Blast’s TVL now stands at $837.02 million, up 27% from where it was seven days ago.
The L2 solution had a TVL of around $350 million on November 24.
In the short time since its introduction, the Ethereum Layer-2 network Blast has achieved a new Total Value Locked (TVL) milestone, according to statistics from DefiLlama.
According to the numbers, Blast’s TVL now stands at $837.02 million, up 27% from where it was seven days ago. The L2 solution had a TVL of around $350 million on November 24, according to DefiLlama’s statistics.
A significant portion of its expansion may be traced back to the distinctive business strategy it implemented. Tieshun Roquerre, better known by his stage name “Pacman,” is the brains behind the NFT marketplace Blur. His new platform uses an innovative yield generating strategy to reward users who stake their Ethereum or stablecoins.
Addressing Security Concern
Users are guaranteed a maximum payout of 4% on Ethereum staking, with stablecoin stakers stan
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