Spacebar on Blast! The Comprhensive Guide
Spacebar had already participated in the Blast Big Bang competition, opening doors to engage with Blasts impressive TVL of over $1.7 billion and a user base exceeding 130,000. Lets take a look at the Spacebar on blast guide.
What is Blast?
Blast, a layer 2 solution built on Ethereum, aims to expand its on-chain economy by offering native yields. Within Blast, users enjoy native yields on $ETH and its native stablecoin $USDB, set at 4% and 5% respectively. The brainchild of the Blur team, Blast boasts backing from Paradigm and Standard Crypto.
> Use this Link to Join Spacebar on Blast now! <
How to Engage With Spacebar On Blast?
Spacebar, renowned as an on-chain playground, provides a platform where users engage in games and interactions to earn diverse points. Through the integration of their profile picture (PFP) NFTs, users can craft avatars within the ecosystem and even mint fresh NFTs within the immersive Spacebar gaming universe.
Furthermore, Spacebar incentivizes users for staking ETH within the platform, offering additional rewards. A key highlight of the project is the forthcoming airdrop exclusively for early and actively engaged participants.
In Phase 1, users can:
- Choose a PFP NFT to symbolize their digital persona on Spacebar.
- Acquire a complimentary Blast Protoship NFT.
- Engage in $ETH staking.
- Refer friends to join the excitement.
Engaging with Spacebar on Blast involves users visiting Spacebar, connecting their wallets, and minting a complimentary Blast Protoship NFT. Subsequently, users are prompted to pair this Blast Protoship with an NFT from their collection, with specific NFT collections qualifying users for additional Spacebar points.
- Visit Spacebar and connect your wallet.
- Mint a complimentary Blast Protoship NFT.
- Pair the Blast Protoship with an NFT from your collection.
- Certain NFT collections qualify users for additional Spacebar points.
The journey on Blast commences with the Blast Universe Phase I, coinciding with the Blast Mainnet launch in February 2024. This phase introduces core functionalities such as $ETH Staking. Phase II is slated for a March 2024 release, featuring new functionalities including the partial release of Squares. In April 2024, Phase III unfolds, presenting the full functionality of Squares, enabling users to earn Keys and advance their Squares.
> Use this Link to Join Spacebar on Blast now! <
What are the Squares on Blast?
Squares serve as the cornerstone of Spacebars community-centric Web 3 gaming experience. These member-exclusive communities also serve as physical spaces within Spacebar, fostering interaction among members while providing access to all Spacebar activities.
Squares in Spacebar are ERC-6551 NFTs with the capacity to accumulate assets. Similar to guilds, Squares unite members in pursuit of common objectives, including the collective accumulation of Spacebar and Blast points, keys, and point multipliers.
Phase II introduces the ability for users to create or join Squares, facilitating gaming and socialization within these communities. Within Squares:
Square Leaders act as guild leaders, organizing and nurturing community cohesion, earning boosted Points based on their Squares activity.
Square Members collaborate to level up their Square, expanding its member capacity with each level.
Square Leaders and Members work together to achieve larger Spacebar point multipliers, leading to increased $AIR incentives in the future.
As the collective TVL within Squares grows via $ETH Staking, more Portals unlock, offering Square members:
Expanded gaming options, developed and tested with top esports players.
Access to whitelisted Blast dapps via Blast Mission Portals, offering bonus Spacebar Point multipliers and other Blast dapp Points.
Opportunities to participate in raffles through specialized portals, offering L2 gas fee paybacks from Spacebar smart contracts.
Stake ETH
$ETH Staking on Blast provides users with the highest yields among L2 solutions, offering 4% yields on $ETH and 5% on stablecoins. Spacebar users can stake their $ETH via the intuitive user interface, earning compounded daily yields with zero commissions. Additionally, staking $ETH on Spacebar unlocks additional yield sources through Spacebar and [REDACTED], with Squares pooling $ETH for enhanced Spacebar point multipliers.
> Use this Link to Join Spacebar on Blast now! <
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Read more: https://cryptoticker.io/en/spacebar-on-blast-guide/
Text source: CryptoTicker
