🏆TLDR: Blasting Thru Docs
The Essentials You Need to Know Before Having a Blast!
Value Prop
Blastex is a disruptive Ethereum staking protocol that leverages the Blast native ETH yield, gas sharing, and Blast Points to lead the passive income revolution along with its community. Make your ETH work for you on multiple levels while farming Blast Points yields and Blast Points.
Engage for Even More Blast Points
Use your high ETH yields on Blastex to boost your Blast Points allocation.
Blastex explicitly commits to sharing all Blast Points the platform generates.
Gas Fee Sharing
Blastex allocates all Blast gas fees from user activities to its community, as defined and verified in the protocol’s code.
Native Yield Sharing
Blastex allocates all Blast native ETH yields on Ethereum within the protocol to its community, as defined and verified in the protocol’s code.
Key Takeaways
Enhanced Bonding Mechanisms Secure and sustainable investment opportunities through unique Bonding and Liquidity Staking strategies.
Yield-Bearing Treasury Lock in ETH for additional rewards, supporting the stability of both Blastex and Blast.
Transparency & Growth Committed to open communication for trust and scalability.
Liquidity & Price Management Community-driven liquidity within the Blastex smart contracts ensures efficient market operations.
Decentralized Governance Blastex aims to become a community-governed protocol, transitioning from developer-led to stakeholder-led when the time is right.
BLASTX Technical Specs
Ticker: BLASTX
Network: Blast
Token Standard: ERC-20
Bond Pair: BLASTX-ETH
Bonding Mechanics: 30, 20, 10, and 5-day Deferred Token Purchase Plans
Blastex Smart Contracts
Security Audit
SpyWolf
Passed ✅ Audit Report
BLASTX Bonding
Bonding Refers to a deferred purchase of BLASTX with ETH. These tokens are locked for a period you choose, adding a time aspect to your investment strategy.
Min. Bonding amount is just 0.001 ETH.
Maturity Once the lock-in ends, you get rewards on the ETH invested:
+30% after 30 days
+20% after 20 days
+10% after 10 days
+5% after 5 days
BLASTX Liquidity Staking
The Liquidity Staking system lets you stake BLASTX tokens from Bonds, including both available and future tokens based on lock-in time. You need to match your Bond with an equal ETH amount to stake.
Example: If you have a 1 ETH Bond, you need to add another 1 ETH. This collective approach increases the pool’s size and value.
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% to your daily yield for every 1 ETH you add, rewarding your liquidity contribution. Capped at 1%.
Liquidity Bonus Adds another 0.1% to your daily yield for every 25 ETH in the Blastex liquidity pool, encouraging more liquidity. Capped at 100%.
Example: At 100 ETH TVL, the Liquidity Bonus will add 1% to your daily yield. At 250,000 ETH TVL –100%.
Maximum Profit: Earnings stop at 150% of the original value to prevent imbalance and speculative excess.
Incentive Program
Boost your earnings further with the Blastex Incentive Program rewards that you can increase depending on your activity.
Incentives on Blastex are implemented through referral mechanics and start at a 5% reward rate for LVL 1, going up to 20% at LVL 8 as you and your referrals contribute more to the protocol TVL. This tier system fairly distributes rewards and prevents misuse by carefully calculating the reward differences between user levels.
Disclaimer
The Blastex content is not financial advice. Engage with our products at your own risk, and perform due diligence. There’s no performance guarantee.
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