Blast to Unveil Testnet for Thruster DEX, Offering User-Centric Enhancements

Ethereum’s Layer 2 network project Blast The company revealed its plans to launch a testnet for its decentralized exchange (DEX) Thruster, focused on delivering benefits for traders, liquidity providers, and developers alike.

The goal is to harness Blast's native revenue to provide tailored liquidity solutions and establish a more streamlined and user-friendly interface.

Thruster's key features are built on the foundation of the Blast platform, including elements such as native revenue, minimal gas fees, a developer-friendly ecosystem, and a strong alignment with the Ethereum Virtual Machine (EVM). The developer anticipates revealing additional information about Thruster's partnerships in the coming weeks. Ethereum Among its various features, Thruster incorporates a comprehensive token lifecycle within its protocol, which includes effective fair launch strategies and liquidity provisions geared toward developers. For users, it also offers income-generating tools alongside social and analytical functionalities to enhance trading and liquidity facilitation.

This innovation aims to boost the basic yield for both users and developers. Blast assures participants that their balances will accrue through automatic compounding, leading to extra Blast rewards. Users transferring Ethereum or stablecoins such as USDC, USDT, and DAI onto Blast will see their funds move into an on-chain treasury protocol.

Blast operates as an EVM-compatible optimistic rollup The earnings generated will subsequently be distributed back to users via Blast's intrinsic stablecoin, USDB.

Created by Pacman, a co-founder of the NFT marketplace Blur, alongside a team comprising talents from MakerDAO, MIT, Yale, and Seoul National University, the project has recently been unveiled and is set to welcome its mainnet launch in February.

Blast is taking steps forward to advance the Blur ecosystem. Blast Layer 2 network During last year's Blast launch, its founder, Pacman, shared an initiative to allocate $40 million towards enhancing the NFT aggregation market within the Blur (BLUR) ecosystem. This funding aims to facilitate the development of decentralized applications (DApps) on Blast and promote NFTs on Ethereum Layer 1.

Just days after its debut, Blast secured a total value of locked assets (TVL) reaching $373 million. Thanks to its rising popularity, this figure has dramatically escalated to $1.324 billion as of now. Meanwhile, BLUR, the native token of the Blur marketplace, experienced a surge of over 80% following its subsequent listing on Binance and the launch of Blast.

Recently, BLUR saw a rapid spike, climbing to 0.67 USDT, and is currently priced at 0.662 USDT, marking a 15.34% increase within the last 24 hours, as reported by the OKX market, underscoring its ongoing growth. successful fundraising The anticipated testnet for Thruster embodies the commitment of the development team to enhance user benefits, fostering the continued growth of the Blur ecosystem.

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