TVL Blast exceeded $400 million. The founder of Pacman responded to accusations that the project was a Ponzi scheme.
He explained that Blast profitability is being democratized and made available to everyone. Profit comes from staking ETH in Lido and from MakerDAO on-chain bonds, which are sustainable items in the economy. Pacman also dispelled rumors that Paradigm is involved in Blast, although they are consulting on the project. He noted that the Blast community has real value and deserves to be rewarded. The Blast team reported on the project's multi-sig security, saying that nothing is 100% secure. Security is provided by various multi-sig keys, which are stored in different places and managed by independent parties. Blast has already attracted a lot of attention, surpassing $400 million TVL in just a few days of launch, as well as sparking an 88% surge in the BLUR token.
