ES is the native utility token of the Eclipse network and is essential for powering its Layer2 system. Functionally, it is similar to ETH on Ethereum or SOL on Solana, but ES is engineered specifically for performance optimization and high-throughput scenarios.
Eclipse is a high-performance rollup solution built on the Solana Virtual Machine (SVM), employing a co-designed hardware-software architecture to achieve extreme computational capability (branded as GigaCompute). As the network’s native token, ES serves multiple purposes, including payments, incentives, and governance.
Source: https://www.eclipse.xyz/
Eclipse is an Optimistic Rollup that leverages Ethereum data availability layers like Celestia and EigenDA. It reuses Solana’s execution environment (SVM) but introduces a more flexible, high-performance architecture, including:
ES is the fundamental fuel that powers this ecosystem.
According to official documentation and community expectations, the ES token incorporates the following mechanisms:
This token design supports sustainable network growth and provides long-term value to holders.
As the Solana Virtual Machine ecosystem continues to expand, Eclipse could become the leading SVM Layer2 solution. The long-term value of ES depends on several key factors:
Eclipse introduces a new paradigm for on-chain execution performance, with ES serving as the network’s fuel and value anchor. As the ecosystem scales and the user base grows, ES is poised to become a key asset in the high-performance blockchain landscape.
Trade ES/USDT on Gate.com: https://www.gate.com/trade/ES_USDT