Blum airdrop details and how to participate
The Blum token allocation event begins July 1, 2024, with 350 million tokens available for early adopters. Eligibility hinges on completing three tasks: holding at least 500 BLP in a connected wallet, engaging with the protocol before May 15, and passing Sybil checks. Miss the cutoff? Secondary markets open July 5 on major exchanges https://blumdrops.info/ .
Claim windows vary by region: North America (12:00–14:00 UTC), Asia (04:00–06:00 UTC), Europe (08:00–10:00 UTC). Gas fees spike during these periods–set slippage to 3.5% or use Layer 2 networks. Failed transactions? Check blum.xyz/status for real-time congestion updates.
Historical data shows first-hour claimants receive 18% more tokens than latecomers. But rushing risks errors: 23% of January’s similar event claims failed due to incorrect wallet permissions. Verify contract address 0x4f3...7a2e–imposter scams already siphoned $2.1M from testnet participants.
Post-claim, 60% of tokens vest linearly over 8 months. The remaining 40% unlocks at TGE but faces a 15% sell tax if dumped within 72 hours. Early OTC trades suggest $0.027–$0.041 price discovery, though liquidity pools won’t stabilize until July 8.
Eligibility criteria and token distribution rules
To qualify, wallets must hold a minimum balance of 0.05 ETH during the snapshot period–March 1-15, 2024. Inactive addresses or those involved in Sybil attacks get automatically disqualified.
Distribution follows a weighted model:
Wallet Activity Tier Token Allocation
10+ transactions 1,200 tokens
5-9 transactions 800 tokens
1-4 transactions 400 tokens
Early adopters receive a 15% bonus if their first interaction occurred before February 2023. Gas fees don’t count toward transaction thresholds.
Tokens unlock linearly over 12 months–8.33% monthly starting April 10, 2024. Unclaimed allocations after 90 days get burned.
Smart contract interactions must exceed $50 in cumulative value. NFT-only transactions don’t qualify.
Step-by-step guide to claiming Blüm tokens
1. Connect a compatible wallet. Ensure your wallet (MetaMask, Trust Wallet, or Coinbase Wallet) supports Binance Smart Chain. Verify network settings–Blüm operates on BSC, not Ethereum.
2. Visit the official distribution portal. Access the Blüm team’s verified link–avoid phishing sites. Double-check the URL matches their official Telegram or Twitter announcement.
3. Approve the transaction. Gas fees vary; expect 0.001–0.005 BNB. Reject any request for excessive payments–scammers often inflate costs.
4. Confirm receipt. Tokens may take 5–30 minutes to reflect. Track the transaction via BscScan using your wallet address.
5. Secure holdings. Move tokens to cold storage post-claim. Avoid leaving them in hot wallets long-term.
Step Time Estimate Cost (BNB)
Wallet setup 1–3 min 0
Token claim 2–5 min 0.001–0.005
Confirmation 5–30 min 0
Note: Missing tokens? Contact Blüm’s support with your TxHash–never share private keys.