Blot
Blot
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Blot is a leveraged token protocol built on Ink, an Ethereum Layer 2 chain in the Superchain ecosystem. It enables users to trade perpetuals, margin spot positions, basis trades, and pair trades using standard ERC-20 leveraged tokens, eliminating the liquidation risk common in traditional perpetual platforms.
Reward
$ Annoucement is pending
Platform
Ink
Max. Participants
Time Left
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Task Description
Blot does not have a confirmed native airdrop or additional token distribution beyond its existing mechanics. However, Ink itself has not yet launched its $INK token, and early on-chain activity on Ink (including through Blot) is widely expected to qualify users for potential future $INK distributions.
Key Parameters:
Tokens: $BLOT (live) / $VOID (mintable by burning Drip points + $BLOT)
Points Programs: Drip points (100 Drip per $1,000 traded) + Nado points
TGE Date: Not announced (for $INK or future Blot-related tokens)
Drip points are earned through trading volume and liquidity farming on BlotSwap. Users can burn Drip points alongside $BLOT to mint VOID tokens, which capture a share of protocol fees. Nado points accumulate in parallel from trading activity on Blot. Holders of Nado NFTs previously received a 50,000 Drip airdrop.
To participate: Visit the Blot platform (blot.trade or linked from @blotprotocol on X), connect a wallet on Ink, trade leveraged positions or provide liquidity on BlotSwap, earn Drip/Nado points, and burn for VOID if desired. Focus on high-volume trading and liquidity farming to maximize points. Follow official channels for Ink TGE updates or any new reward phases, early activity on Blot positions you well for potential Ink ecosystem rewards. Trade responsibly with real funds!
Conditions
Step 1
Bridge Assets to Ink
Acquire ETH or USDT0 on Binance and bridge them to Ink using Rhino Bridge. Ensure you have ETH on Ink for gas fees. This funds your wallet for trading and liquidity provision.
Step 2
Connect Wallet to Blot
Visit the Blot app and connect your wallet. Confirm you’re switched to the Ink network before proceeding.
Step 3
Trade Perpetuals & Margin Spot
Navigate to the Perps page and open long or short positions. Every $1,000 in trading volume earns 100 Drip points plus Nado points. Both perpetuals and margin spot trades qualify for points.
Step 4
Run Basis & Pair Trades
Go to the Strategies page to execute basis trades (paired spot/perp positions) or pair trades (token/commodity ratios). These strategies earn Drip and Nado points while generating funding yield.
Step 5
Farm Liquidity & Mint VOID
Head to the Portfolio page to add liquidity for supported pairs: ETH-USDT0 and BLOT-WETH. Stake your LP tokens on the Farms page to earn Drip points over time. Optionally burn Drip points alongside $BLOT to mint VOID tokens (which capture protocol fees—details in tokenomics docs). If you hold $FROTH on Ethereum mainnet, burn it to receive $BLOT on Ink for VOID minting.
Project Description
Blot is a leveraged token protocol built on Ink, an Ethereum Layer 2 chain in the Superchain ecosystem. It enables users to trade perpetuals, margin spot positions, basis trades, and pair trades using standard ERC-20 leveraged tokens, eliminating the liquidation risk common in traditional perpetual platforms. The protocol launched Phase 1 on February 19, 2026, with Blot Leverage going live on February 25, 2026.
Developed by the KittyPunchXYZ team (which has previously facilitated over $300M in trading volume across other chains), Blot features $BLOT as its live token. $BLOT connects to $FROTH via a burn-to-mint mechanism, and 100% of application fees are used to buy back $BLOT, generating consistent buy pressure. BlotSwap, the integrated DEX component, supports liquidity farming alongside the trading dashboard, offering multiple paths for users to earn rewards.
Frequently Asked Questions
Yes. Drip points are earned through trading and farming without needing to hold $BLOT. $BLOT is only required if you want to mint VOID tokens for fee capture.
No confirmed $BLOT airdrop has been announced. Blot is built on Ink, which has not yet launched its $INK token. Early activity on Blot contributes to your on-chain history on Ink, which may be considered in future distributions.
No. Trading and liquidity farming require capital since you’re interacting with real assets on Ink mainnet. There are no platform fees to earn Drip points beyond normal gas costs and trading activity.
Drip points have two current uses: they can be burned alongside $BLOT to mint VOID (for protocol fee capture), or held for potential future distributions. No direct conversion rate to tokens has been announced.
Nado points are earned through trading on Blot alongside Drip. Their exact utility has not been fully announced. They are separate from Drip and tracked independently.
Conclusion
Blot offers a multi-layered points program through trading, farming, basis trades, and VOID minting on the Ink L2. By consistently trading and providing liquidity now, you build Drip and Nado points ahead of any future announcements, while also positioning for early Ink chain activity.