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Blast's One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype

The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project's biggest investor has taken issue with the execution and marketing surrounding the initial rollout.

Updated Apr 9, 2024, 11:23 p.m. Published Nov 29, 2023, 12:00 p.m.
Blast founder Tieshun "Pacman" Roquerre is suddenly fending off the critics. (Creative Commons, modified by CoinDesk)
Blast founder Tieshun "Pacman" Roquerre is suddenly fending off the critics. (Creative Commons, modified by CoinDesk)