Blot Links Trading Volume to Points Ahead of Potential INK Airdrop
Blot, a leveraged token protocol from the KittyPunchXYZ team, launched its platform on the Ink Layer 2 network in February 2026. The protocol, which facilitates perpetuals and margin trading through ERC-20 tokens without typical liquidation risk, aims to attract users by linking platform activity to a points system. The team behind Blot has previously facilitated over $300 million in trading volume on other chains, lending experience to the new venture.
While Blot's own token, $BLOT, is already live, the primary incentive for early participants is speculative positioning for a potential airdrop of the Ink network's unreleased token, $INK. Users earn 100 Drip points and an unspecified number of Nado points for every $1,000 in trading volume. This mechanism directly incentivizes on-chain activity on Ink, which is a common prerequisite for retroactive airdrops from Layer 2 networks.
Users Farm Points Through Trading and Liquidity Pools
Airdrop farmers can accumulate points through several on-chain actions. The primary method involves trading perpetuals or spot assets with margin on the Blot platform. Additionally, users can execute basis trades and pair trades, which also generate Drip and Nado points alongside potential funding yield. These activities require bridging assets like ETH or USDT0 to the Ink network and paying gas fees for transactions.
Beyond trading, Blot offers liquidity farming through its BlotSwap decentralized exchange. Users can provide liquidity to the ETH-USDT0 and BLOT-WETH pools to earn Drip points over time. For participants seeking deeper integration, earned Drip points can be burned alongside $BLOT tokens to mint $VOID, a token that captures a share of the protocol's fee revenue. This creates a multi-layered system where users can choose between purely farming points or engaging with the protocol's tokenomics.
$INK Airdrop Remains Unconfirmed Despite Ecosystem Incentives
It is critical for participants to understand that neither Blot nor Ink has officially confirmed an airdrop. The current points program is a speculative play based on established patterns in the DeFi space, where early ecosystem participation is often rewarded. The activity on Blot serves as a method to generate a transaction history on the Ink blockchain before it launches a native token.
While users can earn rewards without holding $BLOT, the token is required to mint $VOID for fee-sharing. The $BLOT token also has a direct relationship with the $FROTH token on Ethereum mainnet, which can be burned to mint $BLOT on Ink. This complex incentive structure provides multiple avenues for engagement but ultimately centers on the unconfirmed, high-potential reward of a future $INK airdrop.
