Blast, a recently launched platform in the crypto finance landscape, has been making waves despite facing allegations of being a Ponzi scheme. The founder, Tieshun Roquerre, has vehemently denied these claims and clarified that the platform’s 4 to 5% yield is derived from reputable platforms like Lido and MakerDAO. With a Total Value Locked (TVL) exceeding $400 million, Blast’s unique features, including ‘Blast Points’ for community engagement and an innovative approach to Layer 2 (L2) native yield generation, have contributed to its rapid growth. Roquerre envisions Blast’s potential impact on reducing transaction costs and enhancing institutional-grade NFT perps. As the platform continues to gain attention, the cryptocurrency community remains watchful, observing its progress and evaluating its potential impact on the evolving crypto finance landscape.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Tieshun Roquerre
Companies	Standard Crypto, MakerDAO, Lido, Paradigm
Currencies	USDC, USD Balance, Ethereum, Tether, Dai
Securities	None