# What is BlastOff ?

A Brief Overview of the BlastOff Platform and Key Features

BlastOff is a revolutionary idle-yield-based launchpad and yield aggregator built on Blast.&#x20;

The platform offers a unique combination of features that make it ideal for the Blast network. By combining Blast's native yield with YZone, our yield aggregator, we generate maximum yield for our users. In addition, YIDOs—the core function of our risk-averse, yield-based launchpad—act as a layer on top to generate even more returns via idle participation in funding new projects on Blast.&#x20;

Blast is here to stay, and growth is inevitable. Contrary to most blockchains, Blast has a core infrastructure difference with built-in utility via native yield, opening up innovation to create a new subset of native yield-centric products.&#x20;

BlastOff has been created to harness the power of Blast, opening up the Blast community to novel variants that generate even more yield through multiple avenues. We will focus on growing a massive community and tailoring our products to win the TVL competition.&#x20;

The BlastOff team is composed of members responsible for the development and growth of the OG launchpads with the strategic help of multiple legacy players that will help drive our mission forward.&#x20;

### **YPad Overview**&#x20;

BlastOff introduces a groundbreaking concept of zero-risk IDOs through YPad. Unlike traditional IDOs where users risk losing their investment if the project fails, BlastOff allocates a portion of the generated yield from staking ETH or stablecoins on the platform to support YIDOs. This ensures that users can participate in IDOs without the risk of losing their investment.

YIDOs are also the first idle-participation funding protocols that don't require the user to do anything other than stake and allocate a portion of their yield to YIDOs. Project tokens are automatically purchased and airdropped back to stakers.&#x20;

### **YZone Overview**

BlastOff's YZone automatically selects the best protocols for yield and auto-compound returns, eliminating manual intervention. This ensures that users can maximise their yield without the complexities of managing individual investments.

YZone exists to provide a higher Yield than Native Yield options on Blasts. It will also help create larger pools of funding for YIDOs.

### **$OFF Token**&#x20;

The $OFF token is key to empowering projects and users on the BlastOff platform. Users can increase their Blast Force via $OFF staking and YZone deposits. Blast Force unlocks many utilities, from larger YIDO allocations to lower fees and heavier drops from the $OFF treasury.


# Why Blast(L2) ?

## \[Un-Official:]

\[You know it and we know it. Blur's team can execute extremely well, they've proven this many times.  The current TVL already tells you everything you need to know.

What strikes us is that they have added a massive! change to the DeFi infra on their chain. It creates many new dynamics and potential products out of thin air. This is a very risky move, but one that was needed. People don't realize that most blockchains launch with minimal or no changes to the base infrastructure, usually, it's centred around speed, some UX features etc, but this is different, it's a core utility difference.

Blast set itself up for an organic W. It has the fundamentals to act as a black hole of assets across a lot of other chains and idle assets on ETH.&#x20;

With all of this in mind, we believe that Blast will win and we are positioning ourselves to become one of the projects on Blast, aggregating users and TVL into an explosive mix for the $OFF growth.

For research purposes, we highly suggest reading a [Blast overview](https://www.standardcrypto.vc/thoughts/blast-the-layer-two-opportunity/) by one of their investors - StandardCrypto. ]

## *Official version:*&#x20;

## *1. Native Yield*

*Blast is an innovative Ethereum Layer 2 (L2) solution designed to enhance user earnings and revolutionise the DeFi landscape. It stands out as the only L2 offering native yield for ETH and stablecoins, with an automatic compounding feature that sets it apart from traditional L2s. Blast's impressive 4% yield for ETH and 5% for stablecoins challenge the 0% default interest rate found on other L2s, providing users a lucrative opportunity to earn passive income.*

## *2. Auto Rebasing, L1 Staking and T-Bill Yield.*

*Blast's groundbreaking mechanics include Auto Rebasing, ensuring ETH yield is automatically transferred to users, and USDB, Blast's auto-rebasing stablecoin, which derives its yield from MakerDAO's on-chain T-Bill protocol. This innovative design positions Blast as an EVM-compatible, optimistic rollup that raises the baseline yield and preserves a familiar experience for crypto natives.*

