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Bitget Unleashes BLAST: The L2 Platform Where Your ETH Earns While You Sleep - Investment - Nairaland

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Bitget Unleashes BLAST: The L2 Platform Where Your ETH Earns While You Sleep by Bash4j(m): 9:05am On Jun 24
BLAST is the latest Ethereum L2 network that has garnered significant attention. Within hours of its launch, over $30 million in ether and stablecoins flowed into BLAST.

Native Yield: Unlike other L2s with a baseline 0% interest rate, BLAST offers impressive yields:
ETH: 4%
Stablecoins 5%

- Automatic Compounding: Depositors on BLAST start earning yields on their transferred ether alongside BLAST points. Over time, your 1 ETH grows to 1.04, 1.08, 1.12 ETH automatically!

Benefits of Listing BLAST on Bitget:
Listing BLAST on reputable platforms like this during the Token Generation Event (TGE) day can be advantageous for several reasons:

Visibility: the exchange is a well-established crypto exchange, and listing there ensures exposure to a wide user base.

Liquidity Trading on a reputable exchange provides liquidity, making it easier for users to buy and sell BLAST tokens.

Community Engagement: The exchange active community can participate in BLAST trading, staking, and other activities, fostering growth.

-Price Discovery: A TGE listing allows the market to determine BLAST's initial price, which can attract more investors.

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