Blast off! 🚀
Blast, the Ethereum Layer-2 solution with native yield and backed by Paradigm, is officially live.
Yet, users were able to make their way onto Blast much earlier than they had anticipated via an unofficial bridge.
With bridging costs ranging from anywhere between $50 to over $100 during the early hours of the network's launch, this didn't stop the horde of degens from interacting with new protocols and tokens.
However, the launch of the mainnet finally means that over $2.3B worth of user funds deposited for the network's pre-launch Blast Points program will finally be unlocked, allowing users to withdraw their funds.
According to Arkham Intelligence, most have had their fill of points, as funds held on Blast have fallen over 67% to just $753M at the time of writing.
While this may not bode well for protocols on Blast, some are already facing their own share of issues, with the Thruster DEX acknowledging and immediately fixing an issue with their front-end interface.
As to which tokens are currently trending on Blast, memecoins are always a fan favorite, with several of them clearly ahead of the rest, such as MIA, BCAT, and FINGER.
Editor's Take:
As with every new network these days, users are too concerned about getting in early and buying their way into the first DEX, first lending protocol, or first meme coin. However, it's important to remember that the risks are often far greater as there will be plenty of rug pulls and scam tokens launched to lure those who may be too trigger-happy with their funds. As such, it's sometimes better to wait, DYOR, and only risk what you are willing to lose.
0 Komentar untuk "🦎🚀 We're going on a trip, in our favorite rocket ship! 🏃"