## *3. Importance of Protocols*

*Blast presents an unprecedented opportunity for developers to build with yield, offering native yield for ETH and stablecoins. This opens doors to new revenue streams and rewards for end-users. As an EVM-compatible L2, developers can seamlessly transition to Blast without extensive retooling, ensuring compatibility with existing code, tools, and infrastructure. Additionally, Blast stands out by programmatically returning gas fee revenue to developers, setting it apart from other L2s that retain this revenue for themselves. Blast represents a paradigm shift in the DeFi ecosystem, delivering 10x more value and encouraging developers to embrace a platform designed for maximum yield and user benefit.*


# YIDO - Native Yield IDO

## **Native Yield IDOs: A game-changer for the funding space**

Native Yield IDOs (YIDOs) are a revolutionary new type of initial decentralized offering (IDO) that combines the traditional concept of IDOs with the innovative concept of native yield. In a nutshell, Native Yield IDOs allow users to participate in IDOs without the risk of losing their investment. This is achieved by allocating a portion of the yield generated from staking ETH or stablecoins on the BlastOff platform to support YIDOs.

This fully automated system creates the first-ever idle IDO earning system. Set it up once and get tokens airdropped to you regularly.

## **How do Native Yield IDOs work?**

Here's a simplified breakdown of how Native Yield IDOs work for regular users:

1. **Stake ETH or stablecoins:** Users can stake their ETH or stablecoins on the BlastOff platform directly or through YZone, the platform's yield aggregator. Staking involves locking up your tokens for a specified period to earn yield.
2. **Allocate yield to YIDOs:** A portion of the yield generated from staking is automatically allocated to support YIDOs launched on Blastoff. This means that users contribute a portion of their earnings to fund new crypto projects. Users decide what % of future yield they want to allocate towards YIDOs.
3. **Participate in YIDOs:** When a YIDO is launched on Blastoff, a portion of the yield automatically gets used in the YIDO. Project tokens then get auto-airdropped during TGE.&#x20;
4. **Zero-risk investment:** The key advantage of Native Yield IDOs is that users are not at risk of losing their investment. Only a portion of future yield is dedicated towards the projects.&#x20;

## **TL**;**DR YIDOs offer:**

* **Zero-risk investment:** Unlike traditional IDOs, where users risk losing their investment if the project fails, Native Yield IDOs offer a zero-risk approach.
* **Passive income generation:** Users earn a yield on their staked ETH or stablecoins, even while participating in YIDOs. Forget about FCFS and IDO timing hassles.
* **Early access to promising projects:** Users can invest in promising new crypto projects early on, potentially benefiting from significant price appreciation.
* **Diversified investment portfolio:** Native Yield IDOs provide a way to diversify one's investment portfolio by participating in multiple YIDOs across different sectors of the crypto ecosystem.

## **YIDOs** $OFF **utility:**

$OFF **stakers will get benefits in the form of**

* **higher allocations for automatic participation in YIDOs**
* **separate pools for manual participation in YIDOs**
* **lower fees on Blast Native Staking and YZone**

**Benefits are distributed based on your Blast Force score, which determines your Tier.**&#x20;

**Learn more about** [**Blast Force.**](/products/yido-native-yield-ido/blast-force)


# Blast Force

## Loyalty system for BlastOff

Blast Force is a scoring system of BlastOff participants influenced by $OFF staking, Native Blast Yield deposits, and YZone deposits, and it serves as a gateway to benefits across our ecosystem of products.&#x20;

More details TBA.


# Tier System

TBA

We will reveal more details about how the Tier System will work closer to the first YIDO.&#x20;


# YZone - Yield Aggregator

## What is YZone?&#x20;

The BlastOff yield aggregator, YZone, focuses on executing strategies around yield opportunities within the Blast ecosystem, intending to provide a higher yield than the Blast Native Yield. Our mission is to provide a simple and secure way to earn on Blast. As such, we will work with our governance community to identify, research and create strategies and get approval to execute, implement, and deploy onto YZone.

