Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact
Blast's invite mechanism could be either the best way to add new users or a pyramid scheme, depending on whom you ask.
▪︎More than $225 million has been deposited since Monday, despite withdrawals being closed until March.
▪︎Users can receive "Blast points" for staking assets and referring new users, a reward program some observers say is reminiscent of a pyramid scheme.
▪︎Blast is now the seventh-largest holder of staked ether.
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