📍Project Rating: Vara Network丨B $VARA
Broadly speaking, Vara should be regarded as a chain of the Polkadot ecosystem
Vara does not have a very clear description of its strategic direction
In addition, it also adopts the NPoS consensus mechanism like Polkadot. The main feature of the entire chain at present may be to achieve gas-free transactions by issuing vouchers through the foundation. To put it simply, it is [Pinduoduo subsidies]
In fact, there are many L1s in the market that hope to further expand their user base in this way, but it is obvious that there is an effect, but it is not big, and this is also the case with Vara
There are not many exchanges listed on CMC. Its secondary market token trend reached a stage high some time after the launch, and then went down all the way. It may be that the wash-out turnover is in place, and it has now begun a period of decline
Purely from the perspective of trading, comprehensive circulation, trend and operation, I think it is worth paying attention to