BlastOff!! It's NEW
What is?
BlastOff is a revolutionary Idle Yield - launchpad and yield aggregator built on Blast.
It offers a unique combination of features that make it an ideal platform for the Blast network. Via a combination of Blast Native Yield and YZone, we generate maximum yield for our users, YIDOs act as a layer on top to generate even more returns via idle participation in funding new projects on Blast.
Blast is here to stay and growth is inevitable. We believe that contrary to most blockchains, Blast has a core infrastructure difference with built-in utility via native yield that opens up innovation to create a new subset of Native Yield-centric products.
BlastOff has been created to harness the power of Blast, opening up the Blast community to novel variants of even more yield generation through multiple avenues. We will focus on growing a massive community and tailoring our products to win the TVL competition.
The BlastOff team is composed of members responsible for the development and growth of the OG launchpads with the strategic help of multiple legacy players that will help drive our mission forward.
Native Yield IDOs (YIDOs)
BlastOff introduces a groundbreaking concept of zero-risk IDOs. Unlike traditional IDOs where users risk losing their investment if the project fails, BlastOff allocates a portion of the generated yield from staking ETH or stablecoins on the platform to support YIDOs. This ensures that users can participate in IDOs without the risk of losing their investment.
YIDOs are also the first of their kind idle-participation funding protocols that doesn't require the user to do anything other than stake and allocate a portion of their yield to YIDOs. Project tokens automatically get purchased and airdropped back to stakers.
YZone Yield Aggregator
BlastOff's YZone automatically selects the best protocols for yield and auto-compounds returns, eliminating the need for manual intervention. This ensures that users can maximize their yield without the complexities of managing individual investments.
YZone exists to provide a higher Yield than Native Yield options on Blasts. It will also help create larger pools of funding for YIDOs.
$OFF Token and Utility
The $OFF token plays a key role in empowering projects and users on the BlastOff platform. Via $OFF staking and YZone deposits, users can increase their Blast Force. Blast Force is used to unlock many utilities from larger YIDO allocations to lower fees and heavier drops from the $OFF treasury.
YIDO
Native Yield IDOs: A game-changer for the funding space
Native Yield IDOs (YIDOs) are a revolutionary new type of initial decentralized offering (IDO) that combines the traditional concept of IDOs with the innovative concept of native yield. In a nutshell, Native Yield IDOs allow users to participate in IDOs without the risk of losing their investment. This is achieved by allocating a portion of the yield generated from staking ETH or stablecoins on the BlastOff platform to support YIDOs.
This fully automated system creates the first-ever idle IDO earning system. Set it up once and get tokens airdropped to you regularly.
How do Native Yield IDOs work?
Here's a simplified breakdown of how Native Yield IDOs work for regular users:
Stake ETH or stablecoins: Users can stake their ETH or stablecoins on the BlastOff platform directly or through YZone, the platform's yield aggregator. Staking involves locking up your tokens for a specified period to earn yield.
Allocate yield to YIDOs: A portion of the yield generated from staking is automatically allocated to support YIDOs launched on Blastoff. This means that users contribute a portion of their earnings to fund new crypto projects. Users decide what % of future yield they want to allocate towards YIDOs.
Participate in YIDOs: When a YIDO is launched on Blastoff, a portion of the yield automatically gets used in the YIDO. Project tokens then get auto-airdropped during TGE.
Zero-risk investment: The key advantage of Native Yield IDOs is that users are not at risk of losing their investment. Only a portion of future yield is dedicated towards the projects.
TL;DR YIDOs Offer
Zero-risk investment: Unlike traditional IDOs, where users risk losing their investment if the project fails, Native Yield IDOs offer a zero-risk approach.
Passive income generation: Users earn a yield on their staked ETH or stablecoins, even while participating in YIDOs. Forget about FCFS and IDO timing hassles.
Early access to promising projects: Users can invest in promising new crypto projects early on, potentially benefiting from significant price appreciation.
Diversified investment portfolio: Native Yield IDOs provide a way to diversify one's investment portfolio by participating in multiple YIDOs across different sectors of the crypto ecosystem.
YIDOs $OFF Utility
$OFF stakers will get benefits in the form of
Higher allocations for automatic participation in YIDOs
Separate pools for manual participation in YIDOs
Lower fees on Blast Native Staking and YZone
Benefits are distributed based on your Blast Force score, which determines your Tier
ROADMAP
At the moment, Blast has not published complete documentation; as such, we can make changes to the current details of the roadmap. Once complete documentation is live, we will update the Roadmap.
Current Plan:
Q4 2023 - $OFF LBP on ETH, Community Initiatives Launch
Q1 2024 - [If Blast L2 goes live as expected]$OFF migration to BLAST and Staking launch,
Blast Force Score System, Native Blast Yield staking for YIDO, First YIDO.
Q2 2024 - First YZone Vault, Multiple YIDOs
Q3 2024 - Multiple YZone Vaults
Q4 2024 - [Redacted]
Q1 2025 - [Redacted]
Tokenomics ($OFF)
Total Supply: 10M $OFF
Seed Round - 10%: 20% unlock at TGE, 3m cliff, 3m linear vesting.
IDO Launch - 15%: 20% unlock at TGE, 6m linear vesting.
Initial LP & MM - 10%: 30% unlock at THE, 1m linear vesting.
Team - 10%: 3m cliff, 15M linear vesting.
Advisors - 8%: 2m cliff, 12M linear vesting.
Treasury - 5%: deposited directly into the treasury.
Ecosystem rewards - 25%: 0% TGE, 18m linear vesting.
Community incentives - 17%: 0% TGE, 18m linear vesting.
source :
https://docs.blastoff.zone/usdoff
https://twitter.com/blastozone
