What is Blast Network - A Layer 2 Network for Passive Income (BLAST)

Introduction to Blast Network

Blast Network is an Ethereum Layer 2 solution offering native yields for ETH and stablecoins. This yield is generated through ETH staking and Real-World Asset (RWA) protocols, supporting automatic rebasing for ETH and USDB (Blast’s native stablecoin).

How Blast Network Works

Automatic Rebasing

Blast enables native rebasing for ETH (not WETH or other ERC-20 tokens), adjusting balances for EOAs (Externally Owned Accounts). Smart contracts can opt-in, making Blast compatible with existing dApps without modifications.

USDB Stability: Blast’s native stablecoin (USDB) also rebases automatically, backed by MakerDAO’s T-Bill yield mechanism.

T-Bill Yield

Stablecoins bridged to Blast convert to USDB, which earns yield via on-chain Treasury bills. Users can later bridge USDB back to Ethereum as DAI.

Gas Revenue Sharing

Unlike other L2s, Blast redistributes net gas fees to dApps, allowing developers to subsidize user transactions or retain earnings.

Key Advantages of Blast Network

1. Native Yields

Hold ETH/USDB in-wallet to earn 4–5% APY via auto-rebasing (no active staking required).
Integration with RWA protocols enhances yield sustainability.

2. EVM Compatibility

Seamless migration for Ethereum developers.

3. Scalability & Low Fees

Processes transactions faster and cheaper than Ethereum mainnet.

4. DeFi Innovation Hub

Early adopters earned BLAST points for airdrop eligibility by bridging ETH/USDB.

Blast Network Airdrop (June 26)

17% of total supply allocated to airdrops:
- 7% for users bridging ETH/USDB.
- 7% for dApp contributors.
- 3% to Blur Foundation for future community rewards.

👉 Claim your BLAST tokens here

How to Participate

Bridge Assets: Transfer ETH/USDB to Blast L2 to earn points.
Engage with dApps: Boost points via ecosystem interactions.
Referrals: Earn 16% of friends’ points.

FAQ

Q: How do I connect MetaMask to Blast?
A: Visit Blast’s bridge, approve the network, and transfer assets.

Q: Where to buy BLAST tokens?
A: Trade BLAST/USDT on MEXC’s assessment zone.

Q: What’s BLAST’s current price?
A: $0.02457 (live tracking available).

👉 Start trading BLAST today

Final Thoughts

Blast Network merges passive income with scalability, positioning itself as a top L2 choice for ETH holders. Its airdrop incentives and EVM compatibility further drive adoption.

Pro Tip: Monitor Blast’s dApp ecosystem for additional yield opportunities!