The Ethereum Layer2 network Blast community recently released a new proposal to solve the narrative problem by repurchasing BLAST tokens. The proposal suggests that earnings be converted into BLAST tokens, and depositors will directly receive liquid BLAST tokens instead of ETH or USDB.

Currently, there are $1.2 billion in earnings assets on Blast L2, with an expected annual yield of 3%, which can generate $36 million per year for the repurchase of BLAST. This is equivalent to a market bid of about $100,000 per day, which may cause the price to fluctuate by +4.8% per day.

This proposal not only increases the buying pressure on BLAST tokens, but also aims to increase user engagement and lay the foundation for future growth and mobile application releases. 📈✨