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@Blast_L2
  just dropped its fifth gold distribution

Here's my quick thoughts and insights👇

1. Category weights nerfed
After fourth gold distribution, I argued category weights were secret kingmakers. That's no longer true with distribution 5

Previously highly weighted categories (spot dex, socialfi) were nerfed. Lower weighted categories stayed the same

Learning crypto at Electric Capital
Former investor at Princeton endowment
NYC maxi 

Effectively, Blast is bringing all categories to a more even playing field.

2. Dapp weight is king
That means Dapp weight (platinum, gold, silver, or bronze) is even more important. It determined the winners and losers of distribution 5:

3. So what!?
IMO, this means Blast is entering a new phase in its gold incentive program

It bootstrapped robust liquidity markets with Thurster. It captured attention by leaning into the socialfi and gamefi meta

Now it's time to lean into apps that are working, and that take advantage of Blast's unique offerings: native yield and native gas fee sharing.

The airdrop is around the corner. Blast needs to make sure liquidity & users stick around afterwards

Leaning into core differentiation from other L2s is key to retaining both

Dapps that maintained their dapp weight from distribution 4 to 5 saw only a slight dip in their gold captured. See Thruster and @fantasy-top

Dapps that increased their dapp weight got a massive gold bump. See Blitz, Wasabi, Blastr

Dapps that decreased their dapp weight got knocked. See DistrictOne and CryptoValleys