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The decentralized trading platform Ethervista has released its white paper, with a total token supply of 1 million VISTA.

Sep 11, 2024 15:57:31

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ChainCatcher news, the decentralized trading platform Ethervista has released its white paper on platform X. The white paper states that in the Ethervista DEX, liquidity providers will become "creators," having write permissions to configure pool settings, including deciding on pool fees, protocol addresses, and metadata. Developers can also launch projects using the integrated Launcher window.

In addition, VISTA is the native currency of this DEX, with a total supply limited to 1 million coins. Ethervista is a deflationary token with value compounding. The smart contract of the Ethervista protocol implements an on-chain mechanism where each burn event will reduce the circulating supply, gradually increasing the price floor of the token. Fees generated from each transaction within the protocol continuously buy and burn tokens.

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