Blast (BLAST)

What is the Blast blockchain?

Blast is a Layer 2 blockchain designed to deliver scalability, native yield, and a user-friendly experience.

Here are 5 key points about Blast:

Optimistic rollups: Transactions are processed off-chain and settled on Ethereum, reducing costs and improving speed.

Native yield: Users earn passive income directly on ETH and stablecoin balances, without needing to lock funds into separate protocols.

Rapid growth: Blast has quickly become one of the largest blockchains by total value locked (TVL), with billions of dollars in assets.

Aggressive adoption strategy: Incentives and referral programmes have helped drive rapid user acquisition.

Token utility: Blast ETH is used for fees. The BLAST token is used for staking, governance, and securing the network.

Blast on Wraith Wallet

With Wraith Wallet, you can:

Store Blast Ethereum (ETH), Blast (BLAST), and ERC20 tokens securely.

Send and receive BLAST, ETH, and ERC20 tokens.

Monitor BLAST prices with in-app charts.

Buy Blast ETH and BLAST (coming soon).

Connect to Blast dApps through WalletConnect.

What are Blast ERC20 tokens?

ERC20 tokens are assets issued on Ethereum smart contracts.

Blast supports transferring ERC20 tokens from Ethereum to the Blast network.

Blast itself does not issue native ERC20 tokens.

This allows access to Ethereum’s wide token ecosystem at lower costs.

How to get Blast ETH and BLAST

Buy directly in Wraith Wallet (coming soon).

Receive via your unique Wraith Wallet Blast address.

⚠️ Warning: Only send Blast ETH and BLAST tokens to your Blast address.

Transaction fees on Blast

Designed for low fees, making it cost-effective for frequent transactions.

Fees are dynamic, adjusting with network congestion and transaction complexity.

Fees are paid in Blast ETH.

Checking balances

Wraith Wallet connects to the Blast blockchain to display your BLAST balance. For extra transparency, you can select View on BlastScan in-app.

BlastScan is the default Blast explorer integrated into Wraith Wallet.

Why choose Wraith Wallet for Blast?

Enhanced security: Strong encryption and secure private key management.

Transparent: Open-source wallet with public audits possible.

Multi-currency support: Manage BLAST alongside other assets in one app.

Summary Blast combines Ethereum’s security with low-cost rollups and built-in yield. With Wraith Wallet, you can manage, send, and receive BLAST and Blast ETH easily, giving you access to one of the fastest-growing ecosystems in DeFi.

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