Another day... another Layer2 story! I started exploring Blast when they launched, as the chain would fit perfectly the current demand for airdrop hunting. Blast is the only Ethereum L2 with native yield for ETH and stablecoins, from ETH staking and RWA protocols. The yield from these decentralized protocols is passed back to Blast users automatically
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. In the future, the Blast community will have the power to supplement, or even fully replace, Lido Blast-native solutions or other third party protocols.