Rebasing Yield

Unlocking new multiples of growth for platform participants

At the heart of Blast is rebasing yield. Currently, WETH/ETH and USDB holders are earning 3-4% and ~10% APR respectively just by holding these assets on chain. This introduces an exciting opportunity for a ve(3,3) like Fenix to develop unique usecases. As liquidity deposited on the platform accumulates underlying yield and that this is claimable by Fenix, we will use this yield to build new mechanisms to lower liquidity growth costs for protocols and to reward the most productive users on the platform. As Fenix shares 100% of revenue with protocols and users, we can use rebasing yield to drive increased efficiency for growth that benefits all participants and the entire Blast network.

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