اقتصاد توکنی Ethervista (VISTA)

The token economics of Ethervista, centered around its native token VISTA, are designed to promote a deflationary model, incentivize long-term liquidity, and mitigate the risk of "rug pulls" commonly associated with new token launches on decentralized exchanges (DEXs).

Issuance Mechanism

The VISTA token operates with a deflationary model and a strictly capped supply.

• Supply Cap: The maximum token supply for VISTA is capped at 1 million tokens.
• Fair Launch Model: The platform promotes a fair launch model, suggesting an equitable initial distribution, although specific details on the initial distribution percentages (e.g., for team, treasury, or public sale) are not available.

Allocation Mechanism

Specific, detailed allocation percentages for VISTA (e.g., for the team, investors, or ecosystem fund) are not available. However, the platform's design focuses on rewarding participants through fees generated by the protocol.

Usage and Incentive Mechanism

Ethervista is a decentralized exchange (DEX) on Ethereum that allows users to create and trade new tokens. Its incentive structure is unique in that it charges fees in ETH rather than the traded token, creating a direct revenue stream for projects and liquidity providers.

Fee Structure and Rewards

• Fee Currency: Ethervista is noted as the first DEX to charge fees in ETH instead of the tokens being swapped.
• Custom Fees: Each token launched on the platform can have custom fees set by its creator, providing a direct revenue stream for the project.
• Liquidity Provider (LP) Rewards: Liquidity providers earn ETH from "LP fees" generated by trading activity. Creators who permanently lock their liquidity can still earn these ETH rewards.
• Protocol Fees: "Protocol fees" generated from every swap enable token creators to execute arbitrary smart contract logic using the collected ETH.
• Creator Incentives: The mechanism is designed to reward token creators based on trading volume rather than solely on price appreciation, encouraging long-term project alignment.

Deflationary Mechanism (Token Burning)

A core component of VISTA's economics is its deflationary mechanism, which aims to raise the price floor:

• Auto-Buying and Burning: A portion of the transaction fees collected in ETH is used to buy and continuously burn VISTA tokens.
• Impact: This continuous token burning reduces the circulating supply of VISTA, supporting the deflationary nature of the token. As of early September 2024, over $200,000 worth of VISTA tokens had been burned.

Locking Mechanism and Unlocking Time

The platform implements a mandatory locking mechanism specifically designed to prevent "rug pulls" and enhance trust in new projects.

• Mandatory Liquidity Lock: Users who launch a new token are subject to a mandatory 5-day liquidity lock on the initial liquidity deposited.
• Purpose: This delayed liquidity-removal mechanism safeguards users by preventing an immediate withdrawal of funds, which is a common tactic in rug pull scams that typically occur within the first two to four days of a token launch.
• Creator Option: Token creators also have the option to permanently lock their liquidity while still earning ETH rewards from LP fees.

Unlocking Time

The mandatory lock period for initial liquidity is five days after the token launch. Investors were cautioned about the potential volatility associated with the first unlock of VISTA LP tokens, which was set for September 4, following the token's launch on August 31.

Note: Detailed information regarding the specific allocation percentages of the 1 million VISTA supply to categories such as team, treasury, or public sale was not available.