Of Blur, Lido, and the ripple effects of Blast
It’s all a BLUR
Heading the project is PacmanBlur, co-founder of the popular NFT marketplace Blur [BLUR]. Blast’s appeal is further amplified by the backing it has received from crypto investment firm Paradigm.
A paradigm shift
In his tweet, Robinson said that Paradigm disagreed with the decision to launch the bridge before the L2 and the three-month withdrawal restriction. They believed that these actions set a negative precedent for Blast.
Impact on BLUR and LDO
Despite the interest shown by whales, the price of BLUR fell materially. At press time, it was trading at $0.528972 and had fallen by 13.14% in the last 24 hours. Only time will tell whether BLUR’s price will decline further, or if this is just a momentary bump in the road.
