Coin98, a notable leading brand in the Layer 2 blockchain industry, has taken a significant step by integrating Blast, an optimistic rollup innovation of Ethereum, into its latest products. Through the Coin98 Super Wallet and Coin98 Extension, customers can access native yield opportunities in the Layer 2 ecosystem in a smooth and easy 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 today for multiple opportunities!
https://t.co/ZqQsRDmCC8
Read more about this integration
— Coin98 Super Wallet (@coin98_wallet) May 4, 2024
Coin98 Super Wallet welcomes blast integration for enhanced functionality
In the current tier 2 space, interest rates for holding assets like ETH and stablecoins are generally negligible. It is difficult for users to use these tools because the value of assets loses some of its meaning over time. As a Layer 2 chain, Blast strives to enable real growth of the on-chain economy by providing high-return opportunities.
By holding users’ assets on Layer 2, users can realize real interest, or self-return, 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.
Furthermore, the integration also allows users to interact with various decentralized applications accessible on Blast and connected to the broader blockchain ecosystem. They can transfer their assets from the Ethereum network to the application, making it and Layer 1 more usable. Moreover, the users are given the option to participate in the Blast a rewards program.
Coin98 and Blast integration to unlock enhanced rewards and convenience
The integration brings the following benefits. First, users are presented with more rewarding options than traditional Layer 1 solutions. Considering the walkthrough above, users can earn their own returns on Blast, increasing the value of the asset, which is a more sustainable investment approach.
Secondly, the user experience in the Coin98 ecosystem has been greatly improved. They can now do more without switching platforms, as users can access their Blast wallets and transact directly within the Coin98 interface.
Finally, the integration with the Coin98 ecosystem marks a major change in the Layer 2 blockchain space, providing consumers with greater revenue opportunities, greater convenience, and superior interoperability.
