Blur Bidding Pools reach new ATH of $143.51M in TVL

Proponents of the free godly platform have hailed this as a big win for the Blur community, with over 300 million BLUR expected to be distributed in Season 2 airdrops.

The chart below shows the total value (TVL) locked in Blur before and after the token launch. In his two weeks since launch, Blur has more than quadrupled his TVL and holds $143.51 million worth of Ethereum assets on-chain.

Token drops promise a loyalty-based rewards program, and Blur will drop what it calls “Mythical Care Packages” worth 100x the value of uncommon care packs.

The reward for a listing is as big as the reward for a bid. Maximum Listing Points = Listing x Loyalty. , it is also useful to list more active collections, use the listing tool to list by price floor, property floor, and ladder list.”

Blur added that it has set up a protocol for people looking to take advantage of the airdrop.

Dont try to cheat the system. Relisting NFTs at unrealistic prices, sibilling them, or listing dead collections will not help. Listing and bidding are better done from the same wallet. Good.Note: Listing NFTs that Blur doesn’t yet support in other marketplaces (i.e. 1155) doesn’t affect loyalty.”

Buller said the program rewards early adopters and long-term holders of the token, giving an overall boost to those dedicated to seeing the platform grow and compete with its main competitor, OpenSea. I added that it was designed to expand the viability.

The company competes with OpenSea for market share. Statistics show that since February 3rd (before $BLUR launched), the platform has generated more royalty income for creators than any other marketplace.

OpenSea, on the other hand, was recently forced to cut usage fees on its own platform. It’s a long-debated move that some analysts say may represent the biggest, hotly-hyped and viable existential threat to Web3 ever. His NFT Marketplace on the Internet.

The current price is $0.86 per BLUR, 38.08% below the all-time high of $1.38. With a current circulating supply of 395 million BLUR, his net royalty income is his highest in three months.