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#ETHS# #ETHS# ETHS: The value hub and consensus cornerstone for building the Facet ecosystem - a model of decentralized community power.
1. Genetic Advantage: The Ecological Orthodoxy of Inscription Tokens
As the first token with a constant total supply of 21 million based on the Ethscriptions protocol on the Ethereum mainnet, ETHS has undergone two years of market cycle verification and has completed a key leap from technical innovation experiment to ecological value carrier. Its immutable protocol gene and scarcity design establish its core asset status within the Facet ecosystem.
2. Community Potential: The Core Driving Force of Ecological Development
Native Consensus Cohesion: Ethscriptions and the Facet ecosystem formed the earliest self-organizing community, which has been established for two years. The community's cohesion and activity levels have been tested by time and validated by the market.
Technical Co-construction Practice: Deeply participating in the upgrade iteration of the Facet protocol layer, witnessing the continuous innovation and improvement of the Facet protocol.
Ecological Expansion Engine: Driving the cold start of core applications such as DEX and NFT markets, contributing to over 85% of ecological TVL.
3. Value Closed Loop: A Multi-Dimensional Ecological Empowerment System
Payment Layer: As the benchmark trading pairs for FacetSwap, upeths (testnet has been launched), the average daily settlement amount exceeds $120M.
Governance layer: Holders enjoy an additional weight for upeths proposal rights.
Application Layer: Integration of the GameFi medal system and the profit-sharing of the upcoming upeths platform.
4. Future Vision: Leader of the Web3 Community Paradigm
With the launch of the FacetVM virtual machine and the advancement of the modular expansion plan, ETHS will serve as a Layer 1.5 value transmission medium, ushering in a new era of ecological leadership.
Facet: Reshaping Security and Efficiency through Decentralization Rollup
As the only completely decentralized, decentralized sequencer, and multi-signature control rollup on the Ethereum mainnet, the Facet protocol won the "Unstoppable Rollup" special grant from the Ethereum Foundation, which greatly improved Ethereum's scalability and censorship resistance. The innovation of Facet is that all on-chain transactions are published directly to the Ethereum L1 mainnet (calldata), and each transaction is endorsed by L1's ultimate security. This model eliminates the potential risks caused by traditional L2 bridge contracts, multisig and centralized sequencers, and realizes the true "unstoppable" meaning of the Rollup architecture.
Facet is not only the technical foundation for ETHS and other inscriptions and asset circulation, but also the key driver for the Ethscriptions ecosystem to achieve the transition from "lab innovation" to "mainstream large-scale implementation."
FCT (Facet Compute Token) is the native gas token of the Facet chain, which is used to pay for the fees of some operations in the chain. However, unlike the vast majority of blockchains, the real gas of the Facet chain is not FCT, but ETH on the Ethereum L1 mainnet. This is because the actual on-chain interaction relies on ETH to pay gas on the mainnet to broadcast and execute data. Even if there is no FCT, as long as there is ETH in the wallet, users can still operate smoothly on the Facet chain. Without ETH, even if you hold FCT, you can't initiate an actual on-chain interaction on Facet. This design is fundamentally different from other chains, making FCT a "secondary gas" or "auxiliary fuel" within the chain. For ordinary users and investors, FCT is mainly a supplementary tool for the transfer of functions within the chain, and there is no need to equate it with L1 ETH.