Except for the garishness of all of it, there’s been criticism of what some commentators describe as a probably dangerous setup, the place depositors are primarily counting on religion in an undisclosed group of “engineers” – versus extra sturdy safety measures – to safeguard their cryptocurrency forward of Blast’s actual launch. For now, person deposits into Blast’s crypto pockets cannot be withdrawn. And no less than initially, the juicy yields will not come from any inner workings of Blast, however from routing deposits to different yield-paying tasks, primarily the liquid-staking protocol Lido, including yet one more layer of threat.
