Regulated
Austria based and European regulated crypto & securities broker platform
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ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Name | Bitpanda Asset Management GmbH, Bitpanda GmbH |
Relevant legal entity identifier | 9845005X9B7N610K0093, 5493007WZ7IFULIL8G21 |
Name of the crypto-asset | Blast |
Consensus Mechanism | Blast operates as an Ethereum Layer 2 (L2) solution leveraging optimistic rollup technology for efficient transaction processing while integrating innovative yield generation mechanisms. Core Components: Optimistic Rollup: Processes transactions off-chain and submits aggregated data to the Ethereum mainnet, reducing on-chain load and improving scalability. Sequencer Role: Responsible for ordering and bundling off-chain transactions before submission to Ethereum, ensuring fast and orderly processing. Native Yield Integration: Introduces native yield generation for ETH and stablecoins, enhancing the baseline yield for users interacting with the network. |
Incentive Mechanisms and Applicable Fees | Blast aligns user and application incentives through gas revenue sharing, reduced fees, and integrated yield opportunities. Incentive Mechanisms: Gas Revenue Sharing: Unlike typical L2s, Blast redistributes net gas revenue to decentralized applications (dApps), fostering ecosystem growth and collaboration. Native Yield Feature: Offers integrated yield generation on ETH and stablecoins, allowing users to earn directly through the platform. Applicable Fees: Reduced Transaction Fees: Optimistic rollup technology significantly lowers transaction fees, making interactions cost-efficient for users and dApps. |
Beginning of the period | 2024-09-09 |
End of the period | 2025-09-09 |
Energy consumption | 78840.00000 (kWh/a) |