What is Blast (BLAST)?
Blast is an Ethereum Layer 2 solution that integrates native yield for ETH and stablecoins, making it a unique offering in the landscape of Ethereum Layer 2 protocols. This Layer 2 protocol is designed to distribute yield from decentralised protocols like ETH staking and on-chain T-Bill protocols directly to users, offering a 4% yield on ETH and a 5% yield on stablecoins. This approach addresses the issue where current Layer 2 solutions do not offer any yield, causing users to lose potential earnings to inflation. Blast operates as an EVM-compatible, optimistic rollup, ensuring that users and developers can leverage higher baseline yields without altering the familiar Ethereum experience.
