Ignis，Fogo和Snapchain是将加速发行新令牌的项目

这些项目将用作测试台，为其他项目铺平道路。

Author: Ignas , DeFi Research

作者：IGNAS，Defi Research

Compiled by: Tim, PANews

编译者：蒂姆，潘努斯

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

新令牌的发行放慢了速度，但我相信它将很快加速，因为：

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

*我们将看到启动自己的代币的有趣项目数量有所增加

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

*这些项目将作为测试台为其他项目铺平道路

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.

在这篇文章中，我想突出显示我的Twitter提要中经常出现的一些协议。但是，似乎并不是每个人都熟悉他们的工作。

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上发布垃圾邮件并等待令牌气动器的人之一，但不知道他们做什么，那么这篇文章适合您。

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

initia：多链生态系统的“伊甸园”

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

Initia在Cobie的Echo筹款平台上完成了其在Echonomist Group的首次销售。

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).

到目前为止，Cobie的Echo筹款平台仅完成了三项项目融资，因此值得看涨。此外，Mainnet发射 + Airdrop计划可以随时启动（但似乎已推迟到4月）。

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

如果我不得不选择一个单词来总结initia，那肯定是“交织在一起”的。

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

Initia是一个L1网络，它通过集成不同的L2来构建模块化应用链生态系统。

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

这听起来像以太坊，但Initia希望解决Eth最大化主义者对以太坊不满意的问题。

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).

与以太坊L2隔离运行不同，Initia深入整合了L1和L2网络以构建一个相互缠绕的生态系统。这些第二层网络称为“ Minitias”。这种设计思想类似于雪崩协议的子网（最近更名为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.

与以太坊不同，但与雪崩类似，Opinit堆栈支持三个主要的虚拟机架构：EVM，MOVEVM和WASMVM。这意味着开发人员可以选择最熟悉的编程语言进行开发。

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.

这可能会使Eth Bulls垂涎三尺。 Initia的链上流动性机制可以单独使用INIT令牌，或使用经批准的Init-X流动性池代币（与Init代币的交易对）通过授权的股份证明（DPOS）机制获得收益奖励。

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.

内置流动性是良好的庞氏骗子经济学，迫使50％或更多的启动用作交易对。这些LP代币必须通过白名单授权。

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).

与Berachain类似，Initia还具有基于MOVE编程语言基于第1层的Initiadex的本地分散交易：Initiadex。它是全尼氏生态系统的流动性中心，据我了解，即使在不同的L2S之间，大多数流动性都将通过Initiadex（以及强制性配置的INIA流动性池）流动。

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，例如本机跨链桥（称为MinitsWap）和既得兴趣计划（Rollups可以通过创建DAPP和扩展Init代币的新用例来获得奖励），但是对我来说，上述四个核心功能仍然是该项目最著名的重点。

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

Initia将以太坊用户对以太坊的需求集成到一种产品中，从而创建了一个相互交织的生态系统。

Tokens and Fundraising

令牌和筹款活动

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

令牌经济学细节尚未得到充分揭示。 Initia仅分享了四个相关细节：

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

*将50％的供应分配给VIP和保留的流动性池

* Staking rewards not unlocked for Insiders

*积分奖励未为内部人员解锁

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

*在社区回合中享受约30％的折扣。

*15% for investors

*投资者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."

我们可以预期，Initia项目将采用带有归属的空调方法，因为其联合创始人Zon曾经写道：“归属是礼物。它可以防止您过早出售并迫使您保持信仰。”

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还向该区透露，Initia以3.5亿美元的FDV完成了1400万美元的A系列融资，投资者包括理论风险投资公司，Delphi Ventures，Hack VC和其他机构。

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具有激励机制，因此可以随意与官方测试网站，要求测试令牌并参与生态系统进行互动。所有详细信息都可以在其TestNet页面上找到。

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

像往常一样，我对测试网活动没有很高的期望。

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

总体而言，初始生态系统是良好的，但是一个关键的问题仍然存在：建筑商和用户会选择深入参与其中吗？

Fogo: The fastest Layer 1 blockchain

Fogo：最快的第1层区块链

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

Fogo是另一个在Cobie的Echo筹款平台上发起代币销售的项目，以1亿美元的估值筹集了800万美元。

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开发的Solana Validator客户端Firenancer的高度优化版本，它是其网络上唯一的执行客户端。

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

Firedancer甚至还没有居住在Solana网络上。 Solana将很快受益于被解雇