Ethervista (VISTA) is a next-generation DEX platform on the Ethereum (ETH) blockchain that utilizes a unique LP rewards distribution model in which LPs and token creators are paid in ETH, based on a mathematical model that ensures fair value for their contributions. Ethervista aims to address key inefficiencies of the standard AMM trading model, particularly the issue of rewards being paid in volatile or low-value tokens.
In a standard AMM like Uniswap, LPs earn fees denominated in the pool token. These fees are generated from trading activity in the pool to which the LP contributes their funds. The main problem with this model is that the asset used for fee payments—typically an ERC-20 token—is often a highly volatile or obscure cryptocurrency whose origins or future value may be questionable. This scares many LPs away from contributing to pools comprised of volatile, small-cap tokens.