Name: Blast
SKU: BLAST
Price: 0.002949056025 USD

<p>Blast yield comes from ETH staking and RWA protocols. The yield from these decentralized protocols is passed back to Blast users automatically. The default interest rate on other L2s is 0%. On Blast, it’s 4% for ETH and 5% for stablecoins.</p><h3><strong>Why a new L2</strong></h3><p style="text-align: start">After the merge, Ethereum provides 4% yield on ETH. On-chain T-Bill protocols provide 5% yield on stablecoins. If users do not match or beat these rates, they are losing money to a form of inflation.</p><p style="text-align: start">L2s today do not have this yield. Incorporating ETH and stablecoin yield natively requires a new L2 designed from the ground up. Blast is an EVM-compatible, optimistic rollup that raises the baseline yield for users and developers without changing the experience cryptonatives expect.</p><p style="text-align: start">This yield makes it possible to create new business models for Dapps that aren’t possible on other L2s.</p><h3><strong>How Blast works</strong></h3><p>Auto Rebasing</p><p style="text-align: start">ETH itself, not WETH, STETH, or any other ERC20, is natively rebasing on the L2. The ETH balance for EOAs is automatically rebasing. Smart contracts can opt-in to this rebasing, making it easy to existing Dapps to deploy on Blast without any changes.</p><p style="text-align: start">USDB, Blast’s native stablecoin, is automatically rebasing as well. Like ETH on Blast, USDB is automatically rebasing for EOAs. USDB is also automatically rebasing for smart contracts. Smart contracts can opt-out from this rebasing.</p><h3 style="text-align: start"><a target="_blank" rel="noopener noreferrer nofollow" class="-ml-10 flex items-center opacity-0 border-0 group-hover:opacity-100" href="https://docs.blast.io/about-blast#l1-staking"><strong>​</strong></a>L1 Staking</h3><p style="text-align: start">Blast only became possible following Ethereum’s Shanghai upgrade. ETH yield from L1 staking, initially Lido, is automatically transferred to users via rebasing ETH on the L2.</p><p style="text-align: start">In the future, the Blast community will have the power to supplement, or even fully replace, Lido Blast-native solutions or other third party protocols.</p><p>T-Bill Yield</p><p style="text-align: start">Users who bridge stablecoins receive USDB, Blast’s auto-rebasing stablecoin. The yield for USDB comes from MakerDAO’s on-chain T-Bill protocol. USDB can be redeemed for USDC when bridging back to Ethereum.</p><p style="text-align: start">In the future, the Blast community will have the power to supplement, or even fully replace, MakerDAO with Blast-native solutions or other third party protocols.</p><h3 style="text-align: start"><a target="_blank" rel="noopener noreferrer nofollow" class="-ml-10 flex items-center opacity-0 border-0 group-hover:opacity-100" href="https://docs.blast.io/about-blast#gas-revenue-sharing"><strong>​</strong></a>Gas Revenue Sharing</h3><p style="text-align: start">Other L2s keep revenue from gas fees for themselves. Blast gives net gas revenue back to Dapps programatically. Dapps developers can keep this revenue for themselves or use it to subsidize gas fees for users.</p>

Blast Ecosystem

LayerZero Ecosystem

Get airdrop

Launchpool Page On Gate

Community

Investors

Airdrop (Blast Points)

Blast Foundation

Airdrop (Blur Foundation)

Core Contributors

Airdrop (Blast Gold)

<p>Blast raised over $20 million in a round led by Paradigm and Standard Crypto and is headed by pseudonymous figurehead PacmanBlur, one of the co-founders of NFT marketplace Blur.</p>

Blast

Blast is an EVM-compatible optimistic rollup blockchain platform built on top of Ethereum by creators of Blur.

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

Sensay

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

Cyber Arena

SpaceN

BRC App

Animoca Brands

Engines of Fury

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Community	33%	-	-
Core Contributors	25.5%	-	25.5%
Investors	16.5%	-	16.5%
Blast Foundation	8.00%	1.52%	6.43%
Airdrop (Blast Points)	7.00%	7.00%	-
Airdrop (Blast Gold)	7.00%	7.00%	-
Airdrop (Blur Foundation)	3.00%	3.00%	-

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