The post New Arrivals In The Blast Ecosystem: The First Launchpad appeared first on Coinpedia Fintech News
While the Merge of the Ethereum network remains one of the most well-known updates in the crypto industry, later updates to the network have also left their mark. Blast, for example, an L2 Ethereum-based protocol, proudly proclaims that it was only made possible by the Shanghai update. The update allowed for the withdrawal of staked Ether, giving users more flexibility and an opportunity for Blast to develop the first Ethereum L2 with native yield for ETH and stablecoins. The Shanghai update subsequently opened up more opportunities for the projects building on Blast, including the ecosystem’s first launchpad, Blastup, which just went live.
By introducing native yield to its network, Blast has been able to generate a higher interest rate for users to benefit from, offering 4% for Ethereum and 5% for stablecoins. The yield that Blast earns from RWA protocols and ETH staking is
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