š What Is Blast?
Blast is a Layer 2 blockchain built on top of Ethereum. Like other L2s (e.g., Arbitrum, Optimism, zkSync), it aims to: ā Lower gas fees
ā Boost transaction speed
ā Support Ethereum-compatible smart contracts
But hereās the key innovation:
š” Blast automatically puts your ETH and stablecoins to work.
ETH deposited on Blast earns ~4% native yield through ETH staking (via Beacon Chain validators).
Stablecoins (e.g., USDB, a native yield-bearing stablecoin) earn ~5% yield via on-chain protocols like MakerDAOās T-Bill strategies.
š ļø How Does It Work?
Blast achieves this yield model by natively integrating yield sources at the L2 protocol level. Rather than requiring individual dApps to deploy yield strategies:
ETH deposited on Blast is pooled and staked in ETH validators.
USDB (Blastās native stablecoin) is backed by assets earning yield through on-chain T-Bill proxies (e.g., MakerDAO).
š„ The BLAST Token
Utility:
Governance: Holders shape protocol upgrades, yield source selection, fee structure.
Incentives: BLAST tokens are distributed as part of liquidity, app mining, and ecosystem rewards.
Fee collection: A small portion of the native yield can be directed toward the BLAST treasury and stakers.
Initial supply: 100 billion BLAST
Distribution: 50% community incentives (airdrop, app mining, liquidity programs), 25% team & contributors, 20% investors, 5% ecosystem grants
š Growth & Ecosystem
Since launching in early 2025, Blast has seen:
Over $2 billion TVL within the first two months.
Hundreds of dApps migrating or launching natively (DeFi, NFTs, GameFi).
Top protocols like Blur, Pac Finance, and JuiceBox integrating with Blast.
Its unique yield model has attracted not just DeFi enthusiasts but also users from traditional finance seeking passive crypto exposure.
š® The Future of Blast
Onboard the next 100 million crypto users by making passive yield the default experience.
Expand to more yield sources (e.g., RWAs, decentralized treasuries).
