{"id":397207,"date":"2024-06-04T19:00:17","date_gmt":"2024-06-04T13:30:17","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=397207"},"modified":"2024-06-04T18:56:57","modified_gmt":"2024-06-04T13:26:57","slug":"blastoff-prepares-for-off-token-listing-following-sold-out-ido","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/blastoff-prepares-for-off-token-listing-following-sold-out-ido\/","title":{"rendered":"BlastOff Prepares for $OFF Token Listing Following Sold-Out IDO"},"content":{"rendered":"<p>BlastOff<span style=\"font-weight: 400;\">, an innovative native Yield-based LaunchPad and Yield Aggregator on the Blast network is set to list its native token, $OFF, following a successful Initial Dex Offering (IDO).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key Achievements of BlastOff:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Award-Winning Innovation:<\/b><span style=\"font-weight: 400;\"> BlastOff&#8217;s concept secured a runner-up position in the prestigious Blast Big Bang event, highlighting its innovative approach.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong Testnet Performance:<\/b><span style=\"font-weight: 400;\"> With $24 million in Total Value Locked (TVL) on the testnet, BlastOff demonstrated impressive user engagement, and the launch of more lucrative vaults on mainnet should see this performance be matched and hopefully surpassed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Solid Community Foundation: <\/b><span style=\"font-weight: 400;\">Over 100,000 engaged followers across various platforms showcase BlastOff&#8217;s strong user base.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Extensive Network: <\/b><span style=\"font-weight: 400;\">36 strategic partnerships within DeFi provide BlastOff with crucial resources and expertise for growth.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sold-Out IDO:<\/b><span style=\"font-weight: 400;\"> The IDO for $OFF achieved a complete sell-out, indicating substantial participation and confidence in the platform.<\/span><\/li>\n<\/ul>\n<h3><strong>Understanding the Blast Network<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The foundation of BlastOff lies in the Blast network, an Ethereum Layer 2 (L2) solution that potentially leaps beyond traditional L2s by offering native yield and automatic compounding. Key features include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Auto Rebasing<\/b><span style=\"font-weight: 400;\">: Users benefit from compounded interest without manual intervention.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>L1 Staking<\/b><span style=\"font-weight: 400;\">: Adds extra yield on Blast&#8217;s Layer 1.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>T-Bill Yield<\/b><span style=\"font-weight: 400;\">: Utilizes MakerDAO&#8217;s T-Bill protocol to generate additional yield for USDB, Blast\u2019s auto-rebasing stablecoin.<\/span><\/li>\n<\/ul>\n<p><b>Revolutionising Initial Dex Offerings (IDOs) with Native Yield IDOs (YIDOs)<\/b><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-397212 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-185223.png\" alt=\"\" width=\"746\" height=\"350\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-185223.png 746w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-04-185223-300x141.png 300w\" sizes=\"(max-width: 746px) 100vw, 746px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">BlastOff introduces Native Yield IDOs (YIDOs), a concept that aims for users to stake ETH or stablecoins with the potential to generate yield supporting new projects without direct capital investment. Benefits of YIDOs include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Potential for passive income generation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Early access to new projects<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portfolio diversification<\/span><\/li>\n<\/ul>\n<p><b>YZone &#8211; Elevating Yield Generation<\/b><\/p>\n<p><b>YZone<\/b><span style=\"font-weight: 400;\">, an innovative yield aggregator within the Blast ecosystem, aims to surpass Blast\u2019s native yield through strategic execution in collaboration with Governance. Yield opportunities are categorized based on risk profiles. Users can find more details on the <\/span><a href=\"https:\/\/blastoff.zone\/\"><span style=\"font-weight: 400;\">website<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Access Unrealised Yield with the Future Yield Minter Vault<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Future Yield Minter Vault allows users to stake ETH and mint up to 5 years\u2019 yield initially, extendable to 10 years, integrating seamlessly with Blast\u2019s DeFi ecosystem.