Why has Ethervista attracted the attention of the Ethereum DeFi community? How to participate?

Author: s4mmy.moca, Moca Network researcher; Compiler: 0xjs@黄金财经

Ethervista is described as ETH's Pump.Fun.

Ethereum DeFi users are frustrated by the lack of innovation on the mainnet, and Ethervista's novel LP and fee mechanism aims to solve this problem by taking advantage of the opportunity gap in the market.

Ethervista released its white paper 2 days ago. It advocates fair issuance and a liquidity lock-up period of 5 days. Because analysis shows that most runs occur within 2-4 days. The market value of Ethervista's token VISTA has exceeded $15 million.

Why are people paying attention to Ethervista?

What are the key drivers?

1. Fair launch

100% of the supply is allocated to LP and locked for 5 days;

Each swap will charge a fee in ETH, which will be distributed to liquidity providers, making $25,000 in the first 5 hours;

In comparison, Pump.Fun charges $400,000 per day.

2. Economic model

VISTA tokens are deflationary, with a supply cap of 1 million;

it reduces token supply by burning — $200,000 was burned on September 2;

ETH revenue prevents a “death spiral” in token value;

the largest holder currently owns 5.8% of the VISTA token supply.

3. Upcoming features

Includes futures, lending, futures and free flash loans for the ETH-BTC-USDC pool;

The user interface is nostalgic, and the graphics suggest futures, lending and flash loans;

There are no guarantees, but if done well, there are possibilities.

4. Market penetration

It targets the market gap in Ethereum's current DeFi landscape, especially the lack of exciting new projects for retail investors;

This can be extended to provide lending/flash loans for more mature retail investors;

Ethereum has a good developer and user base that is eager for some innovation.

How to participate in Ethervista

To participate in Ethervista, you need to buy tokens from the DEX on their website:

1. Connect to your Ethereum wallet; 2. Exchange ETH for VISTA; 3. LP deployment (currently 0.006 ETH corresponds to 1 VISTA) - locked for 5 days

Chat function is integrated, but beware of scam links.

Will Ethervista do well?

It’s still early days. ETH DeFi users are frustrated, so they’re looking for something they can use on the mainnet.

The initial LP will unlock on September 4th, so be careful as the price may plummet by then.

The UI is nostalgic, but I will be watching for other features to roll out. This is where the real execution and value lies, not just DEXs and whitepapers that solve current market frustrations.