A notable leading brand in the Layer 2 blockchain industry, Coin98 has made a significant step by integrating Blast, an Ethereum optimistic rollup innovation, in its newest products. Through the Coin98 Super Wallet and Coin98 Extension, customers can access the native yield possibilities in the Layer 2 ecosystem in a smooth and simple way.
Coin98 Super Wallet now integrates @Blast_L2 – The only Ethereum L2 with native yield for ETH and stablecoins.
Update #Coin98 Super Wallet and Embrace Blast for Multi-chances today! 👉 https://t.co/ZqQsRDmCC8
Read more about this integration 👉 https://t.co/BZcm1DORzv pic.twitter.com/ticwN4Cfyo
— Coin98 Super Wallet (@coin98_wallet) May 4, 2024
Coin98 Super Wallet Welcomes Blast Integration for Enhanced Functionality
In the current Layer 2 space, interest rates for holding assets like ETH and stablecoins are generally negligible. It is difficult for users to use these tools, as the value of assets loses some of its meaning over time. As a Layer 2 chain, Blast is committed to enabling genuine growth of the on-chain economy by providing high-yield opportunities.
By holding users’ assets on Layer 2, users can realize real interest, or native yield, on Layer 1 Ethereum. Its integration into the multi-chain wallet with coin98 will provide users with these and other features. Additionally, users can create or import wallets on Blast directly in the Coin98 interface. They can also send or receive tokens and NFTs to and from the Blast Blockchain.
Further, the integration also allows users to interact with various decentralized applications accessible on Blast connected to the broader blockchain ecosystem. They can bridge their assets from the Ethereum network to the application, which makes it and the Layer 1 more operable. Additionally, the users are offered an opportunity to engage in the Blast a reward program.
Coin98 and Blast Integration to Unlock Enhanced Rewards and Convenience
The integration bears the following benefits. Firstly, users are presented with more rewarding opportunities than traditional Layer 1 solutions. Given the walkthrough above, users can earn native yield on Blast enhancing the value of the asset, which is a more sustainable investment approach.
Secondly, the user experience in the Coin98 ecosystem is very much improved. They are now able to do more without switching the platform, as users can access their Blast wallets and perform transactions directly within the Coin98 interface.
Lastly, integration with the Coin98 ecosystem marks a major change in the Layer 2 blockchain space, resulting in consumers gaining increased yield chances, increased convenience, and superior interoperability.