What changes have been made to the point incentive system with the official launch of Blur V2?

What changes to the point system were made in Blur V2's official launch?

Attribute bids will not be diluted. If an NFT series previously received 100 points per day, it will still receive 100 points per day. The only difference is that these points are now distributed between collection bids and attribute bids.

If a collector is willing to pay a premium for an attribute, more points will be allocated to attribute bids. On the other hand, if collectors are not willing to pay a premium for attributes, more points will be allocated to collection bids.

In practice, most points will be used for collection bids because the base price is usually much higher than the median and rare bids, and the exact allocation is determined by the market.

Season 2 Update

The first season of Blur introduced a market protocol, bidding pool, and numerous tools for listing, cleaning, and monitoring the market. Season 2 introduces lending and BNPL (supported by Blend), full support for mobile devices, notifications, attribute bidding, and Gas-optimized v2 market. There are three undisclosed key developments, and once these developments are nearing release, Blur will share the Season 2 roadmap.

• Comparison of NFT lending protocols: Will a price drop lead to a cascade of liquidations?
• Blur V2 is officially launched, what are the changes in the points incentive system?
• The Rise of Web3 Social

Note

Users can continue to earn listing points on series that have not yet enabled Blend, and listing points are as valuable as bidding points. Loyalty is important for each collection. Simply list and maintain MAX LOYALTY on Blur to maximize rewards for Season 2.

Can Blur V2 hold the first chair of the NFT aggregator after going online, win market praise, and regain its reputation? Let’s wait and see.

Related Reading: Messari: From the user retention perspective, data interprets the success of the Blur airdrop model

Share to WeChat

Author: Felix This article is the author’s point of view as a column author of BlockingNews, which does not represent the position of BlockingNews and does not assume legal responsibility. The article and opinions do not constitute investment advice. Image source: Felix If there is any infringement, please contact the author to delete it.

Depth Blocking NFT Blur

Recommended Reading

• BlockingBitPush

  2023-07-06

  In the first half of the year, how will ETH, which lost to BTC, face “crisis” and “opportunity” in the second half of the year?

• Carbon Chain Value

  2023-07-06

  The full text of the first independent “crypto bill” in South Korea: insider trading can be sentenced to life imprisonment

• Techub News

  2023-07-06

  The proposal to sue the founder has received 88.35% approval, does Azuki still have a future?

• Jordan

  2023-07-06

  What’s the difference between Twitter and Threads? Understanding these ten pictures is enough

• Foresight News

  2023-07-06

  Initial experience with Threads: Is this “Twitter killer” easy to use?

• Footprint Analytics

  2023-07-06

  Japanese cryptocurrency market report: industry trends and future prospects research

We will continue to update Blocking; if you have any questions or suggestions, please contact us!