💯Blast Points & Blast Gold at Core Markets
Welcome to Core Markets' comprehensive guide on Blast Points and Blast Gold, designed to reward your engagement and support within the Blast ecosystem. Through our seamless integration with Blast's native-yield mechanisms, we offer a streamlined pathway to earn these rewards, enhancing both your trading experience and your contribution to the ecosystem's growth. This guide intends to clarifyclarifies the roles of Blast Points and Blast Gold and details how you can maximize your rewards through active participation on Core Markets.
Note: for all of Blast’s official updates to Blast Points and Blast Gold, please follow Blast’s official communication channels.
Navigating Blast Points and Blast Gold
The Blast ecosystem rewards users and developers with two distinct incentives: Blast Points and Blast Gold. Each incentive serves a unique purpose, enabling various ways to engage with and benefit from the ecosystem.
Understanding Blast Points
Blast Points are awarded for your active engagement within the ecosystem, reflecting your contribution towards enhancing liquidity, platform activity, and overall vibrancy. You can accumulate Blast Points through several means:
Wallet Balance: Automatically earn Points by holding ETH/WETH/USDB in your wallet. Your Points increase over time as your balance grows, thanks to Blast's native yield.
Invites: Boost your Points earnings by inviting new users to Blast! You'll receive additional Points based on the earnings of your invites and their invitees.
Dapp Engagement: Earn Points by using Dapps such as Core Markets within the ecosystem, with earnings based on the total value locked (TVL) you contribute.
Understanding Blast Gold
Blast Gold is allocated to recognize and incentivize substantial contributions to the ecosystem, primarily targeting Dapp growth. The distribution of Blast Gold is managed manually by the Blast incentives committee and is designed to:
Promote Dapp Growth: Encourages Dapps like Core Markets to utilize Blast Gold to drive user engagement and participation, fostering innovation and development.
Multiply Through Invites: Incentivizes users to expand the ecosystem by inviting new participants, who then engage with Dapps and further distribute Gold.
Earning Rewards with Core Markets
At Core Markets, we are committed to redistributing 100% of both Blast Points and Blast Gold to our users, rewarding your active support and participation. The distribution mechanism is intended to be straightforward, ensuring fairness and transparency.
Blast Points
Currently, Points are distributed in two ways on Core Markets:
For Traders: 50% of Points are designated for traders, distributed daily according to each trader's daily volume in relation to the total daily trading volume on Core Markets (subject to staking multipliers CORE Tokenomics V2).
For Stakers: The remaining 50% of Points are allocated to stakers, based on each user's stake in sCORE relative to the total sCORE pool. This ensures a proportional distribution, calculated daily (subject to volume multiplier CORE Tokenomics V2).
This daily calculation and distribution mechanism reflects the latest activities of our users, offering a dynamic and responsive system that promptly rewards engagement.
Blast Gold
Currently, there are two ways to earn Blast Gold on Core Markets: (1) Weekly PnL-Based Distribution, and (2) Daily Jackpot.
Weekly PnL-Based Distribution
A large portion of Core’s Blast Gold will be distributed on a weekly basis. Each week, traders with a positive ‘Weekly PnL’ will receive an amount of Gold relative to the total combined PnL of all traders during a week. All cumulative PnL greater than $0 during the week will be counted towards a trader’s ‘Weekly PnL’.
Currently, the weekly pool is 2,000 Gold. Each weekly period runs from Friday at 12:00AM (EST) to the following Thursday at 11:59PM.
See past winners here.
Daily Jackpot
We recognize that PnL is not the only way to actively support and participate in the growth of Core Markets. As such, we launched a ‘Daily Jackpot,’ where one lucky trader is randomly selected each day to receive ~100 Gold!
To qualify, a trader must trade at least $1,000 in notional volume based on the close price of all positions within a day. The Daily Jackpot window opens at 12:00AM (EST) and closes at 11:59PM (EST) every day.
Staking Multipliers
By staking $CORE, users are able to earn up to a 3X multiplier on their PnL counted towards weekly Gold distributions. Staking multipliers are tiered:
Tier 1: No CORE staked
Earn 1x PnL multiplier towards Blast Gold.
Tier 2: 25,000 CORE staked
Earn 2x PnL multiplier towards Blast Gold.
Tier 3: 50,000 CORE staked
Earn 3x PnL multiplier towards Blast Gold.
In addition to multipliers, staking $CORE also earns users ‘real yield’ in the form of $USDB and $CORE emissions!
Disclaimer: Please be advised that the distribution methods and amounts of Blast Gold, Blast Points, and CORE rewards are subject to change. Our protocol is continuously evolving, and adjustments may be made to ensure the best experience for our users.
To stay informed about the latest news, updates, and any changes, we encourage you to:
Join our Discord community.
Follow us on Twitter.
Subscribe to our Medium blog.
Staying connected through these channels will help ensure you are always up to date with the most current information.
Maximizing Your Engagement
By engaging with Core Markets, you not only enhance your trading and staking experiences but also significantly contribute to the vibrancy and growth of the Blast ecosystem. This guide serves as your roadmap to understanding and maximizing the rewards available through your participation, ensuring a thriving community where innovation and contribution are continuously rewarded.
Welcome to Core Markets — your gateway to maximizing rewards within the Blast ecosystem.
Note: Core's Blast Points Operator Address is linked to SYMMIO's liquidity and settlement contracts. As a result, it is shared with other front-ends on Blast, such as IntentX. However, Core Markets is committed to ensuring that all developer allocations received will be exclusively distributed to Core's users. Furthermore, the distribution of additional rewards will be determined by calculating the combined weight of Total Value Locked (TVL) and trading volume in relation to points for each Dapp. This method guarantees a fair and transparent process for distributing Points and Gold.
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