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Blast, an innovative Layer 2 solution powered by Blur, is designed to make the Ethereum network more efficient and cost-effective. By utilizing Optimistic Rollup technology, Blast emphasizes empowering ETH and stablecoins with native yield-generation capabilities to combat asset depreciation. The project is led by Blur founder Pacman and has attracted a $20 million investment. With a vision beyond serving Blur, Blast supports various Dapps, including DeFi and NFT applications, aiming to provide passive interest-bearing opportunities for funds in Layer 2 accounts.