A new gem in the cryptocurrency world. Blast shook the crypto world by raising $566 million - that’s how much investors have invested in the new Ethereum L2 Blast so far.
Blast features exclusive in-built yield mechanisms for ETH and Stablecoin steaking, providing a robust APY of up to 30%. This pioneering feature on a Tier 2 platform propels Blast forward, carving out a unique niche amongst its peers.
Other L2s don’t have yields, so the value of your assets depreciates over time.
The default interest rate for other L2s is 0%. On Blast it is 4% for ETH and 5% for stablecoins
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