Anticipation sweeps through Ethereum’s Layer 2 ecosystem with the launch of Blast’s mainnet. However, controversy surfaces regarding Blast’s bridge and the framing of its incentive model. The Ethereum Layer 2 network, Blast, achieved a significant milestone on Thursday with the mainnet launch. The platform, equipped with assets like around 469,000 ETH, 77.3 million USDC, 67.1 million USDT, 148,000 stETH, and 24.7 million DAI, now enables users to withdraw their funds, as indicated by data from a Dune Analytics dashboard.
Conceived by Tieshun Roquerre, the visionary behind the NFT marketplace Blur, Blast is crafted to enhance yields for both ether and stablecoins, providing interest rates of 4% and 5%, respectively. The platform swiftly garnered attention, attracting over 180,000 community members and locking in over $2.3 billion in total value even prior to its official launch.
Conceived by Tieshun Roquerre, the visionary behind the NFT marketplace Blur, Blast is crafted to enhance yields for both ether and stablecoins, providing interest rates of 4% and 5%, respectively. The platform swiftly garnered attention, attracting over 180,000 community members and locking in over $2.3 billion in total value even prior to its official launch.
