The Ethereum ecosystem recently welcomed the launch of EtherVista, a decentralized exchange (DEX) and token minting platform, which seeks to rival Solana’s Pump.fun and Tron's SunPump.
EtherVista is a launchpad that allows creators to launch tokens, including memecoins, with several customizable parameters that incentivizes developers.
EtherVista's Novel Liquidity Management
Despite offering similar capabilities to Pump.fun and SunPump, EtherVista has a few features that sets it apart from its peers. One of the platform's most appealing features is the “fair launch model” that requires project developers to lock their initial liquidity for five days.
According to on-chain data, most rugpulls occur within the first two to four days. Thus, EtherVista’s 5-day liquidity lock for creators ensures that token developers cannot withdraw liquidity before other liquidity providers, boosting the stability of early-stage projects.
Additionally, EtherVista’s fee structure is designed to promote a project’s long-term growth by rewarding creators with liquidity and protocol fees. Unlike most Automated Market Makers (AMMs) that use a standard token fee, EtherVista charges fees in ETH for each transaction and distributes these fees among developers and LPs. As trading volumes increase, these fees grow as well, incentivizing creators to remain committed to the project.
EtherVista’s native token, VISTA, boasts deflationary tokenomics, with a supply cap of 1 million tokens. The token’s value is expected to continue increasing with the continuous token burn mechanism designed to reduce the overall supply.
Traders Cash Out on EtherVista
EtherVista’s launch was an immediate hit, with the native token’s price skyrocketing within a few days as the crypto community welcomed it enthusiastically. The platform is currently ranked among the top Ethereum gas burners, consuming over 150 ETH in gas within the first 24 hours, according to data from Dune Analytics.
VISTA’s price rose from $0.239 at launch to over $35, while its market cap surged from $20 million to more than $30 million. The token is trading at $26.14 at press time, per CoinGecko data.
Several traders have profited immensely from VISTA’s surge. According to blockchain analytics firm Arkham Intelligence, the top 10 VISTA traders have generated over $5.4 million in profits since its launch. One trader made a 130x profit from trading VISTA, turning their $5,000 investment in the token into $670,000 in just 48 hours.
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