the forefront of blockchain-native yield and passive income farming during this bull run.
Multiply your ETH portfolio while enjoying Blast‘s native yield on your Ethereum, as well as earning additional Blast Points. A true win-win-win opportunity!
Blast Points for All Engagement
Blastex explicitly commits to sharing 100% of the Blast Points it generates with its community.
Take advantage of outsized ETH yields on Blastex to enhance your lucrative journey with a boosted allocation of Blast Points.
Stay active and engage as much as possible to earn more Blast Points and a bigger Blast Community Airdrop Allocation.
Gas Fee Sharing
Blastex distributes 100% of the shared Blast gas fees generated by user activity within the protocol to its community. These mechanics are enshrined in the code and confirmed by audits.
Native Yield Sharing
Blastex also distributes 100% of Blast‘s native ETH yield on all Ethereum deposited or locked in the protocol to its community, ensuring transparency and fairness.
Faster, Better, Blaster
Proven Bonding, ReBonding, and Liquidity Staking Mechanisms: Improved
Through innovative bonding and liquidity provision methods, the BLASTX token offers secure and sustainable capital investment opportunities with income-generation potential.
Yield-Bearing Treasury
Contribute ETH to the Blastex ecosystem to earn additional rewards while ensuring the stability and sustainability of both Blastex and Blast.
Efficient Liquidity Management & Price Regulation
Liquidity is managed exclusively within the secure Blastex and Thruster smart contracts, fully autonomous and contingent on the collective actions of the Blastex community.
Transparency & Adjustability
The Blastex development team actively communicates with the community, fostering trust and adaptability for a resilient passive ETH yield generation suite.
The BLASTX token powers our decentralized ecosystem, providing valuable utilities. As a BLASTX user, you can access a robust suite of passive income generation tools built on Blast, leveraging its innovations.
Bonding Mechanism
Vesting Time
The Bonding mechanism enforces a 5 to 30-day commitment period during which BLASTX tokens are locked in a Bonding contract.
Bonding Rewards
After the Bonding period, you receive your initial bonded funds plus an extra 5% to 30% in BLASTX, incentivizing active participation.
Utilizing Bonds in Liquidity Staking
Post-bonding, you can leverage your bonded funds in Liquidity Staking, contributing to token liquidity and stability.
The minimum Bonding amount is 0.001 ETH.
Liquidity Provision Mechanism
Liquidity Staking
This mechanism enables users to provide liquidity for the BLASTX token using bonded funds, enhancing its market presence. Participants must match their bond with an equal ETH amount to qualify.
Sustainable Profit Cap
Liquidity Staking profit is capped at 150% to maintain ecosystem stability and prevent excessive speculation.
Daily Yield Rate
Yield varies daily based on total liquidity, individual contribution, and duration of non-claiming or selling, promoting strategic engagement.
- Base Yield: BLASTX stakers start with a daily yield of 1%.
- Hold Bonus: Earn an extra 0.05% if you don’t claim or sell for 36 hours (capped at 2%).
- Personal Bonus: Get 0.1% added to your daily yield for every 1 ETH you contribute (capped at 1%).
- Liquidity Bonus: Gain an additional 0.1% for every 25 ETH in the Blastex liquidity pool (capped at 100%).
Longevity & Scalability
The Bonding and Liquidity Staking mechanisms encourage long-term participation, supporting token stability, market liquidity, and a sustainable economic framework.
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