Blast Partner Boosts on Brahma Console
Apr 23, 2024
2 mins
Welcome back to another edition of our blog!
This time, we’ll explore our Booster Campaign on Blast, providing users with a recap of all the necessary information to take advantage of our incentives. Ever since launch we have positioned Brahma, as in Console, to be the best way that users can navigate and interact with dApps on Blast.
Using Console is frictionless, users can import their Safe or Metamask and continue operate as they would normally on their wallet, while taking advantage of all Console’s value propositions:
Boost rewards on Blast
Multisig security without compromising on efficiency
Batched Execution of Complex routines in a single transaction
Brahma is the best way that users can take advantage of the Blast airdrop, which will be composed of 50% Gold and 50% of points (Blast documentation):
• Gold is earned by interacting with dApps. dApps are transferred Gold and will the re-distribute it to users with logic chosen by each dApp.
• Points are earned automatically based on ETH/WETH/USDB balance.
Brahma was awarded 63.8k Gold as a winner of the Big Bang Competition (first distribution details). 100% of all received Blast Gold will be distributed to Console users.
How to delegate?
On your Console home click on “Activate Rewards” and delegate your rewards to your chosen EOA.
Through Console, Blast users are able to accrue multiple levels of rewards. Brahma is the first interaction layer for users to interact with Blast in a secure and efficient way, through multisig security and transaction batching.
During the upcoming weeks, we will continue adding new features, such as deploying Sub-Accounts and Policies on Blast, which will allow users to:
Segregate risk across Sub-Accounts with a lower execution threshold than their main Safe
Apply Policies on top of them, defining what each Sub-Account can or cannot do and therefore ensuring trustless delegation.
This will also expand the utility of Console for existing and future treasuries and teams using Console.
In addition to this, we’ll be releasing our PWA, which will allow Console users to sign transactions from mobile.
For this reason, Console is positioned to be the best way to interact with Blast dApps both for individual users, protocols, and funds.
Join Brahma now and start earning boosted Blast rewards: https://brahma.fi/blast
Read more on our Blast Points and Gold on our Blast FAQs here.
How does the Partner Boost work?
Users can earn the boost by holding positions in these protocols and having assets deposited as collateral for trades.
Be mindful: the boost will be calculated on a TVL basis, and not on trading volume. Our distribution will go on until Blast TGE and are be based on Epochs of 72 hours (3 days).
Currently, we have distributed over 34570 Gold, to over 500 addresses. To ensure fairness in the distribution, we are also taking actions to avoid wash trading and reward high-quality transactions.
This is done to encourage users to use Console as they would with their normal wallet and benefit from all its advantages, without them gaming the incentives. Blast.io is currently incompatible with smart contract wallets and therefore users cannot connect their Console directly to the website. Users can check their Blast Points and Gold on the Console homepage and on the rewards page on Console, where they can also set an EOA Wallet (Metamask, Rabby etc) to delegate points to.
Why delegate to an EOA wallet?
To compound Console Gold and Point earnings to an EOA where you have an existing reward balance and multipliers on. If you have multipliers on an EOA wallet, those are not transferred to Console.