Eden Network (EDEN) Project Analysis
1. Research Comment
Eden Network is a priority transaction network that protects Ethereum traders from malicious MEV (frontrunning, sandwich attacks, etc.) and arbitrary reordering, widely appearing in DEX on every public chain. It is not the only project to MEV problem, but the only one that issues token, and also lowers the threshold that any users can participate.
2. Recent Flashpoint
Investments from Multicoin, Jump Capital, Alabama Research, Defiance Capital, and well-known blockchain developer Andre Cronje.
3. Project Introduction
Eden Network is an optional, non-consensus breaking ordering protocol. The protocol creates a transparent and fair set of rules to order transactions within each block.Eden Network takes a user-focused approach to the MEV problem, and includes stronger incentives for all stakeholders driven by a protocol token.
4. Token Roles
The protocol is only available to EDEN holders, and the more tokens held, the higher priority is obtained.
Block producers are rewarded for mining Eden Network blocks in EDEN. In return, they provide priority block space for traders and slot tenants.
Stake LP to get liquidity rewards.
5. Token Allocation
Total supply: 250,000,000、
- Block Producers: 60%
- Liquidity Providers: 30%
- EDEN Treasury: 10%
6. Investment Institutions
Multicoin, Jump Capital, Alabama Research, Defiance Capital, and Andre Cronje, the founder of Yearn.Finance
Eden Network (EDEN) Basic Information
Token name: EDEN
Project website: https://edennetwork.io/
Block query:
https://etherscan.io/token/0x1559fa1b8f28238fd5d76d9f434ad86fd20d1559
CoinW Research
September 9, 2021