Layer-2 technologies are transforming both decentralized finance (DeFi) and gaming sectors, ushering in a fresh wave of creativity. Blast, an innovative EVM-compatible Layer-2 blockchain, has emerged as a key player in this transformation, offering native yield for ETH and stablecoins. Originating from the mind behind the popular NFT marketplace Blur, Pacman, Blast has swiftly garnered attention from the crypto community. Since its launch, it has rapidly grown to amass over $1.4 billion, propelling it to the top 10 largest blockchains by TVL.

Following its debut, Blast quickly became a hub of activity, with hundreds of millions of dollars pouring into its expanding protocols. Below are five standout Blast-based projects contributing to its ecosystem's growth.

BlastUP

BlastUP serves as the inaugural launchpad platform within the Blast ecosystem, providing DApps with a platform to kickstart their journey towards success. With a core principle of "grow faster, earn more," BlastUP is committed to fostering the development of all participants. One unique feature, Launchpad Accelerator, equips startup teams with essential tools such as comprehensive documentation and refined tokenomics to facilitate effective capital raising. The Project Screening process ensures that only credible projects are admitted, safeguarding the community's integrity.

The native token, BLP, powers the BlastUP ecosystem with its high utility. The ongoing presale has already raised an impressive $3 million, attracting early investors.

Orbit Protocol

Orbit stands out as the premier DeFi protocol in the Blast ecosystem, offering users seamless opportunities to lend and borrow assets within Blast. Participants are rewarded with liquid incentives, and Orbit introduces its native token, ORBIT, enhancing the platform's appeal.

CryptoValleys

Crypto Valleys presents a DeFi game inspired by Gacha games, offering players a rich gaming experience involving farming, crafting, exploring, and trading. Players accumulate YIELD and shape their own Valley within the game.

Pac Finance

Pac Finance introduces the first hybrid lending protocol on Blast, enabling users to engage in peer-to-peer and peer-to-pool loans. With features like self-repaying loans and instant lending loops, Pac Finance delivers a dynamic lending experience and is offering portions of Blast's upcoming native token to early adopters.

Thruster Finance

Thruster Finance is the pioneering decentralized DEX within the Blast ecosystem, focusing on the needs of DeFi enthusiasts. Thruster enhances the token lifecycle, offering fair launch mechanics for developers and lucrative yield opportunities for users.

Disclaimer: This is a sponsored press release for informational purposes only. The views expressed do not represent those of CryptoNewsLand and should not be relied upon for legal, tax, investment, or financial advice.

Source: Crypto News Land