BlastUP Launchpad Raises Over $5.5M in Presale as Investors Flood In
BlastUP, the pioneering launchpad within the thriving Blast L2 Ecosystem, is making waves in the crypto world with its groundbreaking and transparent approach to presales. The project’s presale has already raised over $5.5 million, a significant milestone that underscores its commitment to innovation and community engagement.
As the sixth-largest chain by dAppTVL (Total Value Locked) and the second-largest L2 by TVL, Blast has been rapidly gaining in popularity since its launch. The Layer 2 solution is built on the Ethereum blockchain and aims to increase transaction throughput and scalability while reducing fees.
It’s the first Layer 2 chain to reach 1 billion TVL in 35 days and the first to offer native yield for ETH and stablecoins. Due to its groundbreaking model, Blast is able to offer yields of 4% on ETH and 5% on stablecoins such as USDC, USDT, and DAI. This high yield has encouraged the development of new dApps and projects on the Layer 2 solution.
With such an active community, it’s become a popular home for new DeFi projects. Recently, the BlastUP launchpad platform was created to support early-stage projects within the Blast ecosystem.
BlastUP offers a transparent and inclusive environment for project launches that benefits both developers and IDO participants. They carefully evaluate potential projects, and any projects that are accepted will be continuously monitored into the future. They will also support new projects in preparing documentation and tokenomics to help them successfully raise funds.
The project has been audited by Certik and received an A grade and a score of 82+. This places BlastUP in the top 10% of projects on Certik SkyNet. It’s also KYC-approved by Assure DeFi.
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