Known for its meteoric rise and contentious reputation, BLAST has sparked intense debate within the crypto community. While it has quickly become the fastest-growing blockchain of all time, it has also faced significant scrutiny.
XingChiThe native token of Ethereum Layer 2 Blast has rebounded following an airdrop, in which 17% of the supply was sent to eligible users.
JinseFinanceOn June 26, 2024, Blast announced its token economics. The total supply of BLAST is 100 billion, 50% of which will be airdropped to the community, with an initial airdrop of 17 billion. Golden Finance has compiled detailed information on Blast's token economics for readers.
JinseFinanceBlast pre-transaction pricing FDV is $2.88 billion, which is almost at the same level as $ZK.
JinseFinanceCurrently, more than 8 billion SUI have been staked, and more than 84% of the staked supply is held by the founding team.
JinseFinanceDue to Blast's own profitability (~4% for ETH/WETH and ~5% for USDB), wallet balances will also increase over time, as will points earned in the ecosystem.
JinseFinanceIt's clear that Blast has put itself in the enviable position of thriving in this new bull market, using its product and community commitment to stand out from the crowd of upstart L2s.
JinseFinanceBlast's founder addressed concerns about the platform, emphasizing the legitimacy of its high yields and clarifying the role of Paradigm. Additionally, Blast sought to explain its multisig security model, aiming to dispel criticism about its control by a limited number of individuals.
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