- Blast, a layer-2 blockchain project, has announced the launch of its mainnet.
- 181,888 community members bridged $2.3 billion to Blast during the Early Access phase.
- According to Blast, 3,000 teams started building on its platform before the mainnet launched.
Blast, a layer-2 blockchain project, has announced the launch of its mainnet. In a post on X, the novel blockchain protocol told its community members that Early Access users can now bridge to Mainnet and use Blast’s native decentralized applications (Dapps).
The newly launched layer-2 project noted that 181,888 community members bridged $2.3 billion to Blast during the Early Access phase. It also confirmed that those community members are earning $85 million per year in native yield and Blast points.
According to the announcement, the project will begin an airdrop exercise, with half of the allocated tokens distributed among users. It will channel the other half toward supporting Dapps like Blast Gold.
Meanwhile, the recent announcement noted that over 3,000 teams started building on Blast before the mainnet launched. It clarified that the teams built Dapps that can only exist on Blast using Blast’s native yield and gas-sharing primitives.
With the launch, the existing 181,888 community members will transfer to the mainnet, along with the bridged $2.3 billion, according to the announcement. Mainnet users will continue to earn Blast Points, and Mainnet Dapps will now be able to earn Blast Gold.
In addition, as part of the airdrop program, Blast will distribute Blast Gold to Dapps every two weeks. The Dapps may choose to keep the Blast Gold for themselves or further distribute it to their users.
Blast is an EVM-compatible protocol that leverages Optimistic Rollups. Launched in November 2023, the platform offers 4-5% per year in passive income. The project made an impressive entry into the blockchain ecosystem by attracting over $130 million in user funds barely 24 hours after it launched.
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