Ethervista

R

Ros

Researcher

Ethervista
Published: September 9, 2024Updated: September 9, 20242 min read
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Ethervista Overview

  • A new token launcher DEX on Ethereum, competing with Pump.fun on Solana.
  • Focused on liquidity management and sustainable blockchain growth.
  • Introduces custom fees paid in ETH rather than tokens.

What is Ethervista?

Ethervista is a decentralized exchange (DEX) that provides a fresh approach to liquidity management and token launches on the Ethereum network. Unlike traditional exchanges, EtherVista focuses on building a secure, transparent, and efficient platform for trading digital assets, while addressing the shortcomings of existing Automated Market Makers (AMMs).

Launched in 2024, EtherVista aims to redefine decentralized exchange dynamics, emphasizing long-term project success by discouraging liquidity withdrawals and fostering sustainable blockchain growth.

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How Does EtherVista Work?

EtherVista operates on the Ethereum network, utilizing a mathematical model to distribute ETH rewards efficiently among liquidity providers. Here are the key components:

  1. Custom Fee Structure: Instead of the typical 0.3% swap fee in tokens, EtherVista charges fees in ETH. These fees are distributed to both liquidity providers and token creators.
  2. Euler Amounts: A unique method used to calculate and distribute rewards fairly among users based on their liquidity contributions.
  3. Liquidity Providers (LPs): LPs provide liquidity to trading pools, earning a share of the fees based on the custom fee structure. The creator of each pool can configure various settings such as fees, protocol addresses, and metadata.

EtherVista also introduces a 5-day liquidity lock to prevent rug pulls, which often occur shortly after a token launch.

What Makes EtherVista Unique?

EtherVista’s unique selling point lies in its emphasis on long-term sustainability over short-term profits. Unlike other AMMs that incentivize quick liquidity withdrawal, EtherVista’s model encourages liquidity providers and token creators to remain engaged for extended periods. Key innovations include:

  • Custom ETH Fees: Paid in ETH rather than tokens, ensuring that value is retained within the ecosystem.
  • Delayed Liquidity Removal: A system preventing liquidity from being withdrawn too quickly, avoiding rapid sell-offs.
  • Built-in Deflation: The native VISTA token employs a burn mechanism that reduces circulating supply, increasing scarcity and price floor over time.

Tokenomics of EtherVista

Max Supply: 1.000.000

EtherVista’s economic model is centered around the VISTA token, a capped-supply, deflationary token designed to reward participants and reduce inflation.

Earnings: VISTA holders earn rewards through protocol fees paid in ETH.

Distribution: A portion of transaction fees goes toward buying and burning VISTA tokens, reducing the circulating supply.

Utility: VISTA is used for governance, staking, and liquidity provisioning on the EtherVista platform.

Inflation and Deflation Mechanism

VISTA’s capped supply of 1 million tokens ensures scarcity. With every transaction, a portion of the ETH fee is used to burn tokens, effectively raising the price floor. As of September 2024, VISTA was trading around $15 per token, with a market cap of $15.6 million. The protocol had already burned over 23,000 VISTA, reducing the total supply to just under 977,000.

Future Plans

  • Ethervista has announced plans to expand its offerings, including:
  • Deployment on Ethereum Layer 2 networks
  • ETH-BTC-USDC pools
  • Lending services
  • Flash loans
  • Futures trading

Summary

EtherVista is a decentralized exchange on Ethereum that emphasizes long-term sustainability through its unique liquidity management and tokenomics model. By using ETH-based fees and discouraging quick sell-offs, EtherVista is positioning itself as a leader in decentralized token launches.

FAQ about EtherVista

What makes EtherVista’s fee structure different?

EtherVista charges fees in ETH, which are distributed to liquidity providers and token creators. This is a departure from traditional AMMs, where fees are typically paid in tokens.

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