Interest in upcoming Ethereum layer-2 network Blast is bringing lots of cash with it. According to DeFi Llama, total value locked (TVL) in the project now stands at over $405 million just days after the project was announced—and it’s growing fast. 

Blast is a new Ethereum scaling network announced on Tuesday. In the crowded market of layer-2 networks (like Arbitrum and Optimism), developers come up with ideas to make it quicker, easier, and cheaper for people to do things on Ethereum’s sometimes slow and costly blockchain. 

This particular project is led in part by Tieshun “Pacman” Roquerre, who co-founded Blur, the largest NFT marketplace in the space. Blur is known for giving traders ample rewards for using and remaining loyal to the marketplace, and Blast apparently aims to do much the same

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Author: Mathew Di Salvo

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