DeFi
Blast Community Split on the latest jackpot distribution
Blast airdrop participants are frustrated after PacMoon holders earned more gold in one week than dApps earned in two months.
Ethereum Layer 2 Blast held its fourth jackpot The draw took place on May 8, with a total of 965,589 gold allocated to the PacMoon community in the largest distribution ever.
PacLune is the leading memecoin in the Blast ecosystem in terms of total market capitalization, and this is the second time PacMoon has hit the jackpot. So far, PacMoon holders have won a total of 1,342,378 gold, more than five times the allocation of other jackpot winners combined.
Further adding to the controversy, many of PacMoon’s largest holders are Crypto Twitter influencers, who earned large distributions of $PAC during their engagement-based rewards program earlier this year.
Pacmoon Content Rewards Program
The two major distributions to PacMoon also surpassed the total gold distributed by some of the top dApps in the Blast ecosystem. Wasabi Protocol, a popular NFT perpetual trading and splitting platform on Blast, received 224,000 gold in its first allocation and around 505,000 gold in its second.
Although he is one of Top 10 apps on Blast by Total Value Locked (TVL), Wasabi early adopters received just over half the Gold allocation compared to Pacmoon holders.
The jackpot feature is only six days old. While it’s likely that dApp ecosystems like Wasabi will eventually receive their own jackpot wins, the highly skewed distributions during opening week left many Blast participants frustrated and concerned about the potential impact on the perceived fairness of the ecosystem.
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