🥇Blast Gold

Blast gold is distributed from the Blast team to nftperp and other dApps every 2-3 weeks based on several different criteria. All Blast Gold distributions received by nftperp will be distributed in full over a span of 3-4 weeks. The exact distributions across categories will be detailed on a week-to-week basis, with the spreadsheet above updating.

Gold is being used to incentivize all users on nftperp in a way that promotes the long-term health of nftperp on Blast. The different activities and the order in which they are incentivized are as follows:

Maker Volume - Limit orders earn Blast Gold according to an internal model that is based on three factors: fills, distance to mark price (max 4%), and liquidity uptime. Orders that spend more time within a ±4% range of mark price and get filled are poised to receive the highest Gold rewards.

AMM LPs - Users who provide liquidity to any pairs on Blast will earn Gold based on the fees they earn. This encourages more capital-efficient LP positions that are often in range, to earn the most fees and Gold for your capital. To learn more about providing concentrated liquidity, read here.

Misc. - Various distributions will also be clearly announced before they are to be released along with exact allocations. Some examples may include: Bonuses to Mafia Nuts, trading competitions, bootstrapping new pairs, and more.