Overview of Blast:

Blast is an Ethereum L2 solution with native yield for ETH and stablecoins (yield comes from ETH staking and RWA protocols). Blast has attracted more than 1.7 billion dollars in Total Value Locked on Mainnet with only 56 protocols deployed. The average daily DEX volume on Blast is $150 million+.

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Motivation:

Biswap is well-positioned on the BNB chain, but to grow bigger and acquire more revenue for the protocol and BSW holders, it is crucial to explore new promising networks where Biswap can easily deploy the already-made product: Biswap V3. The community wants to deploy on Blast because it does not require many incentives to attract liquidity providers/traders due to the Blast Point system and a small number of competitors.

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Deployment Suggestions:

The Biswap community believes it would be a good idea to allocate around 0.7 BSW per block from BSW emission to incentivize the USDB/WETH pool on Blast to attract around $2 million in TVL and continue expansion on Blast.

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Useful Links: https://defillama.com/chain/Blast https://dexscreener.com/blast https://docs.blast.io/about-blast