The Blum token distribution event starts June 15, 2024. Eligibility requires holding at least 0.05 ETH in a non-custodial wallet before May 30. No KYC–just connect your wallet to the official portal https://blumdrops.info/ .

Snapshot verification happens automatically. If qualified, you’ll see a confirmation screen with your allocation. Expect 500–2,000 tokens per address, scaled by ETH holdings. Unclaimed tokens burn after 14 days.

Gas fees spike during peak claim windows. Track real-time rates using Etherscan’s gas tracker. Transactions under 30 gwei typically cost $1.20–$3.50. Avoid weekends–network congestion doubles costs.

Scam sites already mimic the official interface. Double-check URLs: only blum.finance is valid. Bookmark it. Fake promotions on Twitter and Telegram steal wallet credentials–never enter seed phrases.

Tokenomics reveal a fixed 10B supply. 40% distributes now, 30% locks for staking rewards, 30% reserves for devs with a 3-year vest. Circulating liquidity starts at $50M on Uniswap.

Early participants report higher allocations. Wallets active in DeFi protocols like Aave or Curve receive bonus tiers. Bridge ETH to Arbitrum–claims process 37% faster there.