Blast, a cutting-edge Layer 2 (L2) platform, is redefining how users can earn yield on their balances. Built on the principle that liquidity gravitates towards the highest yield opportunities, Blast is leading the charge in the realm of Yield-bearing Assets. This innovative approach enables stablecoins and other native tokens to maintain their yield even after being transitioned to the Blast chain.
Notably, Blast is a brainchild of the co-founder of the BLUR Marketplace, which has already made a mark in the cryptocurrency space. The platform recently garnered over $20 million in a funding round, backed by industry heavyweights like Paradigm and Standard Crypto.
Drawing parallels with BLUR's strategy, Blast is expected to follow suit with airdrops, especially given its shared leadership. This presents a promising opportunity for early adopters and enthusiasts in the crypto community.
For those interested in getting involved, deposits to BlastL2 are currently available through a bridge from Ethereum, as the platform has now launched on the mainnet. However, access is invite-only at this stage. Participants in this Early Access phase are rewarded with Blast Points, a form of recognition for their early involvement.
To join, one needs to obtain an invite link you can use the following codes. Verification through Twitter and Discord is required, followed by a check on potential airdrop eligibility.
blast.io/PJFEW
blast.io/MD8N0
blast.io/69XC1
blast.io/8OEK5
blast.io/AYCZX
blast.io/EPY5N
blast.io/V5XPY
blast.io/BPZXT
While withdrawals are not possible until February 2024, funds deposited will continue to yield returns. Users are advised to transfer a small amount of Ethereum (ETH) when fees are low (under 20 Gwei), starting with a modest sum like $10 to mitigate risk due to the project's novelty. Once the ETH amount is entered and the transaction is confirmed on Ethereum, users can view their points on the Blast platform.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.