Blast Launches Ethereum L2 Mainnet, Unlocking $2.3 Billion in Staked Crypto

THE around 180,000 Blast users to have initially took of $400 million Since THE network After It is main network launch unblocked billion of staked crypto For THE First of all time.

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Around $400 million In Ether (ETH) has has been taken out of THE Ethereum layer-2 network Blast After THE launch of It is main network on Feb. 29 has 9:00 a.m. p.m. UTC — unlocking almost $2.3 billion In staked crypto previously locked up on THE network.

THE optimistic accumulation blockchain the scaler gives users up has 5% annual percentage yield on Ether and stable coins detained on THE network generated Since staked ETH And United States Treasury Invoices (Goods of treasure) managed by blockchain protocol And Dai (DAI) stable coin Creator MakerDAO.

Cryptocurrency sent has THE network was locked In Before THE main network launch, giving It is 180,000 users No path has withdraw sent funds until now.

Blast total value locked (TVL) saw A high of $2.27 billion on ...