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Is Ethereum Layer 2 Blast a Ponzi Scheme?



The caveat is that staked assets can’t be withdrawn until the Blast bridge goes live in February. In the meantime, users receive “Blast points,” which can be used to redeem an airdrop scheduled for May. Users can receive additional Blast points by introducing other users through unique referral links. As such, Blast is invite-only as of Thursday, requiring a code from an existing user to gain access.

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