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  2. /Glossary
  3. /Blast
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blockchain

Blast

An Ethereum Layer 2 that offers native yield on ETH and stablecoins deposited on the chain.

Definition

An Ethereum Layer 2 that offers native yield on ETH and stablecoins deposited on the chain. ETH on Blast earns staking yield automatically, and stablecoins earn yield from treasury bill protocols. Founded by Pacman, the creator of Blur NFT marketplace.

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Related Terms

Layer 2

A secondary network built on top of a Layer 1 to improve scalability.

Yield

The income earned on an investment, expressed as a percentage.

Ethereum

A blockchain platform that enabled smart contracts and decentralized applications.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

Account Model

The way Ethereum and many other chains track balances.

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