Market Data & Token Stats
| Fully Diluted Valuation | $52.06M |
|---|---|
| 24H Trading Volume | $2.07M |
| 24H Low / High | $0.0004970 / $0.0005211 |
| Circulating Supply | 59.99B |
| Total Supply | 100.00B |
| Max Supply | 100.00B |
Key Project Information
| Categories | Smart Contract Platform 4 more |
|---|---|
| Founder | Tieshun Roquerre |
| Website | blast.io |
| Socials | |
| Chains | Blast Ecosystem |
| Explorer | Arkm 3 more |
| Contracts |
0xb1a....8e2ad
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Blast (blast) Expert User Reviews
Is Blast safe or a scam? Read verified Crypto OG reviews about Blast
$blast Markets
| Name | Pair | OG Score |
|---|
About Blast
Blast (BLAST) is an innovative Layer 2 (L2) blockchain solution designed to provide higher yields on ETH and stablecoins by integrating decentralized finance (DeFi) protocols directly into its system.
Why a New L2?
Current L2 solutions do not offer the yield benefits found on Ethereum's main network. Ethereum now provides a 4% yield on ETH through staking and on-chain T-Bill protocols offer a 5% yield on stablecoins. Blast was created to incorporate these yields, ensuring users do not lose money to inflation and providing 4% yield for ETH and 5% for stablecoins.
How Blast Works
Auto Rebasing:
On Blast, ETH and the native stablecoin, USDB, automatically adjust their balances (rebase) for user accounts and smart contracts. This means users receive yield directly in their balance without needing to convert or wrap tokens.
L1 Staking:
Blast uses ETH yield from Ethereum's L1 staking (initially through Lido) and distributes it to users via rebasing ETH on the L2. In the future, the Blast community can choose to use other protocols or develop Blast-native solutions for staking.
T-Bill Yield:
Stablecoins bridged to Blast are converted into USDB, which gets yield from MakerDAO’s on-chain T-Bill protocol. Users can redeem USDB for USDC when returning to Ethereum. The community can later decide to use other yield sources or Blast-native solutions.
Gas Revenue Sharing:
Blast shares net gas fee revenue with Dapp developers. This allows developers to either keep the revenue or use it to lower gas fees for their users.
Conclusion
Blast (BLAST) offers a new way for users to earn higher yields on ETH and stablecoins while providing Dapp developers with new revenue opportunities. By integrating these yields and revenue-sharing directly into the L2, Blast creates a more profitable and innovative environment for the DeFi community.
What is unique about Blast (BLAST)?
Blast (BLAST) is unique because it integrates native yield mechanisms directly into its Layer 2 solution, providing users with automatic rebasing for ETH and stablecoins and sharing gas revenue with Dapp developers.
Who are the founders of Blast (BLAST)?
The founder of Blast (BLAST) is Tieshun Roquerre.
Where can I buy Blast (BLAST)?
You can buy Blast (BLAST) on Bybit, Coinbase, Gate.io, MEXC, Bitget cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Blast Official Website and Blast X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
Join
OGAudit
