The Binance cryptocurrency exchange’s Web3 Wallet team has finished integrating the Blast network.
Binance Web3 Wallet now supports Blast, an Ethereum Layer 2 scaling solution that provides a built-in yield for Ethereum (ETH) and stablecoins, according to the exchange’s release on March 4.
Users of cryptocurrency wallets can access different decentralized applications on the Blast network and transfer tokens to and from the network using the Binance Web3 Wallet as part of the integration.
To view and find Blast in Binance Web3 Wallet, you need to go to the Web3 Wallet section and select the Networks. Binance withheld further information about the project.
The news of the integration likewise elicited no response from the Blast project team. The mainnet debut was announced by Blast creators on February 29.
Users could withdraw their monies that the protocol and the launch had barred. During the early access period, more than 180,000 users contributed more than $2.3 billion to the protocol, according to L2Beat.
According to the project developers, consumers will receive 50% of the Blast airdrop, with the remaining 50% going to decentralized applications (dapps).
The first instance of fraud involving a widely publicized project happened in the Blast ecosystem just before the mainnet launched. A $1.3 million rug pull was successfully completed by the RiskOnBlast crew.
