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Blast
BLASTLayer 2

Blast

Symbol

BLAST

Type

Layer 2

Consensus

Optimistic Rollup

Launch Date

29-02-2024

Founder(s)

Pacman (Blur founder)

Developer

Blast Foundation

About Blast

Blast is an Ethereum Layer 2 network that offers native yield for ETH and stablecoins. Created by the team behind Blur (the leading NFT marketplace), Blast automatically generates yield on ETH deposits through Lido staking and stablecoin deposits through MakerDAO's T-Bills. This native yield feature means users' balances grow automatically without needing to interact with DeFi protocols. Blast uses an optimistic rollup architecture and has attracted significant TVL through its innovative yield mechanics.