## Blast Yield Opportunities&#x20;

We believe the Blast will become home to vast amounts of yield innovation and a catalyst for new systems following native rebasing tokens as a primitive.&#x20;

<mark style="color:blue;">"Blast is a chance to rethink Layer 2 infrastructure with yield-bearing assets treated as first-class citizens — a fresh rebuild. If ETH was a natively yielding rebasing token from the start, we think even basic building blocks (e.g. Uniswap pools) would have been designed differently. With Blast, that capital becomes efficient, earning almost an extra $100 million a year in interest based on current Uniswap TVL. The bridge becomes the event horizon; upon crossing, idle ETH and stables transform into natively yielding versions. Wallets become savings accounts, and dApp TVL brings revenue. Users can now directly and natively capture yield from their holdings instead of having to take an opt-in action. We are big believers in the power of defaults." (c) StandardCrypto</mark>

Most opportunities should fall in the following categories.&#x20;

* Zero-risk - Native yield rebasing provided by Blast, likely to be followed by Blur and potentially Blast staking.&#x20;
* Low-risk ETH blue-chip projects like Aave, MakerDAO, Uniswap, Yearn, and more are moving to Blast. Their infrastructure will also generate yield opportunities.&#x20;
* Mid-high risk - New protocols and projects are coming out on Blast. These will likely have the highest yield potential but hold the most risk.&#x20;

Our thesis for YZone is to deploy multiple yield-generating vaults centred around different risk profiles. Initially, the larger focus will be on zero- and low-risk opportunities.&#x20;

## $OFF **Utility**

Users with a high [Blast Force](/products/yido-native-yield-ido/blast-force) score will get a boosted yield and decreased fees.&#x20;

## **TL**;**DR YZone**

**YZone is on a mission to become one of the core places for yield generation on Blast. Providing multiple vaults of different levels of risk.**&#x20;

* **Effortless Yield Optimization:** YZone simplifies the yield optimisation process, eliminating the need for users to spend time researching and managing individual protocols.
* **Enhanced Yield Generation:** YZone's intelligent selection of protocols ensures that users consistently earn the highest possible yield, maximising their returns on their crypto assets.
* **Reduced Risks:** YZone carefully evaluates the security and reputation of each protocol it aggregates, minimising the risk of exposure to scams or unreliable platforms.
* **Diversified Yield Portfolio:** YZone's aggregation of multiple protocols allows users to diversify their yield-generating strategies, reducing the overall risk of relying on a single protocol.
* **Transparent Yield Tracking:** YZone provides users with a clear and transparent overview of their yield performance, allowing them to track their earnings and make informed investment decisions.\ <br>


# Utility and Treasury

$OFF

$OFF is the native utility token of the BlastOff product ecosystem.&#x20;

Initially launched on Ethereum, it will later be bridged over to Blast. For the purpose of a future bridge, the token will be created using the Omnichain Fungible Token (OFT) LayerZero standard.&#x20;

## Utilities

$OFF utilities were created to share value to the most active and loyal participants of the BlastOff ecosystem. To receive the benefits of $OFF utility, users must stake them, enabling their Blast Force Score.&#x20;

1. YIDOs - Higher allocation, ability to manually participate in YIDOs
2. Native Blast Staking - Lower fees
3. YZone - Higher yield and lower fees
4. Governance - Vote on curating the YZone Vaults and the YIDO deal flow.
5. Community Incentives - Active participation will be rewarded via $OFF
6. Treasury Revenue Share - Treasury growth accumulation will be shared, with distribution geared towards users with higher Blast Force scores.&#x20;

## Tokenomics&#x20;

Available [here](#tokenomics).&#x20;

## Treasury

Treasury will be used to provide constant additional revenue to the $OFF stakers.&#x20;

During the IDO, 10% of the funds raised will go towards the Genesis Treasury. Genesis Treasury fund will be staked towards the Blast Network.&#x20;

After the $OFF IDO, the Treasury will capture:&#x20;

1. Native Rebasing Yield
2. 30% of YIDO Fees
3. 50% of YZone Fees
4. 100% of all future Airdrops.&#x20;

Every Quarter, 30% of Treasury growth, meaning the delta between Treasury's Total Asset Value at the beginning of the Quarter to the end of it, will be airdropped to the top 10% of users with the highest Blast Force score.

