AliceCrypto

One post to understand $BLUR 's new Layer 2 #Blast 🔥

⛓️ Tech: based on Optimistic Rollup, bridge to earn staking rewards on the Layer2.

🖼️ Product: users' balances will automatically compound on Blast, earning additional Blast rewards - when users transfer ETH or stables to Blast, it will be deposited into MakerDAO etc. to earn treasury yield, and the returns will be transmitted back to Blast users through its native stablecoin, USDB. .

🚀 Team: Led by Blur's CEO Pacman and a team with deep experience from MakerDAO, MIT, Yale, Seoul National University, etc.

⭐ Airdrop: Similar to Blur, Blast's airdrops aim to build long-term incentives. Official website indicates the community airdrop to be: early members (50%) and developers (50%).

🧭 Timeline: Testnet- Jan 2024, Mainnet- Feb 2024; Blast's substantial points system incentives may attract many developers & dApps.

💰 Funding: $20mil VC backing from Paradigm, Standard Crypto, eGirl Capital, etc.; Additional $40mil for community