the new platform for trading memecoin on Ethereum

There’s a new sheriff in town: Ethervista is a new anti-rug protocol that facilitates and supports the launch of memecoin on the Ethereum blockchain.

Similar to Pump.Fun of Solana and SunPump of Tron, this project aims to ride the narrative of speculation with low mcap coins, offering a new solution operating on Ethereum.

 The peculiarity of the platform is that users, before launching a token, must leave the liquidity locked for 5 days before they can possibly withdraw it.

Ethervista also presents its own native token (VISTA), which just two days after the launch recorded a bull of 1447% in price

Let’s see all the details below.

Ethervista is born on Ethereum: the new launch protocol dedicated to memecoins

On August 31, Ethervista presents its whitepaper on X for the first time, introducing a new platform for trading memecoin on Ethereum.

It is a project very similar to the competitors Pump.Fun of Solana and SunPump of Tron, where however the creation of new tokens is not automated and occurs through hard-code.

Those who want to launch a memecoin must therefore create the token contract themselves, but they can add liquidity on Ethervista to gain greater visibility.

Ethervista was created to solve some inefficiency problems in the DeFi of Ethereum, where LP providers, traders, and memecoin creators are not aligned with each other.

The main feature of the platform is that it uses a fair launch model, where developers are required to lock liquidity for 5 days before they can withdraw it.

This is because on average the rug in the world of low-capitalization crypto occur in most cases within the first 2-4 days.

At the same time, those who launch a memecoin are rewarded with part of the trading fees, creating a beneficial approach for all users involved.

Ethervista is fundamentally born as a DEX, to which additional functionalities are added such as the “launcher” program to accompany the launch of new coins.

In this section, developers (after having independently created the contract) must set some parameters such as initial LP, fees for the buy and sell, and other project metadata.

In the future Ethervista will also launch sections for flashloans exchanges, for futures trading, and for lending. Its goal is to become a single all-in-one solution for the DeFi needs of Ethereum users.

Ethereum blockchain: economic incentives for both memecoin creators and liquidity providers

Ethervista could see rapid success within the Ethereum blockchain given the economic advantages it offers in the world of memecoins.

Although in fact Ethereum is not the most suitable network for this kind of exchanges due to the network fees, the protocol offers a series of attractive incentives.

First and foremost, it uses a completely innovative model where the fees (both for the buy and for the sell) are denominated in USD and not in % of the total.

This approach tends to generally lead to more large-sized trades rather than exchanges of just a few dozen dollars.

A portion of the trading fees goes to the LPs while the other part goes directly to the protocol. Consider that in the first 5 hours of existence, Ethervista saw fees of 25,000 dollars, while the competitor Pump.Fun (much larger) earns 400,000 dollars daily.

In the world of finance, the terms “bull” and “bear” are often used to describe market trends. A “bull” market is characterized by rising prices, while a “bear” market is marked by falling prices. Understanding these concepts is crucial for investors.

At the same time, the creators of memecoin are driven to keep the token alive as long as possible, avoiding rug situations immediately after the launch.

In fact, in addition to the obligation of the LP locked for 5 days, the developers earn commission shares based on the trading volumes that the cryptocurrency is recording.

The creators continue to build in this way to earn commissions in the long term, in a scenario of sustainable growth.

Furthermore, all LP rewards and all fees are paid in ETH, and not in other exotic currencies prone to depreciation.

As already mentioned, the goal of Ethervista is to incentivize the long-term success of the project. How? By rewarding creators with liquidity and protocol fees, which grow over time with trading volume. This approach benefits both parties by making sustained commitment more profitable compared to the instant rug of new coins.

Several experts in the crypto sector argue that Ethervista represents exactly the protocol that Ethereum needs, capable of capturing the attention of retail.

Now the cryptographic network has a new strong narrative ready to ride the momentum pushing the speculation of memecoin!

Ethervista (VISTA): the token grows by 15x just two days after the launch

Ethervista, in addition to providing a new approach for the launch of memecoin on Ethereum, also presents its own native token called VISTA.

Technically it is described as “The first value-compounding deflationary token” with its price theoretically driven upwards.

The initial maximum supply of VISTA was set at 1 million tokens, with Ethervista continuously performing buyback and burn of tokens, making it increasingly deflationary.

All the supply of the token has been placed in LP in order to promote a fair distribution, above possible insider purchases by the developers themselves.

The project team has not yet released a tokenomics (which will surely present a factor of “ponzinomics”), but this could arrive soon.

In the meantime, we limit ourselves to observing a few addresses that already control a good part of the circulating VISTA.

Yesterday VISTA, just two days after its debut on the market, saw a crazy rise of 1447% that took it from 1.5 dollars to 23.6 dollars.

Today the currency sees instead a contraction of 30% such as to have brought it back to the 16.5 dollar zone, awaiting the next significant movement.

Currently, the token has a marketcap of 15.9 million dollars, which coincides with the FDV. The trading volume in the last 24 hours is 50 million dollars while the liquidity within the pool is equal to 2 million dollars.

To understand the possible price action of VISTA, it is essential to keep in mind that every 5 days liquidity providers can withdraw their tokens. Since this is the 4th day since the project launch, it emerges that tomorrow the first significant unlocks of VISTA liquidity will occur.

More precisely at 2:30 PM there could be large sell-offs, while the possibility remains open that traders may anticipate this known event.

Let’s see how this token will move in the coming days, with many users expecting other significant increases from here on out.