The Ethereum Layer 2 (L2) network, Blast, has announced that it will conduct a token airdrop on June 26. In the official announcement, it is stated, “We know that this is beyond our initial estimation of May, and we apologize for the delay. As a result, we will increase the airdrop allocation.” Additionally, the official emphasized that there will be two rounds of Gold token distribution before the token airdrop.
Blast is an L2 network built on Optimistic Rollup by Pacman, the founder of NFT trading platform Blur. One of the network’s features is the ability to help users earn passive income automatically. According to the official introduction, typical L2 networks only custody assets transferred by users across chains in smart contracts, which reduces capital efficiency. Compared to other investors who earn income from these transfers, their assets may incur losses due to some form of inflation. Blast network solves this problem.
When users transfer ETH and stablecoins from the Ethereum mainnet to the Blast network, the assets on the Ethereum mainnet will be stored in a place where they can earn stable returns automatically (such as Lido or Maker) for users.
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