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We are excited about Blast's innovative mechanisms, especially its native-yield assets, gas fee revenue for devs, and capital efficiency.
Thrill to announce our ๐พ Blast Round Table ๐พ program to help promote the prosperity of the Blast ecosystem.
๐๐ BEG NEWS ๐๐
eBeggar is thrilled to join the ๐ Blast Big Bang Competition ๐ !
Let's beg together, embrace the new era, and leave Starknet, zkSync, and Scroll behind.
Embrace the spirit of eBeggar and out-beg others!
Thrilled to join the @Blast_L2 Big Bang Competition! ๐๐
Fusion, is a governance aggregator built for the Blast ecosystem, aiming to maximize usersโ liquidity and rewards while simultaneously aggregating Blast ecosystem governance power.
Chord enters the @Blast_L2 Bigbang Competition.
Chord moves beyond the traditional design of DEXs to focus on maximizing the capital efficiency of Blast Network with the ability to lend our idle liquidity to other protocols.
๐ชCreating a world without idle money.
โก๏ธExcited to join #BlastBigBang Competition!โก๏ธ
Our core product, zUSD, will be the most capital-efficient and highest-yielding stablecoin in the Blast network, with leveraged Blast_ETH native yield.
Our Sepolia Special Test Version is Live!
https://t.co/i6TBTPE5wc
And you can try to swap zUSD/USDC on @monoswapio.
Thrilled to announce Zest โก๏ธTestnet-Launchโก๏ธ
You can now mint/redeem zUSD and mirrorETH on @Blast_L2 Sepolia Testnet.
https://t.co/i6TBTPE5wc
Read More Below ๐
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๐คTestnet Guide
1. Add Blast Testnet (Sepolia)
https://t.co/m8DqVW8SXa
2. Claim Blast ETH testnet token
https://t.co/XsscXZpEcS
3. Mint zUSD&mirrorETH with testnet ETH
4. Redeem testnet ETH with zUSD&mirrorETH
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๐ฅ The opportunity to earn something ๐ฅ
Join now to be part of the excitement!
Introducing Chord Superfluid Liquidity Hub
Chord is the first DEX that can lend its Idle Liquidity, enhancing capital efficiency and LP returns.
It aims to become Blast's Liquidity Hub, enhancing capital efficiency and serving as the liquidity provider for other DeFi protocols.
GM NEW MONDAY
We are excited to welcome new partners to join us at the #BlastRoundTable Program.
Would love to collaborate with high-quality protocols and believe a partnership with us can be mutually beneficial.
We are always open to discussing and working with real builders!
๐๐๐
Fusion, is a governance aggregator built for the Blast ecosystem, aiming to maximize usersโ liquidity and rewards while simultaneously aggregating Blast ecosystem governance power.
Introducing Zest: Build a Groundbreaking Collateralized Stablecoin with 100% Capital Efficiency and Higher Yield.
Zest, a native DeFi gem on Blast Layer 2, ingeniously separates yield from price volatility.
Zest now has two main products,
๐ธ zUSD: a stablecoin with leveraged Blast_ETH Yield
๐ธ Leveraged ETH derivative: on-chain and no funding fees
Read More Below โก๏ธ
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๐ง Limitations of Current Stablecoins: Capital Efficiency
Existing stablecoins encounter capital efficiency issues. With a typical 150% Collateral Ratio, they need more than $150 worth of collateral for $100 of stablecoins, leaving $50 underutilized. This model represents a significant inefficiency.
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โก๏ธ Zest's Innovative Solution: Efficiently Collateralized โก๏ธ
Zest is pioneering a breakthrough in stablecoin design. It leverages the full $150 Blast_ETH to create 100 zUSD while employing the remaining $50 for Blast_ETH.
To ensure that zUSD is backed 100% by collateral, all fluctuations in the price of Blast_ETH are absorbed by the $50 portion, and $100 worth of Blast_ETH always supports 100 zUSD.
Here we get a โก๏ธleveraged ETHโก๏ธ, which means you can spend $50 to enjoy the price increase of $150 Blast_ETH.
Wait, how about we introduce Blast_ETH yield and give it all to zUSD?
Wubba, we get โก๏ธzUSDโก๏ธ, a stablecoin with leveraged Blast_ETH yield.
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โก๏ธโก๏ธโก๏ธ
Zest stands out by resolving the industry's capital efficiency challenges, introducing leveraged Blast_ETH yield, and setting a new benchmark in stablecoin innovation.
Capital Efficiency is all you need.
โก๏ธโก๏ธโก๏ธ
More Info: https://t.co/QFtNQoAFyh
@chord_fi@Blast_L2@chord_fi is the first DEX capable of lending its idle liquidity.
๐ฏCapital Efficiency ๐ฏ
Chord also has other magical features:
๐น Superfluid Liquidity Hub
๐น Time-Boosted Liquidity Incentive
๐น Well-designed Yield Distribution Mechanism
๐น Sustainable tokenomics