Blast

Blast is an Ethereum Layer-2 scaling solution, aiming to address the limitations of the Ethereum network in terms of scalability and transaction speed. It's important to note that Blast is not built on its own blockchain, but rather operates on top of the Ethereum blockchain.

Here are some key points about Blast:

• Technology: Blast is a fork of Optimism, another popular Layer-2 solution, utilizing the Optimistic Rollup model. This means transactions are processed off-chain to improve efficiency, with final settlement and security relying on the Ethereum mainnet. Unique Features:
• Native Yield: Blast offers automatic yield generation for users who bridge ETH, stETH, or WETH to the platform. This yield, advertised as 4%, comes from staking the underlying ETH on Ethereum through Lido. Similarly, users bridging stablecoins (USDC, USDT, and DAI) receive a 5% yield through Blast's native stablecoin, USDB, generated by depositing the coins into real-world asset (RWA) protocols like MakerDAO.
• Shared Transaction Fee Revenue: Blast shares 100% of its sequencer transaction fee revenue with smart contract developers, incentivizing them to build on the platform.