Layer 2 blockchain project Blast received more than $1 billion in deposits in just two months.
According to Defi Llama data, users have already accessed the bridge that Blast opened last month. $1 billion staked Ethereum (stETH) And $103 million DAI deposited.
Users receive a return of approximately 5% on their deposits, in addition to Blast Point He receives an award known as.
To the platform By recruiting members through referrals Points can also be obtained. Blast Points, It will be available in the airdrop to be held in May 2024.
Although Blast has started receiving deposits from users, this process has not yet been completed. It works one way. Blast’s mainnet will open next year and users will be able to access it by then. They will not be able to withdraw the money they deposited..
The Blast team’s plan drew reaction from some people who invested in the project. Dan Robinson, a researcher at investment firm Paradigm, decided to start collecting deposits without allowing users to withdraw money. He said they did not participate.