Two-day-old Blast draws $135m as investors seek yields and airdrops and there's airdrop too.
Less than 48 hours after its announcement, the new blockchain project Blast has won over investors lured by the promise what it calls ânative yieldâ on Ether and stablecoin deposits.
Blast, a so-called layer 2 blockchain designed to help Ethereum scale, now holds over $135 million worth of crypto assets consisting of Ether, Lido staked Ether, and MakerDAOâs stablecoin DAI. Holders can earn 4% on their Ether and 5% on stablecoins.
âȘïžInvestors deposit more than $135 million in Blast, a layer 2 blockchain that's yet to be launched.
âȘïžBlast promises what it calls native yields on Ether and stablecoins.
âȘïžAnd there's airdrop too.
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