BlastOff Update: A Message to our Polygon Holders

We’re back, and today’s article is tailored to a specific group of people within our community. From the title, it's probably easy to guess who. This message goes out to all current holders of our tokens on Polygon!

Although it’s brilliant that you invested in us during our launch and continue to support the project as we develop and move into the exciting future we are heading towards, we want to ensure you are getting the most out of your investment.

So read on as we recap exactly why holding $OFF and bridging to Blast should be in everyone's best interests!

Holder Benefits

A large percentage of our tokens are still held on Polygon due to our own token IDO being conducted through Seedify. The downside here is that all the fantastic features of holding $OFF only apply when these tokens are on the Blast network.

Of course, you can still sell, but if that’s the only reason you’re holding $OFF to flip it later, you’re missing out on many more opportunities with BlastOff. In truth, it’s shortsighted. The irony of the situation is that the majority of $OFF holders on the Polygon network are active IDO investors who have invested in us through Seedify, which is, as a launchpad, our perfect holder demographic! This further incentivises bridging across to Blast to invest in our pipeline of upcoming IDOs!

Let's revisit the unique features of holding $OFF on Blast and why it's in everyone's best interest. These features are not just benefits but opportunities waiting to be seized.

Staking

First and most importantly, we have the staking features. Our staking platform is live, and you can access it through our website; however, this can only be achieved if your tokens are held on or have been bridged to Blast.

Staking provides variable APR, currently sitting above 250%, and leads to reduced fees, helping you maximise your investment. That’s not all, though; those who have staked gain many more exclusive benefits.

YIDOs

These are the main features of BlastOff and our USP. Everything we have been working towards comes down to this: exclusive, risk-free entry into the projects we launch.

Allocation into these YIDOs is directly tied to staking $OFF, with larger stakers receiving higher allocations. This manual participation allows for greater control and potential returns for investors.

Again, entering these is contingent on staking our tokens on the platform, which you can only do if you hold them on Blast.

YZone

Our yield aggregator enhances the yield you receive from staking on our platform, creating larger returns on your investment and reduced transaction fees—features that only $OFF holders on Blast can enjoy.

Governance

When it comes to Web3, users having their say on the direction of projects is essential. This is what sets us apart from traditional business. Those who participate and support more naturally have a more significant say in these things.

Those who hold larger numbers of our tokens will have a more powerful voice in shaping the direction of the BlastOff ecosystem; however, only holders on Blast will be heard, so if you want to have your say, you must get those tokens over!

Treasury Revenue Share

As we grow, we plan to share our revenue with the community. This will be a significant focus of our project and a cornerstone of our token’s value proposition. However, as you’ve probably guessed by now, you must hold $OFF on Blast to be eligible.

What are We Doing to Help?

Access to all of these exclusive benefits should be more than enough reason to bridge your tokens to Blast. I mean, what’s the point of letting these tokens stay stagnant in your wallet when you could be making them work for you and increasing your investment?

That said, we understand some people still need that extra push. That’s why we’ve added an additional incentive!

For the next three months, we will make 40,000 $OFF available monthly to distribute to those currently holding their tokens on Polygon and make an effort to bridge over to Blast.

For anyone who can’t do the math here, that's thousands of dollars worth of value up for grabs every month just by bridging your tokens and gaining access to the ecosystem.

We’re literally rewarding you for helping yourself!

So, how will the competition work?

• Each month, 40,000 $OFF will be unlocked.
• We will take a snapshot of all users who have bridged between 8 a.m. Monday, July 15th, and 8 a.m. UTC, August 1st. This gives you half a month to bridge to be eligible for the first reward unlock.
• After it closes, 40 users will be selected at random and allocated 1000 $OFF each.
• $OFF will be distributed on Blast and added to the balance you’ve already bridged.

This incentive is both straightforward and potentially highly profitable. Getting involved only takes two minutes, and even winning half of the prize could give you access to our IDOs once you've staked.

Remember, IDOs will only launch on Blast, and we should have our first ready-to-go sooner than you think.

So don’t waste your time. Polygon holders, get those $OFF bridged over to Blast, throw your name in the ring, and start making the most of everything the BlastOff ecosystem has to offer!

What is BlastOff?

BlastOff, built on Blast, is a game-changing platform combining a launchpad and yield aggregator.

It maximises user yields using Blast Native Yield and YZone, plus YIDOs, for extra returns by funding new Blast projects. Unlike other blockchains, Blast's unique infrastructure and native yield potential enable innovative, yield-focused products.

BlastOff taps into this, aiming to grow the Blast community and lead in Total Value Locked (TVL) by developing community-focused products. Our team includes experienced launchpad developers and veteran strategists to propel our mission.

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