Layer-2 Blast Total Value Locked Surpassed $2B Ahead of February 29 Mainnet Launch
Simply days forward of its mainnet launch scheduled for the tip of February, Ethereum layer-2 community Blast has surpassed $2.1 billion in complete worth locked (TVL).
Blast confronted additional controversy on February twenty sixth with the alleged “rug pull” of a playing protocol known as “Danger on Blast.” This undertaking raised over $1.35 million via a token presale, however the group allegedly transferred the funds and deleted their social media accounts.
Regardless of these controversies, Blast’s TVL progress suggests important curiosity from the crypto group. Notably, Blast affords native yields generated via established protocols like Lido and MakerDAO, in keeping with its founder, Tieshun Roquerre. Blast beforehand secured a $20 million seed funding spherical led by Paradigm and Commonplace Crypto.
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