Blast is a Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users. The default interest rate on other L2s is 0%. On Blast, it’s 4% for ETH and 5% for stablecoins. As an EVM-compatible, optimistic rollup that raises the baseline yield for users and developers without changing the experience cryptonatives expect.
- Auto Rebasing :ETH itself, is natively rebasing on the L2. The ETH balance for EOAs is automatically rebasing. Smart contracts can opt-in to this rebasing, making it easy to existing Dapps to deploy on Blast without any changes.
- L1 Staking : Blast only became possible following Ethereum’s Shanghai upgrade. ETH yield from L1 staking, initially Lido, is automatically transferred to users via rebasing ETH on the L2.
- T - Bill Yield: Users who bridge stablecoins receive USDB, Blast’s auto-rebasing stablecoin. The yield for USDB comes from MakerDAO’s on-chain T-Bill protocol. USDB can be redeemed for DAI when bridging back to Ethereum.
(Note: USDB here is Blaster's native stablecoin )
- Gas Revenue Sharing: Other L2s keep revenue from gas fees for themselves. Blast gives net gas revenue back to Dapps programmatically. Dapps developers can keep this revenue for themselves or use it to subsidize gas fees for users.