Introducing Blast: The only Ethereum L2 with native yield for ETH and stablecoins.
We’ve raised $20m from @Paradigm and @StandardCrypto to build the L2 that helps you earn more.
Why another L2?
Blast is built on the principle that markets march towards efficiency. More specifically, liquidity flows to where it can get the highest yield.
There are different types of yield. One type of yield is the risk-free interest rate (RFR). The most famous RFR is in the US economy. The Fed controls inflation via interest rates and you can access it via T-Bills. If you don’t beat these rates, you are losing money to inflation.
Ethereum now has a version of the RFR in the form of ETH staking. You can earn 3-4% on your ETH via staking, and that alone has sucked up $20B of liquidity.
More on X of #Blast