In the case of Treasury dissolution or partial liquidation. 50% of all Treasury value will be distributed towards the top 50% of all $OFF Stakers. &#x20;

$OFF tokens within the Treasury will be subject to a different rule set. They will not be counted as value in Total Asset Value calculations, and the available $OFF tokens will be burned in the case of dissolution or partial liquidation.&#x20;

## Outreach for Strategic Investors

If you believe you could add strategic value to Blastoff, send an email to <team@blastoff.zone>  &#x20;


# Tokenomics

### $OFF

Total Supply: 10M $OFF

**Seed Round - 20%**. 15% unlock at TGE, 3m cliff, 4m linear vesting.&#x20;

**Public Round - 18.75%.** 15% unlock at TGE, 1m cliff, 6m linear vesting.

**Initial LP and MM - 10%**. 50% unlock at TGE, 1m linear vesting.

**Team - 10%**, 3m cliff, 15M linear vesting.&#x20;

**Advisors - 8%**, 2m cliff, 12M linear vesting.

**Treasury - 5%**, 12M linear vesting.

**Ecosystem rewards - 13.25%.** 0% TGE, 18m linear vesting, 25% unlock 1w after TGE.

**Community incentives - 15.00%.** 0% TGE, 18m linear vesting, 25% unlock 1w after TGE.


# Roadmap

At the moment, Blast has not published complete documentation; as such, we can make changes to the current details of the roadmap. Once complete documentation is live, we will update the Roadmap.&#x20;

**Current Plan:**

Q4 2023 - $OFF LBP on ETH, Community Initiatives Launch

Q1 2024 - \[If Blast L2 goes live as expected]$OFF migration to BLAST and Staking launch, Blast Force Score System, Native Blast Yield staking for YIDO, First YIDO.

Q2 2024 - First YZone Vault, Multiple YIDOs

Q3 2024 - Multiple YZone Vaults

Q4 2024 - \[Redacted]

Q1 2025 - \[Redacted]


# Apply for a YIDO

## Are you ready to build on Blast?&#x20;

Please take a few minutes to complete our application form to ensure your project is eligible for a YIDO. Follow the link below and fill in your application form now!&#x20;

## [YIDO Application Form](https://zdte5mel10z.typeform.com/to/ihEDo6F8)


# Apply for a Partnership

## Let's build together!

We are always excited to explore potential partnership opportunities. Please take a few minutes to complete the form below. Follow the link below and fill in the partnership request form now:

## [Partnership Request Form](https://zdte5mel10z.typeform.com/to/mJzU3Rea)


# Verified Contracts

## Verified Contract Address List:

### $OFF&#x20;

Blast OFF Token: \[[0xD55eDfc79c0d14084260D16f38BdA75e28AbFb6A](https://blastscan.io/address/0xD55eDfc79c0d14084260D16f38BdA75e28AbFb6A)]

Polygon OFF Token: \[[0xa1068f2c8aE2597f1B6865fD26412f409328D329](https://polygonscan.com/address/0xa1068f2c8aE2597f1B6865fD26412f409328D329)]

### $OFF Staking

OFF Staking Contract: \[[0xC9B6c67af496E92F64b1C136B3FaD15e3b02cbb4](https://blastscan.io/address/0xc9b6c67af496e92f64b1c136b3fad15e3b02cbb4)]

### $IDO Pool

Multiplier Contract: \[[0xe1367328979ed9698f676d0f205d39c19655fefd](https://blastscan.io/address/0xe1367328979ed9698f676d0f205d39c19655fefd)]

IDO Pool Contract Proxy: \[[0x3EE63C44fc7cd9e6A16fA864026afB33Aa134d14](https://blastscan.io/address/0x3EE63C44fc7cd9e6A16fA864026afB33Aa134d14)]\
\
IDO Pool Implementation: \[[0x807e631D6255616039c0Cc65eE3B4F18bC716F20](https://blastscan.io/address/0x807e631D6255616039c0Cc65eE3B4F18bC716F20)]

