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Blast (BLSTR): The Only Ethereum L2 Offering Native Yield

Intermediate
Blockchain
Explainers
Altcoins
Mar 22, 2024
8 min read
0

One of the most exciting applications of blockchain technology is the ability to earn passive income. Through techniques like staking, investors can earn a risk-free interest rate while they wait for crypto prices to rise. Blast is a promising new network that's made crypto news because it's the only Ethereum L2 with native yield. How much money can you earn with Blast — and is it worth investing in? Discover the answers to these questions in our guide.

Key Takeaways:

  • Blast is an Ethereum Layer 2 network that provides token holders with extra rewards. 

  • Via auto rebasing and staking, Blast earns interest rates that are automatically passed back to Blast users, who can earn up to 5% interest rates.

What Is Blast?

Blast is an Ethereum Layer 2 network that provides token holders with extra rewards. Through auto rebasing and staking, Blast earns interest rates that are automatically passed back to Blast users, who can earn up to 5% interest rates

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