Coolwater.xyz
  • Introducing Coolwater.xyz
    • Overview of Thaw Digital and Coolwater
    • Overview of Blur.io and Blend
    • Relevant Links
  • Blender Strategy
    • The Blend Lending Process
    • Advantages of Aggregating ETH to lend on Blend
    • Trust-Minimized Pooling on Blend
    • Coolwater and Lead Strategists
  • Functional Overview
    • High-Level Platform Overview
    • Investment periods: Epochs
    • Deposit Flow
    • Withdrawal Flow
    • Accruing Blur Points
  • Security
    • Wallet Security
    • Fireblocks
    • Blend Smart Contracts
    • Privacy Protection and Data Handling
  • FAQ
  • Resources and References
    • External Resources
    • Glossary of Terms
  • Lead Strategist Documentation
    • Blender Strategy by Homerfan33
      • Epoch Timing
      • Deposits and Withdrawals
      • Early Withdrawals
      • Royalties
      • End of Season 2
      • Homerfan33 Bio
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  1. Functional Overview

Accruing Blur Points

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Last updated 1 year ago

Depositors can see their total accrued Blur points and points accrued during the current Epoch via the Coolwater dApp. The investment origination / bidding wallet can be tracked publicly via . The Coolwater system tracks the wallets total Blur points on a daily basis and calculates each Depositor’s accrued points based on their contribution to the Epoch balance.

$BLUR Airdrop distribution

Once Blur Season 2 ends, the bidding wallet can claim $BLUR tokens via the Blur dApp. Once $BLUR tokens are redeemed by the Lead Strategist, Coolwater will calculate how much $BLUR to distribute to each Depositor based on their % share of the Blur Points accrued by the Strategy. Once all Depositors have received their $BLUR, the Lead Strategist will be transferred their $BLUR.

Example (illustrative):

Season 2 ends with 50,000 Blur Points for the bidding wallet. The 50,000 Blur Points are redeemed for 500,000 $BLUR tokens. Depositors in total have accrued 30,000 Blur Points or 60% of the Strategy total. Coolwater transfers 300,000 $BLUR tokens to Depositors before transferring the remaining to the Lead Strategist.

Blur’s airdrop leaderboard