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Blur Profile picture
@blur_io
Jul 5 • 9 tweets • 3 min read Twitter logo Read on Twitter
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1/ Blur v2 is live!

Two BIG updates:
- Trades now use 50% less gas
- Trait bidding

Select collections earn trait bidding points as well. Learn more👇
2/ QUICK NOTE

As part of the Blur v2 upgrade, Blur v1 bids will no longer work.

If you previously had bids on Blur, make sure to re-create them for Blur v2.
3/ GAS OPTIMIZATIONS

Blur v2 is heavily optimized to save gas.

Trading on Blur now costs 50% less in gas.

At current gas prices, you save $16 for every NFT you buy on Blur v2.

All smart contracts for Blur v2 have been audited by Chain Light.
4/ TRAIT BIDDING

Previously you could only use Blur to place collection bids. That changes TODAY.

Blur v2 lets you bid on mids, rares, or any trait you want!

Trait bidding is supported on all collections, but only select collections earn TRAIT BIDDING POINTS
5/ TRAIT BIDDING POINTS

You can earn more points for trait bidding on Punks, Degods, Milady’s, and 9 other collections.

Trait bids earn more points based on how much higher they are than the top collection bid.

Learn how trait bid points work in-depth https://t.co/VMzdGnyDZibit.ly/trait-bid-poin…
6/ SEASON 2 UPDATES

As core contributors, we view each season as a critical time for us to build infrastructure for NFTs.

In Season 1 we launched Blur’s marketplace protocol, bid pools, and countless tools for listing, sweeping, and monitoring the market.
7/ This season we’ve launched lending and BNPL (powered by Blend), full mobile support, notifications, trait bidding, and a gas-optimized v2 marketplace.

THREE key developments remain. We will share the timeline for Season 2 as soon as those developments get closer to shipping.
8/ REMINDER

You can continue to earn listing points on collections that don’t have Blend enabled. Listing points are AS VALUABLE as bidding points.

Loyalty is important for every collection. Maximize your Season 2 rewards by only listing on Blur and maintaining MAX LOYALTY.
9/ In the meantime, earn more points for Season 2 by trait bidding on the collections that have trait bidding points enabled

Quote tweet this thread to share which collection you’d like to see trait bidding points enabled on next! https://t.co/OCcIXjFe3Ublur.io/collections?ta…

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More from @blur_io

Blur Profile picture
Jun 7
Bidding Points have been updated to reward bidders who take real risk with the most points.

$BLUR rewards will go to users who genuinely contribute to Blur's growth

The following tactics don't work

1. Transferring NFTs for loyalty
2. Wash trading
3. Spoofing bids

Learn more👇
1. Transferring NFTs to game Loyalty

Loyalty is critical for Season 2

Transferring NFTs to list on other marketplaces decreases loyalty

This isn't reflected in the UI, but transfers to list on other marketplaces are tracked on the backend and decrease the transferrer's loyalty
2. Wash trading for points

Points aren't rewarded for trading volume, but sometimes bots wash trade to increase the visibility of a collection and increase the points allocated to it.

Wash traders will be filtered from Season 2.
Read 5 tweets
Blur Profile picture
May 1
1/ Blur Lending, aka Blend, is NOW LIVE.

If you have a Punk, you can now borrow up to 42 ETH within seconds.

If you want an Azuki, you can now buy one with just 2 ETH up front.

Points have been updated as well. Learn more 👇 Image
2/ Blend is launching with 3 collections at 3 different price points to start:

Punks
Azukis
Miladys

More are coming soon. Image
3/ Borrowing

Today, the only way to get liquidity on your NFTs is to sell them.

If you have a Punk and want to buy a new NFT for 10 ETH but don’t have the $ in your wallet, you have to sell your Punk.

This forces holders out of collections and hurts floor prices. Image
Read 10 tweets
Blur Profile picture
May 1
1/ Introducing Blend: the Peer-to-Peer Perpetual Lending Protocol for NFTs.

Built in collaboration with @danrobinson and @transmissions11 at @paradigm, Blend enables 10x higher yield opportunities than current DeFi protocols and unlocks greater liquidity for NFTs.

Here’s how 👇 Image
2/ Blend, short for Blur Lending, unlocks liquidity for NFTs.

Token markets exploded with the introduction of stronger financial primitives.

Now, NFT-native primitives will jump start the next stage of growth for the NFT market.
3/ Blur was built on the principle that tokens are eating the market of fungible assets and NFTs are eating the trillion-dollar market of non-fungible assets.
Read 11 tweets
Blur Profile picture
Feb 21
300M+ BLUR will be distributed to the community in Season 2.

What’s the secret to maximizing rewards? Loyalty.

Users with 100% loyalty have the highest chances of Mythical Care Packages, which are worth 100x Uncommon Care Packages.

Here are 3 ways to maximize your loyalty👇
1. List through Blur. Whenever you list, make sure to list using Blur. You can use our advanced listing tools to list everywhere in one go, but in Season 2 there’s only one way to maintain 100% loyalty.
2. In Season 2, you get a 100% loyalty score if you don’t have listings anywhere else. Use our new maximize loyalty button to remove your third party listings and get your score to 100% in a single transaction.
Read 7 tweets
Blur Profile picture
Dec 29, 2022
After speaking with traders, collectors, and creators, we’re updating our royalty policy. Blur will enforce a minimum royalty on immutable collections. We are also airdropping $BLUR to creators of collections that trade on Blur (snapshot complete).
In November, Blur adopted the filter registry and started enforcing royalties on collections that used it. At the same time we continued to incentivize royalties on existing/immutable collections that were not able to use the filter registry.
Incentivized royalties worked to an extent but not as well as we hoped. Since then we’ve spoken with traders, collectors, and creators on how to improve our royalty policy.
Read 12 tweets
Blur Profile picture
Dec 21, 2022
Airdrop 2 has been recalculated! We fixed the wash trading filters that affected legitimate traders. We also updated package counts to reflect that Airdrop 2 recipients will receive 10x more $BLUR than Airdrop 1.

The claim period has been extended to Jan 3 for all recipients.
Airdrop 2 had wash trading filters that penalized some legitimate traders. It also wasn't clear what exactly was meant when we said Airdrop 2 would be 10x bigger than Airdrop 1. This update addresses both issues. Learn more in the article below. mirror.xyz/blurdao.eth/CE…
Moving forward, we’ll work to be much clearer in communication and UI and we’ve incorporated an explicit points system into our final airdrop as part of that process.
Read 4 tweets

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