{"id":11208,"date":"2024-03-01T10:17:56","date_gmt":"2024-03-01T08:17:56","guid":{"rendered":"https:\/\/forklog.com\/en\/blast-mainnet-launch-sees-1-3-billion-withdrawn-by-users\/"},"modified":"2024-03-01T10:17:56","modified_gmt":"2024-03-01T08:17:56","slug":"blast-mainnet-launch-sees-1-3-billion-withdrawn-by-users","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blast-mainnet-launch-sees-1-3-billion-withdrawn-by-users\/","title":{"rendered":"Blast Mainnet Launch Sees $1.3 Billion Withdrawn by Users"},"content":{"rendered":"<p>On February 29th, developers of the Ethereum Layer 2 solution, Blast, launched the mainnet, unlocking over $2.3 billion for withdrawal.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Blast Mainnet is NOW LIVE<\/p>\n<p>Early Access users can bridge to Mainnet and use Blast-native Dapps that don\u2019t exist anywhere else? <a href=\"https:\/\/t.co\/mt5dJOADMp\">pic.twitter.com\/mt5dJOADMp<\/a><\/p>\n<p>\u2014 Blast (@Blast_L2) <a href=\"https:\/\/twitter.com\/Blast_L2\/status\/1763316176263008551?ref_src=twsrc%5Etfw\">February 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Blast is an <span data-descr=\"Ethereum Virtual Machine \u2014 \u0432\u0438\u0440\u0442\u0443\u0430\u043b\u044c\u043d\u0430\u044f \u043c\u0430\u0448\u0438\u043d\u0430 Ethereum\" class=\"old_tooltip\">EVM<\/span>-compatible scaling protocol utilizing Optimistic Rollups. The platform offers a passive income of 4-5% annually.\u00a0<\/p>\n<p>The project was launched in November 2023 by the founder of the NFT marketplace Blur, under the pseudonym Pacman. Initially, the protocol lacked even a test network and invited users to deposit coins via a bridge.\u00a0<\/p>\n<p>The Blast team had stated that asset withdrawals would only be possible after the mainnet launch. Over several months, the total value locked (TVL) on the platform exceeded $2.3 billion with 180,000 users.\u00a0<\/p>\n<p>According to <a href=\"https:\/\/defillama.com\/protocol\/blast?usdInflows=false&#038;denomination=USD\">DeFi Llama<\/a>, with the mainnet launch, the protocol&#8217;s TVL plummeted by $1.3 billion to $906 million.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/Jj8SbXGOsp6Y1krUPkDBx4Nko_EGra4uxaUc5duGfBlJ6H1DARe8vPW5waG9_XrFaGRtKjDCsD77qfVIpysfqsmgzBDkqmDa1RZU5JcRIOpei-MvlS9-Ir6R0jt_z6xzsevk4GA9z5np-0rUrPMvXD4\" alt=\"\u041f\u043e\u0441\u043b\u0435 \u0437\u0430\u043f\u0443\u0441\u043a\u0430 \u043c\u0435\u0439\u043d\u043d\u0435\u0442\u0430 Blast \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0438 \u0432\u044b\u0432\u0435\u043b\u0438 $1,3 \u043c\u043b\u0440\u0434\"\/><figcaption class=\"wp-element-caption\">TVL Blast. Data: DeFi Llama.\u00a0<\/figcaption><\/figure>\n<p>The L2 network likely garnered significant attention due to the announced airdrop of native BLAST tokens, scheduled for May. Early users received additional points for depositing assets via the bridge.\u00a0<\/p>\n<p>According to the Blast team, users may currently encounter various issues such as incorrect balances or missing bonus points.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Besides this, there are two issues with invite Points:<\/p>\n<p>1. Some users are seeing less Points than they originally had from Early Access. This is because Points from invites are not correctly reflected in the Dashboard.<br \/>2. Some users are seeing a smaller bonus than 10x. This is\u2026 <a href=\"https:\/\/t.co\/OrZy8i3f9r\">https:\/\/t.co\/OrZy8i3f9r<\/a><\/p>\n<p>\u2014 Blast (@Blast_L2) <a href=\"https:\/\/twitter.com\/Blast_L2\/status\/1763325592613577152?ref_src=twsrc%5Etfw\">February 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>For those experiencing connectivity issues with the Blast network, developers have recommended adjusting <span data-descr=\"\u0443\u0434\u0430\u043b\u0435\u043d\u043d\u044b\u0439 \u0432\u044b\u0437\u043e\u0432 \u043f\u0440\u043e\u0446\u0435\u0434\u0443\u0440\" class=\"old_tooltip\">RPC<\/span> settings.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">If you are having trouble connecting to Blast Mainnet, try connecting to one of the alternative RPCs <a href=\"https:\/\/t.co\/cikbAG7Ywc\">https:\/\/t.co\/cikbAG7Ywc<\/a> <a href=\"https:\/\/t.co\/LQvZYc5hTN\">pic.twitter.com\/LQvZYc5hTN<\/a><\/p>\n<p>\u2014 Blast (@Blast_L2) <a href=\"https:\/\/twitter.com\/Blast_L2\/status\/1763331881557442623?ref_src=twsrc%5Etfw\">February 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, on February 25th, the L2 network experienced its first <span data-descr=\"\u043f\u0440\u0430\u043a\u0442\u0438\u043a\u0430 \u043f\u043e \u043d\u0430\u043a\u0430\u0447\u0438\u0432\u0430\u043d\u0438\u044e \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0441\u043e\u0437\u0434\u0430\u043d\u043d\u043e\u0433\u043e \u0442\u043e\u043a\u0435\u043d\u0430 \u0432 \u043f\u0443\u043b\u0435 \u043b\u0438\u043a\u0432\u0438\u0434\u043d\u043e\u0441\u0442\u0438 \u0441 \u043f\u043e\u0441\u043b\u0435\u0434\u0443\u044e\u0449\u0438\u043c \u0440\u0435\u0437\u043a\u0438\u043c \u0432\u044b\u0432\u043e\u0434\u043e\u043c \u0441\u0440\u0435\u0434\u0441\u0442\u0432; \u0432\u043f\u043e\u0441\u043b\u0435\u0434\u0441\u0442\u0432\u0438\u0438 \u0434\u0440\u0443\u0433\u0438\u0435 \u0443\u0447\u0430\u0441\u0442\u043d\u0438\u043a\u0438 \u043f\u0443\u043b\u0430 \u043e\u0441\u0442\u0430\u044e\u0442\u0441\u044f \u0441 \u043e\u0431\u0435\u0441\u0446\u0435\u043d\u0438\u0432\u0448\u0438\u043c\u0438\u0441\u044f \u0430\u043a\u0442\u0438\u0432\u0430\u043c\u0438\" class=\"old_tooltip\">rug pull<\/span> \u2014 developers of RiskOnBlast <a href=\"https:\/\/forklog.com\/en\/news\/developers-of-riskonblast-execute-1-25-million-rug-pull-in-blast-network\">withdrew<\/a> 420 ETH worth approximately $1.25 million, shutting down the website and social media.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 29th, developers of the Ethereum Layer 2 solution, Blast, launched the mainnet, unlocking over $2.3 billion for withdrawal.\u00a0 The Blast Mainnet is NOW LIVE Early Access users can bridge to Mainnet and use Blast-native Dapps that don\u2019t exist anywhere else? pic.twitter.com\/mt5dJOADMp \u2014 Blast (@Blast_L2) February 29, 2024 Blast is an EVM-compatible scaling protocol [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1270,1179],"class_list":["post-11208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blast","tag-layer-2-solutions"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11208"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11207"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}