BladeSwap: Recap and Roadmap

BladeSwap
5 min readMay 22, 2024

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As we reflect on the first two months since the launch of Bladeswap, we are proud to share our significant efforts, achievements and outline our short-term roadmap for the future. Here’s a recap of our key milestones and what lies ahead for our community.

Achievements Since Launch

We are working like crazy every day to make Bladeswap the top DEX!
  • Lootbox Season1 NFT Launch: Achieved amazing traction, engaging our community and driving participation.
  • Blast Point Dashboard Integration: We were the first to integrate this, enhancing our platform’s functionality.
  • Returning 100% Dev Allocation Gold: Through S1 Lootbox, we’ve returned all the dev allocation gold from Blast Bigbang Competition back to our early supporters.
  • Integration with DeBank, DeFiLlama, CoinGecko, Defined, etc : Expanding our reach and visibility within the crypto ecosystem
  • Premining Event: Successfully conducted a premining event, setting the stage for our token’s launch.
  • Chart Integration with Dexscreener: Completed Dexscreener integration, plus embedding charts on our webpage. Often achieve #1 trending on Blast.
  • DistrictOne Community Open: Launched a dedicated D1 space for our community to engage and collaborate.
  • UI/UX Enhancements: There are tons of UI/UX changes that you might not even realize have been enhanced, as evidenced by the github commit frequency above!
  • Successful TGE, marking a significant growth in price and TVL so far.
Twitter post at 7 days after launching
  • Gold/Yield Maxi Pool Launch: Gold Maxi Pool provided a significant opportunity to leverage their capital to earn gold while providing a good return opportunity for LPs. This system fueled all of our growth.
  • Gold Dashboard: Launched to provide comprehensive insights into gold-related metrics including Gold-maxi pool reward.
  • BladeStarter: Drawing a good POL partner through BladeStarter while giving a fair chance for veBLADE holders.
  • Advanced Router with Eisen: Introduced super fast and smart split router that could cover all the future pools including Concentrated liquidity.
  • Special Gold Event: Special 4k additional gold event for Bribers
  • 1st CEX Listing: Listing on a CEX is more than just adding another exchange; it holds significant implications. It allows $BLADE to be easily integrated into various platforms through reliable price APIs, enables oracle integration with professional market makers managing the order book, and facilitates asset movement between other chains and Blast using $BLADE without the two-week official bridge delay or bridge fees by leveraging the CEX. Additionally, reaching a broader community is an important long-term benefit that cannot be overlooked.

What’s Coming Next? — Short-term Roadmap

ETA early next week for Concentrated Liquidity (CL) pools!

  • The current structure directs 100% of trading fees to voters, with LPs receiving emissions. With CL pools, capital efficiency increases 5–6 times, allowing 60% of trading fees to go directly to LPs and 40% as bribes. This results in more trading fees accumulating than before.
  • This change provides large LPs the opportunity to earn trading fees directly on top of $BLADE emissions, fostering more collaboration opportunities, especially with meme tokens, which see high volumes.

Focusing on the Meme Trend:

  • A significant portion of the volume comes from meme tokens these days. DEXs excel at providing access to a variety of long-tail assets that are not available on CEXs, and we plan to maximize this advantage.
  • We will incubate several meme tokens within Blade, ensuring a rug-free environment and providing numerous benefits to Blade holders through airdrops.
  • Meme makers will receive extensive technical and social support. We are preparing an exciting environment to systematically and safely bootstrap these tokens, with plans to become a mega platform for Blast.
  • High probability of getting a Jackpot gold is a bonus advantage!

Expanding Yield-Maxi Pools:

  • While memes are important, robust liquidity for blue-chip assets is crucial. Alongside the launch of CL pools, we will create special yield-gold maxi pools to support this initiative, particularly during the Gold event.

Supporting RST/LST/Algo-stable Assets:

  • CL is ideal for correlated pairs and stable pairs, as it allows for dynamic price adjustments with minimal impact. We aim to support various RST and LST assets, establishing ourselves as a liquidity hub and attracting partners from the ETH chain. We are in discussions with several potential partners for this.

Leveraging ASO Finance as DeFi Lego block:

  • One of our strengths is our strong partnership with ASO Finance, a lending protocol, through BladeStarter.
  • We will actively push for listing stable/RST assets with substantial liquidity on Bladeswap, supporting strategies like hedging and delta-neutral farming.
  • This will allow ASO to list unique assets not found on other lending platforms, providing differentiation and mutual benefits for both Blade and the projects listed on Bladeswap.

4th Audit by Zokyo :

  • Although contracts already undergone 3 audits with Hacken, Zokyo, Scalebit at Velocore, we are currently conducting a 4th audit specifically for Bladeswap. This audit is being carried out by Zokyo, the team familiar with our code from previous audits, and we will share the report as soon as it is available. We understand that security is crucial and our users value it highly. As demonstrated by our decision to revoke the admin rights of the $BLADE token, we take security very seriously as well!

Exciting Developments Ahead :

  • We have several developments in the pipeline that we aren’t ready to announce just yet, but rest assured, June will be an incredibly exciting month!

Ultimately, we aim to become a one-click liquidity hub encompassing all blue-chip and long-tail assets of Blast. We will support and incubate various tokens and projects on our platform, with the BLADE token at the core, growing alongside our partner tokens. Stay tuned for more updates and join us on this exciting journey!

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BladeSwap

BladeSwap is the native Dex of Blast. Enjoy seamless UX/UI with native multicall and epoch-less real time voting feature.