The second season of the NFT trading platform Blur’s mining activity has officially ended, with a total of 300 million BLUR tokens airdropped to participants who provided liquidity on the Blur platform. However, highly involved participant, Brother Mahjong Huang Licheng, is quite dissatisfied.
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Brother Mahjong Huang Licheng angered by Blur’s second season rewards
Blur’s second season performance: $6.1 billion trading volume
Third season of Blur begins! Blast L2
Brother Mahjong Huang Licheng has been cursing Blur and its founder Pacman early on. Netizens believe that Brother Mahjong Huang Licheng spent a lot of money on Blur to exchange for airdrops, losing $14 million and only receiving about $2 million in airdrop income.
Due to the liquidity mechanism of the rewards, Blur achieved a trading volume of $6.1 billion in the second season, with 260,000 unique users. Blur claims to have obtained 65% of the market share. Its NFT lending market also has no other competitors and ranks first.
However, OpenSea still has more users than Blur:
Statistics from NFTGo
In the third season, rewards will be provided based on L2 Blast, supported by Paradigm and Standard Crypto.
The rewards for the third season will be divided equally between NFT traders (bidding, listing/lending) and BLUR token holders (rewards for simply holding).
(Explanation of Blur’s revenue-generating L2 network Blast: on-chain native interest rates, perpetual NFT contracts, etc.)
Blast
Blur
Pacman
Huang Licheng
Further reading:
Lending money to Curve founder Machi! Brother Mahjong invests millions of dollars, bringing in plenty of CRV to Cream
Brother Mahjong Huang Licheng withdraws lawsuit! On-chain detective ZachXBT: Thanks for the donations, I will refund everyone