Blast to Distribute 10B Tokens during Phase 2 Airdrop, BLAST Tanks 11%
By Anisha Pandey
July 3rd, 2024
Following the announcement of the phase 2 airdrop, the native token of the L2 blockchain crashed by more than 11%.
Blast
-
$0.0185
-
1H
-0.50%$0.0001
24H
-12.3%$0.0026
7D
0.00%$0.0000
30D
0.00%$0.0000
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Market cap $322.16 M Full cap $1.85 B Volume 24H $195.42 M ATH $0.0300
Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast’s yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users. While other L2s have a default interest rate of 0%, Blast offers 3.4% yield for ETH and 8% for stablecoins. Blast is unique in providing builders with new building blocks: native yield and gas revenue sharing. Dapps can use these to build more competitive products and business models than on any other chain.
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