[{"data":1,"prerenderedAt":105},["ShallowReactive",2],{"navigation":3,"chain-blast":31},[4,22],{"title":5,"path":6,"stem":7,"children":8,"page":21},"Introduction","/docs/introduction","1.docs/2.introduction",[9,13,17],{"title":10,"path":11,"stem":12},"Why","/docs/introduction/why","1.docs/2.introduction/1.why",{"title":14,"path":15,"stem":16},"Blockchain as solution?","/docs/introduction/blockchain-as-solution","1.docs/2.introduction/2.blockchain-as-solution",{"title":18,"path":19,"stem":20},"What's the Solution?","/docs/introduction/wag3s-as-solution","1.docs/2.introduction/3.wag3s-as-solution",false,{"title":23,"path":24,"stem":25,"children":26,"page":21},"Api Documentation","/docs/api-documentation","1.docs/3.api-documentation",[27],{"title":28,"path":29,"stem":30},"getting started","/docs/api-documentation/api","1.docs/3.api-documentation/1.api",{"id":32,"title":33,"body":34,"chain":83,"considerations":84,"coverage":85,"description":35,"extension":91,"faq":92,"hero":95,"meta":96,"navigation":97,"path":98,"related":99,"seo":102,"stem":103,"summary":51,"transactionTypes":84,"__hash__":104},"chains/chains/blast.yml","Blast Crypto Accounting & Tax — Native Yield L2",{"title":33,"description":35,"seo":36,"chain":39,"hero":48,"summary":51,"coverage":52,"faq":67,"related":74},"Native subledger for Blast — native yield on ETH and stablecoin balances, BLAST token treasury, Thruster and Juice DeFi positions.",{"title":37,"description":38},"Blast Crypto Accounting & Tax — Wag3s Coverage","How Wag3s handles Blast accounting — native ETH and USDB rebasing yield, BLAST token unlocks, and the Thruster / Juice DeFi ecosystem.",{"name":40,"slug":41,"type":42,"ecosystem":43,"consensus":44,"nativeToken":45,"explorer":46,"supportedSince":47},"Blast","blast","L2","Ethereum","Optimistic rollup","ETH","https://blastscan.io","2024",{"eyebrow":40,"title":49,"subtitle":50},"Blast — the L2 with native yield baked in","Blast pays yield on idle ETH and USDB balances at the chain level. The accounting needs to capture that as ordinary income, not as a price drift.","Blast's core differentiator is native yield — ETH balances on Blast accrue stETH-equivalent yield, and USDB (the chain's USD stablecoin) accrues T-bill yield. Both balances rebase upward over time. For an accountant, that yield is ordinary income on accrual, not a price gain. Wag3s tracks the rebase and books the income on the right account; it also tracks BLAST token allocations from the various points programs and unlock schedules.\n",{"title":53,"items":54},"What's tracked on Blast",[55,58,61,64],{"label":56,"description":57},"Native ETH balance with rebasing yield","Per-block yield accrual booked as staking-like ordinary income.",{"label":59,"description":60},"USDB balance with T-bill yield","USD-stable rebase yield booked as ordinary income.",{"label":62,"description":63},"BLAST token allocations","Points-program distribution rounds tracked per claim event.",{"label":65,"description":66},"Thruster, Juice, Pac Finance","Blast-native DeFi positions with realized-gain tracking.",[68,71],{"question":69,"answer":70},"Is the rebasing ETH yield on Blast the same as stETH?","Different mechanism, similar accounting outcome. Blast routes idle ETH to liquid staking under the hood. The user's wallet shows the rebased balance; we track the yield accrual at each rebase and book it as ordinary income.",{"question":72,"answer":73},"How is BLAST token income classified?","As an airdrop / promotional grant — ordinary income on the claim date at the BLAST fair-value at that time.",[75,79],{"to":76,"title":77,"description":78},"/chains/optimism","Optimism coverage","Comparable optimistic L2.",{"to":80,"title":81,"description":82},"/chains/base","Base coverage","Comparable optimistic L2 with Coinbase distribution.",{"name":40,"slug":41,"type":42,"ecosystem":43,"consensus":44,"nativeToken":45,"explorer":46,"supportedSince":47},null,{"title":53,"items":86},[87,88,89,90],{"label":56,"description":57},{"label":59,"description":60},{"label":62,"description":63},{"label":65,"description":66},"yml",[93,94],{"question":69,"answer":70},{"question":72,"answer":73},{"eyebrow":40,"title":49,"subtitle":50},{},true,"/chains/blast",[100,101],{"to":76,"title":77,"description":78},{"to":80,"title":81,"description":82},{"title":37,"description":38},"chains/blast","T-BpOzg60wCq9UONWMhgglebu6T22qFBqDKMJ4bohUY",1778407989319]