<\/span><\/p>\n<h3><b>$OFF Token Utilities<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The utilities associated with $OFF are crafted to share value with the most active and loyal participants of the BlastOff ecosystem. By staking $OFF, users amplify their Blast Force Score, unlocking various benefits across different aspects of the platform:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>YIDOs:<\/b><span style=\"font-weight: 400;\"> Higher allocations for automatic participation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Native Blast Staking:<\/b><span style=\"font-weight: 400;\"> Lower fees for yield generation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>YZone:<\/b><span style=\"font-weight: 400;\"> Potential for higher yields and lower fees.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Governance<\/b><span style=\"font-weight: 400;\">: Influence over YZone Vaults and YIDO deal flow.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Community Incentives: <\/b><span style=\"font-weight: 400;\">Actively participating users are rewarded with $OFF tokens, fostering community engagement and contribution.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Treasury Revenue Share:<\/b><span style=\"font-weight: 400;\"> Rewards for active participation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Yield Boost<\/b><span style=\"font-weight: 400;\">: Increased earnings in YZone.<\/span><\/li>\n<\/ul>\n<p><b>Project Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fundraising potential: <\/b><span style=\"font-weight: 400;\">Projects that leverage the BlastOff platform and its engaged user base can raise more capital through YIDOs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exposure to a wider audience: <\/b><span style=\"font-weight: 400;\">Launching on BlastOff allows projects to reach a broader audience.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Streamlined fundraising process:<\/b><span style=\"font-weight: 400;\"> BlastOff offers a user-friendly platform for projects to conduct their IDOs efficiently.<\/span><\/li>\n<\/ul>\n<h3><b>Team and Token Information<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The BlastOff team consists of 8 veterans with extensive experience in Launchpad and DeFi integration. The team has been building and managing Launchpads since 2021.<\/span><\/p>\n<p>BlastOff&#8217;s native token, $OFF, is gearing up for its official listing on the following exchanges: Thruster, Gate and MEXC<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Token Ticker: $OFF<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Token Chain: Blast, Polygon<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Total Supply: 10,000,000<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Initial Mcap (excluding liquidity): $232,500<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Listing Date: 05 June 2024 at 10 a.m. UTC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Listing Price: $0.4<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Market Makers: Trireme Trading<\/span><\/li>\n<\/ul>\n<h3><strong>Contact<\/strong><\/h3>\n<p>BD &amp; Comms<\/p>\n<p>Oliver Mills<\/p>\n<p>BlastOff<\/p>\n<p>team@blastoff.zone<\/p>\n<div><strong>Disclaimer: This is a paid post and should not be treated as news\/advice.<\/strong><strong>\u00a0\u00a0<\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BlastOff, an innovative native Yield-based LaunchPad and Yield Aggregator on the Blast network is set to list its native token, $OFF, following a successful Initial Dex Offering (IDO). Key Achievements of BlastOff: Award-Winning Innovation: BlastOff&#8217;s concept secured a runner-up position in the prestigious Blast Big Bang event, highlighting its innovative approach. Strong Testnet Performance: With<a href=\"https:\/\/ambcrypto.com\/blastoff-prepares-for-off-token-listing-following-sold-out-ido\/\">Continue reading <span class=\"sr-only\">&#8220;BlastOff Prepares for $OFF Token Listing Following Sold-Out IDO&#8221;<\/span><\/a><\/p>\n","protected":false},"author":85,"featured_media":397210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[18,2],"tags":[],"class_list":["post-397207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hide-cryptopanic","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BlastOff Prepares for $OFF Token Listing Following Sold-Out IDO - AMBCrypto<\/title>\n<meta name=\"description\" content=\"BlastOff, an innovative native Yield-based LaunchPad and Yield Aggregator on the Blast network is set to list its native token...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/blastoff-prepares-for-off-token-listing-following-sold-out-ido\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlastOff Prepares for $OFF Token Listing Following Sold-Out IDO - 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