๐Ÿš€Blast, a layer-2 blockchain on Ethereum, has attracted a whopping $603M in deposits in just a week since its unveiling!๐Ÿ’ฐ But it's not all sunshine and rainbows, as the project has faced criticism and even a public scolding from its financial backer, Paradigm.๐Ÿ˜ฌ

Blast's network isn't launching until next year, but it's already accepting deposits with promises of "native yields" and a token airdrop for early birds.๐Ÿฆ Critics argue that depositors are relying on faith in an undisclosed group of engineers to safeguard their crypto.๐Ÿ”’

What do you think about Blast's approach? Are you excited about the project, or do you share the concerns of its critics? Let us know in the comments!๐Ÿ‘‡