Plutocats has grown to nearly 300 members, with $1.6m in the Reserve and almost 600 cats minted. Community members are kicking off unique, Blast-native initiatives – hop in Discord (in bio) to learn more. It’s exciting to see the crypto cat collective we imagined begin to emerge.
It’s only been a month since the birth of Plutocats and we have emerged as the top NFT on
@Blast_L2
, with $2.1m in the Reserve, over 700 cats minted, and 3.2k ETH in secondary volume.
Distribution 3 is en route to holders.
「 Cats 💥 Off 」
Congratulations to
@plutocatswtf
for crossing 1,100 ETH in trading volume!
Already part of our Earn+ program, you can earn XP and
@Blast_L2
Gold for buying, bidding, and listing them on the Mintify Blast Orderbook!
Check it ↴
In 2 months Plutocats has become the premier NFT collection on
@Blast_L2
, with $3.4m in the reserve, almost 1000 cats minted, and over $30m in weekly volume on
@Blur_io
alone.
Distribution 4 is en route to holders.
gmeow, update on the cats
• purremium NFT on
@Blast_L2
• 1052 cats minted
• $4.6m in the Reserve
• 1.2 ETH Reserve-backed book value
• over $100m in secondary volume
Plutocats is a decentralized community and brand that holders own a piece of.
We launched less than 2.5 months ago and in that time ~1,200 plutocats have been minted while the reserve has soared beyond $5.3m (over 1400 ETH).
In the spirit of fair distribution, pro rata transfers of points and gold are currently en route to community members. If you hold 1% of the supply of cats, you will receive 1% of points and gold from this distribution.
After migrating to a DAO, the reserve will remain unchanged providing a fair exit path for members should they wish to leave.
We’ll be launching Plutocats shortly after Blast mainnet comes online. Follow for updates.
Next, we’ll hold a community vote to introduce DAO governance over the reserve yield. An ERC-20 token will be distributed to members of the community which will represent their voting rights in the DAO.
To date, the Reserve has earned 3.9m points and recently received our Big Bang reward in developer gold totaling 63,830. Rewards earned by the protocol will flow to our community.
To prevent churn due to predictable distribution times, we are distributing rewards semi-weekly keeping day/time unpredictable and private.
This first distribution includes 100% of points and 25% of gold. We will continue to disburse rewards in clips as the protocol earns them.
1/ gmeowww
@metastreetxyz
&
@plutocatswtf
😸
Earn 3% APR + Ascend XP as a lender. Borrow with continuous liquidity on MetaStreet!
This Blast lending pool uses our new Dynamic LTV feature to auto optimize loan terms based on Plutocats' real-time book value. Here's how 👇
Distribution 2 includes 100% of points and an additional 25% of the protocol’s total Big Bang reward (15,959 gold). Pro rata transfers of points and gold are currently en route to community members. If you hold 1% of the supply of cats, you will receive 1% of points and gold.
This includes 100% of points (24.3m) and an additional 25% of the protocol’s total Big Bang reward (15,956 gold). As in prior distributions, transfers are pro rata – if you hold 1% of the supply of cats, you will receive 1% of points and gold.
Sofamon is coming to
@Blast_L2
.
A new way to express yourself and a new way to earn Blast gold.
Blast wearables for Telegram stickers are coming, and we’re giving away all of our Blast gold to Sofamon users on Blast.
Learn more 👇🏻
A plutocat is a generative PFP with art stored entirely onchain. NFTs are sold via continuous dutch auction, or VRGDA, where the price of each plutocat is dynamic and based on daily demand. Minimum price is set to book value of a plutocat.
This includes 100% of points and the final 25% of the protocol’s Big Bang reward (15,956 gold). As in prior distributions, transfers are pro rata – if you hold 1% of the supply of cats, you will receive 1% of points and gold.