The million-dollar question:
Where should we deploy our assets to maximize rewards on Blast?
How you spend your time and resources can change whether you multiply your balances to simply collecting a paltry yield.
The clear priorities are:
1. Maximize upside vs capital invested
2. Increase baseline yield (floor of returns)
3. Isolate risk - don't lose the precious ETH you have collected
Day 1:
@OrbitLending - By launching a liquid token immediately, it will be easier to compound yield farming Orbit vs. other protocols.
As a hackathon winner, they likely will have high baseline Blast gold allocated, and they will also funnel 100% of the dev airdrop towards users.
It's also a simple Compound V2 fork with minimal changes. Lower smart contract risk and no IL risk. Bad debt risk should be low as long as only majors are lent/borrowed.
@ThrusterFi @RingProtocol - Main spot DEXs. High upside if tokens end up at a high FDV, and will also likely have high baseline yield passing through 100% of the dev airdrop.
LPs will likely be rewarded the most, so there is some IL risk. More optimal if you can manage your positions closely.
app.thruster.finance/ref/MAN…
@YOLO_Blast - Seems like they have captured an early lead in GambleFi with strong backing and team. Upside is high from Blast passthrough YOLO tokens gambling gains, but you must gamble your principal.
yologames.io/?code=BLAST
Available in a week:
@_munchables_ - high baseline yield from the 100% passthrough of Blast dev airdrop. High upside from free NFT mints, future MUNCH tokens. No IL/LP/bad debt risk because it's just single-sided staking.
Perp DEXs:
@tradeonblitz @SynFuturesDefi
Blitz =
@vertex_protocol, which means verified team and likely a high baseline yield with less tail risk. Upside is probably limited if you can't do a lot of volume. Incentivization will also probably be close to market given VRTX is a liquid token with a defined FDV.
SynFutures has very strong backing and therefore the token will launch at a respectable FDV. If you can do a lot of volume, probably high baseline yield though LP risk is non-trivial.
Let us know if we missed anything in the comments, and feel free to share your favorite protocol!
Note: We are investors in Blast and have positions in a few of the protocols mentioned above.
The Blast Mainnet is NOW LIVE
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