BlastOff, a trailblazing Yield-based LaunchPad, and Yield Aggregator within the innovative Blast network, announces the market debut of its native cryptocurrency, $OFF, following a resoundingly successful Initial Dex Offering.
Remarkable Milestones of BlastOff:
Recognition for Innovation: The BlastOff platform garnered acclaim, securing the second place at the esteemed Blast Big Bang contest, solidifying its reputation for creative disruption.
Impressive Testnet Results: Demonstrating an astounding $24 million in Total Value Locked during its testnet phase, BlastOff has shown strong user adoption which is anticipated to grow with the release of new, attractive vaults on the mainnet.
Robust Community Support: BlastOff is propelled by a community of over 100,000 enthusiasts spread across various social platforms, establishing a firm foundation of user support.
Solid Collaborations: Enriched with 36 strategic partners within the DeFi space, BlastOff is well-equipped with the essential resources and know-how for further expansion.
IDO Success: The IDO for $OFF tokens sold out completely, showcasing the vibrant participation and trust of the investor community in BlastOff’s promise.
The final countdown is ON and we are in the final preparation stages for launch!
Blast network, the bedrock of BlastOff, is a standout Ethereum Layer 2 solution that enhances upon conventional models by integrating native yield features and automatic compounding. Highlights of the network include:
In-App Compounding: The auto rebasing function allows users to earn compounding interest seamlessly.
Layer 1 Staking Perks: Stakers on the Layer 1 network can enjoy the added benefit of extra yield.
Innovative Yield Streams: The integration with MakerDAO’s T-Bill protocol creates new avenues for yield on Blast’s USDB, the network’s auto-rebasing stablecoin.
Redefining IDOs with YIDOs:
BlastOff’s introduction of Native Yield IDOs marks a revolution in how decentralized funding operates. Stakeholders can now support upcoming blockchain projects by staking
