Home DeFi Blast TVL achieves $390 million in revenue without any products

Blast TVL achieves $390 million in revenue without any products

by Joseph Mack

ETH Layer-2 Airdrop delayed till 2024

Ethereum blockchain is at the forefront of the cryptocurrency world. Recently, it was announced that a 3-of-5 multisig contract, promising an airdrop in 2024, would be a top 5 layer-2 by TVL if launched today.

Delay in Airdrop

The delay in the airdrop of the Layer-2 Ethereum Network is due to various reasons. One of the main reasons is the need to further develop the technology and create a more stable and secure platform for the airdrop. The development team has stated that they want to ensure that the airdrop is as successful as possible and that they are taking their time to make sure that everything is perfect before releasing it to the public.

The Top 5 Layer-2 by TVL

If launched today, the 3-of-5 multisig contract would be a top 5 layer-2 by TVL. This is a significant achievement for the Ethereum Network and shows the potential that the Layer-2 network has. The TVL, or Total Value Locked, is a key metric used to measure the success and adoption of layer-2 solutions. Being in the top 5 layer-2 by TVL would mean that the Ethereum Network is a leader in the industry and has a strong user base.

Impact on Ethereum Network

The delay in the airdrop and the potential for the Ethereum Network to be a top 5 layer-2 by TVL has had a positive impact on the Ethereum Network. It has shown that the network is continuing to grow and develop and that there is a strong demand for layer-2 solutions. This is a positive sign for the future of the Ethereum Network and shows that there is a strong user base and potential for growth in the future.

Future Prospects

The future prospects for the Layer-2 Ethereum Network are bright. The delay in the airdrop has given the development team time to further develop the technology and create a more stable and secure platform for the airdrop. This means that when the airdrop is finally released in 2024, it will be a successful and widely adopted solution for the Ethereum Network. This will further strengthen the position of the Ethereum Network as a leader in the industry and will help to drive adoption and growth in the future.

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