What is the blast coin?

The core feature of Blast's ETH yield is its origin in staked L1 ETH yield. This means that as users stake their ETH on the Layer 1 network, Blast harnesses this yield and transfers it to its Layer 2 solution. This process not only incentivizes staking but also enables the creation of a more dynamic and profitable ecosystem for ETH holders.

The transfer of staked L1 ETH yield to rebasing ETH on the L2 is a key aspect of Blast's functionality. Rebasing ETH is a mechanism that adjusts the supply of ETH on the Layer 2 to reflect changes in the staking yield on the Layer 1. This ensures that users on the Layer 2 benefit from the growth in value of their ETH holdings.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of the digital asset community. Among its offerings are spot trading, futures trading, and wallet services. These services provide users with the tools and resources they need to engage in a wide range of cryptocurrency activities.

Blast is a revolutionary Ethereum Layer 2 solution designed to enhance the efficiency and profitability of ETH and stablecoin transactions. By offering native yield for these digital assets, Blast introduces a new dimension to the cryptocurrency landscape.

BTCC's spot trading platform allows users to buy and sell cryptocurrencies directly, with low fees and high liquidity. The exchange's futures trading platform, on the other hand, enables users to speculate on the future price movements of cryptocurrencies, potentially earning significant returns. Additionally, BTCC's wallet services provide users with a secure and convenient way to store their digital assets.