Ignis，Fogo和Snapchain是將加速發行新令牌的項目

這些項目將用作測試台，為其他項目鋪平道路。

Author: Ignas , DeFi Research

作者：IGNAS，Defi Research

Compiled by: Tim, PANews

編譯者：蒂姆，潘努斯

The issuance of new tokens has slowed down, but I believe it will accelerate soon because:

新令牌的發行放慢了速度，但我相信它將很快加速，因為：

* We will see an increase in the number of interesting projects launching their own tokens

*我們將看到啟動自己的代幣的有趣項目數量有所增加

* These projects will serve as a testbed to pave the way for other projects

*這些項目將作為測試台為其他項目鋪平道路

In this post I want to highlight a few protocols that appear frequently in my Twitter feed. However, it seems that not everyone is familiar with what they do.

在這篇文章中，我想突出顯示我的Twitter提要中經常出現的一些協議。但是，似乎並不是每個人都熟悉他們的工作。

So, if you are one of those people on Twitter who posts spam and waits for token airdrops, but has no idea what they do, then this post is for you.

因此，如果您是Twitter上發布垃圾郵件並等待令牌氣動器的人之一，但不知道他們做什麼，那麼這篇文章適合您。

Initia: The "Garden of Eden" of Multi-Chain Ecosystem

initia：多鏈生態系統的“伊甸園”

Initia completed its first sale in Echonomist Group on Cobie’s Echo fundraising platform.

Initia在Cobie的Echo籌款平台上完成了其在Echonomist Group的首次銷售。

Cobie's Echo fundraising platform has only completed three project financings so far, so Initia is worth bullish. In addition, the mainnet launch + airdrop plan may be launched at any time (but it seems to have been postponed to April).

到目前為止，Cobie的Echo籌款平台僅完成了三項項目融資，因此值得看漲。此外，Mainnet發射 + Airdrop計劃可以隨時啟動（但似乎已推遲到4月）。

If I had to choose one word to sum up Initia, it would definitely be "intertwined" .

如果我不得不選擇一個單詞來總結initia，那肯定是“交織在一起”的。

Initia is an L1 network that builds a modular application chain ecosystem by integrating different L2s.

Initia是一個L1網絡，它通過集成不同的L2來構建模塊化應用鏈生態系統。

This sounds like Ethereum, but Initia hopes to solve the problems that ETH maximalists are dissatisfied with Ethereum.

這聽起來像以太坊，但Initia希望解決Eth最大化主義者對以太坊不滿意的問題。

Unlike Ethereum L2, which operates in isolation, Initia deeply integrates L1 and L2 networks to build an intertwined ecosystem. These second-layer networks are called "Minitias". This design idea is similar to the subnet of the Avalanche protocol (recently renamed L1).

與以太坊L2隔離運行不同，Initia深入整合了L1和L2網絡以構建一個相互纏繞的生態系統。這些第二層網絡稱為“ Minitias”。這種設計思想類似於雪崩協議的子網（最近更名為L1）。

Unlike Ethereum, but similar to Avalanche, the OPinit stack supports three major virtual machine architectures: EVM, MoveVM, and WasmVM. This means that developers can choose the programming language they are most familiar with for development.

與以太坊不同，但與雪崩類似，Opinit堆棧支持三個主要的虛擬機架構：EVM，MOVEVM和WASMVM。這意味著開發人員可以選擇最熟悉的編程語言進行開發。

This may make ETH bulls salivate. Initia's on-chain liquidity mechanism allows staking INIT tokens alone, or using approved INIT-X liquidity pool tokens (trading pairs with INIT tokens) to obtain yield rewards through the Delegated Proof of Stake (DPoS) mechanism.

這可能會使Eth Bulls垂涎三尺。 Initia的鏈上流動性機制可以單獨使用INIT令牌，或使用經批准的Init-X流動性池代幣（與Init代幣的交易對）通過授權的股份證明（DPOS）機制獲得收益獎勵。

Built-in liquidity is good Ponzi economics, which forces 50% or more of INIT to be used as a trading pair. These LP tokens must be authorized through a whitelist.

