πͺBlast Points
Insrt is distributing all its Blast Points allocation back to users of the dapp.
What are Blast Points?
Blast Points are earned automatically by EOAs (Externally Owned Accounts) and smart contracts based on their balance of ETH, WETH, and USDB. They are distributed every block and are aimed at rewarding liquidity. Once smart contracts receive these points, they are encouraged to redistribute them back to their users according to their own internal metrics. This redistribution is facilitated through the Blast Points API.
Earning Blast Points with Insrt
Snapshot Distribution: A snapshot was taken on 3rd of March, 2024 that captured all Mint attempts conducted by users from the launch of Insrt on Blast up to the date of the snapshot. Points from this snapshot have been distributed on the 3rd of March, 2024, with a users' allocation being determined by their total minting volume in proportion to the total volume that was spent on minting.
$MINT Holdings Distribution: After the snapshot, Blast Points are distributed hourly to $MINT holders. The amount of Points you receive is proportionate to your share of the total $MINT supply.
100% of points that Insrt receives are passed on to $MINT holders.
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