Question 1

What is Blast (BLAST)?

Accepted Answer

Blast is an Ethereum layer 2 scaling solution, designed to provide users with native yield opportunities for both Ether (ETH) and stablecoins. It operates on the principle of optimistic rollups, a technology aimed at enhancing the throughput of the Ethereum network while maintaining security and reducing transaction fees. Blast has become notable for offering a unique feature where the yield from Ethereum's Layer 1 staking, primarily through interfaces like Lido, is automatically transferred to users on the Layer 2. This process is facilitated through rebasing ETH on Blast, allowing users to earn yields directly on the platform​​.

Question 2

What is Blast (BLAST) used for?

Accepted Answer

Blast is primarily used for enhancing transaction speeds and reducing costs on the Ethereum network, thanks to its layer 2 framework. Users can bridge their ETH and stablecoins to Blast to earn native yields. Specifically, when users bridge stablecoins, they receive USDB, an auto-rebasing stablecoin backed by Blast, with yields derived from MakerDAO's on-chain T-Bill protocol. This mechanism creates an attractive environment for both yield seekers and developers, providing substantial incentives and sharing gas revenues with developers on the chain. Additionally, there is an airdrop mechanism intended to reward early users and contributors to the network, further incentivizing participation and investment in the Blast ecosystem​​.

Question 3

Who created Blast (BLAST)?

Accepted Answer

Blast was developed by a team led by Tieshun "Pacman" Roquerre, who is also known for creating Blur, a leading NFT marketplace on Ethereum. The project has received backing from notable investors in the cryptocurrency space, including Paradigm, Standard Crypto, eGirl Capital, Primitive Ventures, and others, collectively raising $20 million. This support underscores the industry's interest and belief in Blast's potential to contribute significantly to the Ethereum ecosystem​​​​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	BLAST-USDT BLAST_USDT	gateio	A	0.0₃3918USDT	-0.08%	961,228,895.00BLAST	16,074	0.0₃3921USDT	0.0₃4499USDT
2	BLAST-USDT BLASTUSDT	bybit	A	0.0₃3904USDT	-0.99%	905,134,840.10BLAST	9,040	0.0₃3943USDT	0.0₃4700USDT
3	BLAST-USD BLAST-USD	coinbase	AA	0.0₃3901USD	-2.09%	387,694,738.00BLAST	6,126	0.0₃3985USD	0.0₃4537USD
4	BLAST-USDT BLAST-USDT	kucoin	BB	0.0₃3910USDT	-2.01%	38,619,067.00BLAST	824	0.0₃3990USDT	0.0₃4540USDT
5	BLAST-USD BLAST_USD	cryptodotcom	AA	0.0₃3865USD	-1.23%	16,589,800.00BLAST	163	0.0₃3913USD	0.0₃4371USD
6	BLAST-KRW KRW-BLAST	upbit	B	0.5310KRW	-2.57%	35,260,038,171.65BLAST	37,270	0.5450KRW	0.6550KRW
7	BLAST-KRW BLAST_KRW	bithumbkorea	-	0.5248KRW	-2.05%	4,854,701,446.07BLAST	12,175	0.5358KRW	0.6120KRW
8	BLAST-USDT blastusdt	huobipro	C	0.0₃3959USDT	-1.49%	2,587,201,337.21BLAST	18,214	0.0₃4020USDT	0.0₃5190USDT
9	BLAST-USDT BLASTUSDT	bitrue	D	0.0₃3910USDT	0.26%	167,263,411.00BLAST	3,991	0.0₃3900USDT	0.0₃4470USDT
10	BLAST-THB THB_BLAST	bitkub	C	0.01340THB	-0.74%	12,293,471.11BLAST	50	0.01350THB	0.01439THB
11	BLAST-USDT BLAST-USDT	btse	-	0.0₃3895USDT	-1.69%	5,212,867.48BLAST	1,363	0.0₃3962USDT	0.0₃4455USDT
12	BLAST-KRW BLAST_KRW	coinone	C	0.5986KRW	27.09%	3,055,738.03BLAST	30	0.4710KRW	0.6000KRW
13	BLAST-BRL BLAST-BRL	mercadobtc	C	0.002359BRL	18.59%	481,345.70BLAST	10	0.001989BRL	0.002600BRL
14	BLAST-USDT USDT-BLAST	upbit	B	0.0₃3890USDT	24.64%	359,856.19BLAST	3	0.0₃3121USDT	0.0₃4500USDT
15	BLAST-BTC BTC-BLAST	upbit	B	0.0₇1000BTC	0.00%	0BLAST	0	0.0₇1000BTC	0.0₇1000BTC
16	BLAST-USDT BLAST_USDT	poloniex	C	0.0₃1700USDT	0.00%	0BLAST	0	0.0₃1700USDT	0.0₃1700USDT
17	BLAST-USDT BLASTUSDT	hitbtc	E	0.0₃2981USDT	0.00%	0BLAST	0	0.0₃2981USDT	0.0₃2981USDT