### $Team Operator Wallet

TeamWallet: \[[0x9cF3b1AaCc1599f4f352eb87fE33621DB207F70a](https://blastscan.io/address/0x9cF3b1AaCc1599f4f352eb87fE33621DB207F70a)]

PointOperator: \[[0xe8d35bfb4263b46f0bf308a654e4a8eb9f9cdaa5](https://blastscan.io/address/0xe8d35bfb4263b46f0bf308a654e4a8eb9f9cdaa5)]

### $YieldOperator

RoleControlProxy: \[[0x779f9C230523003641009B870b36aea398F830f9](https://blastscan.io/address/0x779f9C230523003641009B870b36aea398F830f9)]

RoleControlImplementation: \[[0xff008b6418B886f5aA3901c5e206AEB418988a3A](https://blastscan.io/address/0xff008b6418B886f5aA3901c5e206AEB418988a3A)]

### $Gen1Yield

NonLockStakingPoolsProxy: \[[0xd9747a98624f0B64B4412632C420672E16432334](https://blastscan.io/address/0xd9747a98624f0B64B4412632C420672E16432334)]

NonLockStakingPoolsImplementation: \[[0xFa9397f1fa04FF86A89efB5663fE1c8A5544ec6b](https://blastscan.io/address/0xFa9397f1fa04FF86A89efB5663fE1c8A5544ec6b)]

fyETH Token: \[[0x8Eb3D1686F96Fa5F4D129372DDf7D43Aaf8e7920](https://blastscan.io/address/0x8Eb3D1686F96Fa5F4D129372DDf7D43Aaf8e7920)]

fyUSD Token: \[[0xdEA60E66E08543B371d50D0d39420c39580147cE](https://blastscan.io/address/0xdEA60E66E08543B371d50D0d39420c39580147cE)]

### $Deprecated (fyYield)

LockedStakingPoolsProxy : \[[0xd95773E5B1eeDC7fF302a70AcD0eb370927397D2](https://blastscan.io/address/0xd95773E5B1eeDC7fF302a70AcD0eb370927397D2)]

LockedStakingPoolsImplementation: \[[0x0832e17eb957389aDd1441b6725Ba80C6ff583c1](https://blastscan.io/address/0x0832e17eb957389aDd1441b6725Ba80C6ff583c1)]


# Published Audits

Smart Contract Security Audit Reports

### OFF Staking **Contact**:

{% hint style="info" %}
[0xC9B6c67af496E92F64b1C136B3FaD15e3b02cbb4](https://blastscan.io/address/0xc9b6c67af496e92f64b1c136b3fad15e3b02cbb4)
{% endhint %}

{% embed url="<https://github.com/BlastOffOrg/Token-Staking-Contracts/blob/main/audits/BlastOff_Staking_Security_Audit.pdf>" %}

### IDO Pools Audit:

{% embed url="<https://github.com/BlastOffOrg/Ido-Pools-Foundry/blob/main/audit/Audit_v1_fc71c06.pdf>" %}

Audits made by [ThreeS](https://threesigma.xyz/)[igma](https://threesigma.xyz/)


# Partnerships


# Incubation and YIDO Partners

To best position our onboarded projects, we are collating a selection of the finest quality partners to assist with incubation and launch, ensuring the brightest future for every project we launch.

<figure><img src="/files/iSySgXhgZVXpzleuTYFV" alt=""><figcaption></figcaption></figure>

Kaizen Finance is the first automated cross-chain token launch platform for everything from token creation and distribution to listing security and management. Kaizen Finance are working together with us to provide market-leading:

* Token Creation
* Vesting & Distribution
* Security & Protection
* Staking & Rewards
* Market-making

The ability to offer best-in-class services to our incubation and launch projects in the above areas provides enormous strength to us and the greater Blast ecosystem, positioning our YIDO candidates perfectly for a successful launch and bright future.


# Security Audit

<figure><img src="/files/YdCwj1rtRxe8a2pOhhxo" alt=""><figcaption></figcaption></figure>

Three Sigma is a leading blockchain engineering and auditing firm in Europe, providing a broad range of services, from code and economic audits to full blockchain design and development.

<br>


