LBP Participation FAQs
Please refer to our official Medium article for an overview of the sale.
The FAQ section will be continuously updated!
1. How can I participate in the BladeSwap public sale?
BladeSwap’s public sale will be hosted as a curated LBP on Fjord Foundry, starting from April 24, 06:00 AM UTC and lasting for 72 hours. You can participate by connecting your wallet to Fjord Foundry and purchasing $BLADE tokens directly from the LBP pool on the Blast Mainnet.
2. What are the initial market cap, token price, and hard cap?
The initial market cap and token price for BladeSwap will be determined dynamically during the LBP sale, following a Dutch auction-like mechanism. This method helps establish a fair market value based on total transactions made during the sale period. Specific details such as token price and initial market cap will be calculated post-sale based on the distribution our tokenomics model.
3. How can I bridge ETH to Blast?
You can bridge $ETH to the Blast Mainnet using the official bridge or third-party bridging solutions. Here is the link to the official bridge: Blast Official Bridge.
4. What can I do with $BLADE tokens?
$BLADE can always be locked up or traded for BladeSwap’s governance token, $veBLADE, at a minimum ratio of 1:1. $veBLADE holders can vote on liquidity pools, decide on $BLADE emission distribution, and get shared 100% of the protocol revenue.
5. Is there an airdrop for early users?
Yes, there are two airdrop programs for early users:
Premining points can be farmed until the end of the LBP sale, with rewards claimed from a total 1.5M $veBLADE pool based on your share. Premining rewards will be claimable shortly after the sale concludes.
A snapshot for BladeSwap S1/S2 module holders will be taken at the end of the LBP, determining your allocation from the 0.5M $veBLADE pool based on your module share. Module rewards will be claimable one month after the sale concludes.
6. How is Blast Gold distributed within BladeSwap?
BladeSwap allocates 100% of the Gold assigned by the Blast Foundation directly to users
Liquidity providers
Daily free draw loot boxes will release BladeSwap Season 2 modules on a weekly basis. And these non-tradable modules will be converted into Blast Gold
$veBLADE will also receive part of Gold for their voting activity
7. What are the benefits of registering a referral?
BladeSwap operates its own referral program for LBP sale contributors and participants. Benefits are based on the number of referrals and the amount committed. Participants who register a referral code can also earn a BladeSwap Special Module based on their contribution. For more details, please visit the BladeSwap referral page.
8. What are the future roadmap plans for BladeSwap?
Our roadmap is packed with exciting features! Post-$BLADE token launch, all DEX functionalities such as Vote, Bribe, and Emission will be activated. Integration with Algebra for concentrated liquidity (CL) is also planned, promising more efficient trading and superior fee sharing. Additionally, stealth features optimizing farming on the Blast Mainnet are currently in development!
Last updated