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Jun 25 9 tweets 3 min read Read on X
IT’S TIME FOR $BLAST

The Blast Foundation will airdrop BLAST to the community tomorrow, June 26 at 10AM EST, 10PM HKT, 4PM CET.

Q2 highlights and tokenomics below 👇 Image
In its first 100 days, Blast Dapp TVL grew to $2 Billion USD, making it the fastest growing chain in history across all L1s and L2s. Image
Blast is already the 6th largest onchain economy globally by both Dapp TVL and Dex Volume. Blast is also a top 5 chain by user fees paid. Image
It’s not just TVL, Blast daily transactions and users have been consistently growing and hitting new ATHs. Image
Blast is also the only chain with a native stablecoin. Unlike other chains that rely on third party stablecoins which don’t give yield, Blast’s USDB ensures the community retains the value of their yield. USDB is already the 5th most used and 4th most held stablecoin globally. Image
Most EVM chains have the same multichain Dapps you see everywhere because the chains don’t provide new capabilities for builders. Blast uniquely provides new primitives: native yield and gas revenue sharing. After only 4 months Blast has more native Dapps than any other EVM chain Image
To learn more about Blast and $BLAST tokenomics, check out the full Q2 report: assets.blast.io/en/q2-2024.pdf
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The Blast Foundation will continue to prioritize the Blast community in the development of the Blast Vision, which will be shared June 26. Image
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Be wary of accounts attempting to impersonate Blast.

The official twitter is @BLAST_L2.

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More from @Blast_L2

Jun 24
Introducing the Blast Foundation.

The Foundation was created to support the community in achieving the Blast Vision, which will be shared publicly on June 26.
Until now this account and website was managed by @ArcadeResearch, a Blast development company.

As part of the transition towards a decentralized governance structure, this Twitter, the website, and governance of the Blast protocol are being transitioned to Foundation control.
More information will be shared shortly.

TURN NOTIFICATIONS ON so you don't miss them.
Read 4 tweets
May 3
Introducing the Blast Jackpot — a new way for Blast token and NFT holders to earn Gold.

All Blast token and NFT holders are eligible to win the 1,000,000 Gold Jackpot!

Learn how 👇 Image
Blast has been live for 64 days. In this time 907,018 users have deposited $2.64 Billion to Blast, and deployed $1.52 Billion into over 100 Blast Dapps. Image
During this time, ETH and USDB holders have earned Points, while Dapp users have earned Gold.

Starting today, token and NFT holders can earn Gold too.

The Blast Jackpot randomly rewards holders on Blast with Gold.
Read 7 tweets
Feb 29
The Blast Mainnet is NOW LIVE

Early Access users can bridge to Mainnet and use Blast-native Dapps that don’t exist anywhere else👇 Image
To recap, Blast is the L2 with native yield. ETH and stablecoin balances on Blast are automatically yield bearing. This increases capital efficiency for users and unlocks new possibilities for Dapps.
During our Early Access phase, 181,888 community members bridged $2.3B to Blast. These community members are earning $85 million per year in native yield + Blast Points. Image
Read 9 tweets
Feb 24
Big Bang judging is COMPLETE.

3000+ teams started building on Blast during the competition.

We hand-picked 47 winners with help from @Izebel_eth @danrobinson @0xfoobar @_jaechung @loomdart @cl207 @caseykcaruso @santiagoroel @rewkang @will__price @Evan_ss6

Winners below👇 Image
Before we highlight winners, we want to make one thing clear:

It’s impossible to get it 100% right.

50% of YC founders were previously rejected before getting accepted.

There are going to be incredible teams that we missed in the judging.
While we are excited to highlight the winners, we are just as excited about the teams who submitted who didn’t get selected.

The average quality of submissions was impressively high, which made it all the more challenging to select winners.
Read 8 tweets
Nov 24, 2023
On multisig security.

Read this thread to understand the security model of Blast along with other L2s like Arbitrum, Optimism, and Polygon.
There are often misunderstandings when it comes to security. Security exists on a spectrum (nothing is 100% secure) and it's nuanced with many dimensions. There's smart contract security, browser security, physical security. Each dimension has separate attack vectors.
Having an immutable smart contract may seem like a "more secure" option. But, especially in complex contracts, it can be less secure than an upgradeable contract.
Read 12 tweets
Nov 20, 2023
Introducing Blast: The only Ethereum L2 with native yield for ETH and stablecoins.

We’ve raised $20m from @Paradigm and @StandardCrypto to build the L2 that helps you earn more.

Details on how to get early access at the end of the thread👇 Image
Why another L2?

Blast is built on the principle that markets march towards efficiency. More specifically, liquidity flows to where it can get the highest yield.
There are different types of yield. One type of yield is the risk-free interest rate (RFR). The most famous RFR is in the US economy. The Fed controls inflation via interest rates and you can access it via T-Bills. If you don’t beat these rates, you are losing money to inflation.
Read 14 tweets

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