EtherVista
Dex Trading Volume(24h)
$6,641,083.9897 BTC
About EtherVista
Automated Market Makers (AMMs) currently encounter a notable challenge – they struggle to effectively encourage the long-term success of blockchain projects. The problem arises because token creators are encouraged to prioritize profits by rapidly withdrawing liquidity and discreetly selling tokens. Liquidity providers tend to prefer short-term commitments, withdrawing and selling their liquidity as token value rises. This misalignment in structure hampers the growth of projects designed for long-term success. Addressing this challenge is vital, as the current AMM model lacks the necessary incentives to foster continuous growth and resilience in the blockchain ecosystem.
The current AMM standard incurs a 0.3% fee on every swap paid in tokens. The Ethervista standard is the first to set a custom fee paid only in native ETH. This fee is cleverly distributed among all liquidity providers and token creators within a specific pool, every swap, using a novel mechanism which allows us to distribute rewards to millions of users with minimal gas cost. The creator fee is a protocol fee which can be assigned to a smart contract and treasury. Various use cases include auto-buys, staking rewards and many other DeFi applications. A key feature to this model is that market makers and creators benefit from transaction volume rather than token price, incentivizing longevity over short-sighted price action. Investors benefit from a delayed liquidity removal mechanism, preventing developers from quickly rug-pulling. This approach not only mitigates the risk of sudden market upheaval but also enhances the overall success of their investments. Beyond, Ethervista is set to expand beyond traditional pools, moving towards building ETHBTC-USDC pools to offer lending, futures, and fee-less flashloans, aiming to become an all-in-one decentralized application.
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