內置流動性是良好的龐氏騙子經濟學，迫使50％或更多的啟動用作交易對。這些LP代幣必須通過白名單授權。

Similar to Berachain, Initia also has a native decentralized exchange: InitiaDEX built on Layer 1 based on the Move programming language. It is the liquidity hub of the Omnitia ecosystem, and from what I understand, even between different L2s, most of the liquidity will flow through InitiaDEX (and the mandatory configured INIA liquidity pool).

與Berachain類似，Initia還具有基於MOVE編程語言基於第1層的Initiadex的本地分散交易：Initiadex。它是全尼氏生態系統的流動性中心，據我了解，即使在不同的L2S之間，大多數流動性都將通過Initiadex（以及強制性配置的INIA流動性池）流動。

Initia has many more features, such as a native cross-chain bridge (called Minitswap) and a Vested Interest Program (Rollups can earn rewards by creating DAPPs and expanding new use cases for INIT tokens), but for me, the four core features mentioned above are still the most prominent highlights of the project.

Initia具有更多功能，例如本機跨鏈橋（稱為MinitsWap）和既得興趣計劃（Rollups可以通過創建DAPP和擴展Init代幣的新用例來獲得獎勵），但是對我來說，上述四個核心功能仍然是該項目最著名的重點。

Initia integrates the demands of Ethereum native users for Ethereum into one product, creating an intertwined ecosystem.

Initia將以太坊用戶對以太坊的需求集成到一種產品中，從而創建了一個相互交織的生態系統。

Tokens and Fundraising

令牌和籌款活動

The token economics details have not yet been fully revealed. Initia only shared four relevant details:

令牌經濟學細節尚未得到充分揭示。 Initia僅分享了四個相關細節：

* 50% of the supply is allocated to VIP and reserved liquidity pools

*將50％的供應分配給VIP和保留的流動性池

* Staking rewards not unlocked for Insiders

*積分獎勵未為內部人員解鎖

* Enjoy a discount of about 30% on the community round.

*在社區回合中享受約30％的折扣。

*15% for investors

*投資者15％

We can expect the Initia project to adopt an airdrop method with vesting, because its co-founder Zon once wrote that "vesting is a gift. It prevents you from selling too early and forces you to keep your faith."

我們可以預期，Initia項目將採用帶有歸屬的空調方法，因為其聯合創始人Zon曾經寫道：“歸屬是禮物。它可以防止您過早出售並迫使您保持信仰。”

In September 2024, Zon also revealed to The Block that Initia completed a $14 million Series A financing with $350 million FDV, and investors included Theory Ventures, Delphi Ventures, Hack VC and other institutions.

2024年9月，Zon還向該區透露，Initia以3.5億美元的FDV完成了1400萬美元的A系列融資，投資者包括理論風險投資公司，Delphi Ventures，Hack VC和其他機構。

The testnet has an incentive mechanism, so feel free to interact with the official testnet website, claim test tokens and participate in the ecosystem. All details can be found on its testnet page.

TestNet具有激勵機制，因此可以隨意與官方測試網站，要求測試令牌並參與生態系統進行互動。所有詳細信息都可以在其TestNet頁面上找到。

As usual, I don’t have high expectations for testnet activity.

像往常一樣，我對測試網活動沒有很高的期望。

Overall, the Initia ecosystem is well-established, but a key question remains: Will builders and users choose to participate deeply in it?

總體而言，初始生態系統是良好的，但是一個關鍵的問題仍然存在：建築商和用戶會選擇深入參與其中嗎？

Fogo: The fastest Layer 1 blockchain

Fogo：最快的第1層區塊鏈

Fogo, another project that launched a token sale on Cobie’s Echo fundraising platform, raised $8 million at a $100 million valuation.

Fogo是另一個在Cobie的Echo籌款平台上發起代幣銷售的項目，以1億美元的估值籌集了800萬美元。

Fogo uses a highly optimized version of the Solana validator client Firedancer, developed by Jump Crypto, as the only execution client on its network.

Fogo使用了由Jump Crypto開發的Solana Validator客戶端Firenancer的高度優化版本，它是其網絡上唯一的執行客戶端。

Firedancer isn’t even live on the Solana network yet. Solana will soon benefit from the Fired

Firedancer甚至還沒有居住在Solana網絡上。 Solana將很快受益於被解僱