Author: s4mmy.moca, Researcher at Moca Network; Translation: 0xjs@GoldenFinance

Ethervista is described as ETH's Pump.Fun.

DeFi users on the ETH network are frustrated with the lack of innovation on the Mainnet. Ethervista's novel LP and fee mechanism aims to address this issue by exploiting market opportunities and gaps.

Ethervista 2 days ago released its White Paper. It advocates fair issuance, with a liquidity lock-up period of 5 days. This is because analysis shows that most Rug Pulls occur within 2-4 days. EthervistaToken VISTA's market capitalization has exceeded $15 million.

Why do people follow Ethervista

What are the key driving factors?

1. Fair Launch

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

Each swap will incur a fee in ETH, which will be distributed to Liquidity Providers, earning $25,000 in the first 5 hours;

In contrast, Pump.Fun has a daily cost of $400,000.

2. Economic Model

VISTA Token is deflationary, with a maximum supply of 1 million;

It reduces the Token supply by destroying 200,000 dollars on September 2nd.

ETH income can prevent the "death spiral" of Token value from occurring;

The largest holder currently holds 5.8% of the VISTA token supply.

3. Upcoming Features

Futures, lending, futures, and free Flash Loans including ETH-BTC-USDC pool;

The user interface is nostalgic, with graphics suggesting futures, lending, and Flash Loans;

There are no guarantees, but if done well, there is a possibility.

4. Market Penetration

It targets the market gap in the current Decentralized Finance landscape of Ethereum, especially the lack of exciting new projects aimed at retail investor;

This can be extended to provide lending/Flash Loans for more mature retail investor;

Ethereum has a good community of developers and users, eager for some innovation.

How to Participate in Ethervista

To participate in Ethervista, you need to purchase Token from their website's DEX:

1. Connect ETH Wallet; 2. Exchange ETH for VISTA; 3. Deploy LP (Currently, 0.006 ETH corresponds to 1 VISTA) - Lock for 5 days.

Chat function has been integrated, but beware of fraudulent links.

Will Ethervista do well?

It's still early days. ETH Decentralized Finance users are feeling frustrated, so they are looking for something to use on the Mainnet.

Initial LP will be unlocked on September 4th, so please be cautious as the price may have a big dump by then.

The user interface is nostalgic, but I will follow the launch of other features. This is where true execution and value lie, not just the DEX and White Paper that address the current market frustration.