The "green bull chain" Eclipse TGE is coming, and the new savior of Ethereum is coming?

Claimed to be Solana on Ethereum, the "cattle" chain Eclipse gathered more than 1,000 people to participate in the latest Discord community AMA, which revealed that the Ticker of the TGE token is $ES, which also indicates that Eclipse's TGE may be coming soon. This article will give you a preliminary introduction to what is this green "bull chain"? And how do you stand out in the Layer 2 crowd?

What is Eclipse?

Eclipse is a blockchain platform developed by Eclipse Labs that runs on Ethereum's Layer 2 and is the first SVM chain to be allowed on Ethereum L2. The goal is to combine Solana's fast execution capabilities with Ethereum's liquidity and security to provide developers with an efficient and robust environment for building decentralized applications.

As CEO of Eclipse, Vijay Chetty previously served as Head of Business Development at Uniswap and dYdX, as well as at BlackRock and Ripple. CTO Ben Livshits is also a veteran former vice president of research at zkSync, chief scientist at browser Brave, research scientist at Microsoft Research, and an associate professor at Imperial College London.

At present, it has gone through three rounds of financing, and the latest round of Series A financing raised $50 million at a valuation of $1 billion, led by well-known VCs such as HackVC and PolyChain, followed by OKX Ventures, Bankless Ventures, Delphi Digital, etc. The luxurious team lineup and the luxurious financing lineup make the market look forward to Eclipse.

It is worth mentioning that Eclipse's recognizable mascot "Turbo the Cow" is inspired by Eclipse's powerful sequencer "beefy sequencer" model, which is considered an important part of the platform's technical foundation, which also makes this mascot more of a core character.

Since launching on mainnet last November, the platform has generated 930 ETH in fees, has over 467,000 Discord members, and has over 1 million wallets participating, processing over 17 billion transactions cumulatively. Eclipse processes more than 250 million transactions per day, while trading volume on DEXs already exceeds $911 million, with daily transactions fluctuating between 120 million and 240 million.

Solana on Ethereum?

How does Eclipse do this for a company that wants both the security and liquidity of Ethereum and the high-speed processing of Solana? This has to mention the concept of GSVM "GigaScale Virtual Machine" proposed by the official.

The traditional ETH Layer 2 "Optimistic Rollup, etc." is limited by the serial execution and hardware adaptability of the EVM, so Eclipse created GSVM to directly benchmark Solana's "Sealevel Parallel Runtime" through software and hardware co-design and cross-layer optimization, but in the form of L2. This also allows him to have the advantages of two chains at the same time, and there are four major innovation points: "software and hardware collaborative design", "dynamic expansion and hotspot isolation", "cross-layer optimization", and "computing abstraction and parallelization", which allows him to form a moat at the technical level.

To put it simply, if Ethereum is compared to an old urban arterial road with "strict traffic rules and high tolls", and Solana is compared to a German highway with "multi-lane parallel and low tolls", then Eclipse is a highway built on a main road, and the entrance and exit need to pass through the main road.

The "software and hardware co-design" equips the vehicle with intelligent engines "GPU/FPGA" and automatic navigation "SmartNICs", which automatically adjusts the speed according to road conditions, and when the truck passes through the "complex contract transaction", a special lane will be opened and computing power will be accelerated, while the "simple contract transaction" only needs to go through the general fast lane. The function of "dynamic expansion and hotspot isolation" is to directly increase the lane of the highway during peak hours through dynamic CPU allocation, and if there is a popular project, this access can also be used as a hotspot isolation to provide resources without affecting the operation of the entire chain. The "cross-layer optimization" is to exchange data from high-speed gas stations and maintenance stations in real time. By prefetching transaction data, the "gas station" can be used to prepare gas in advance, and the AI "enhanced scheduling" can predict in advance which blocks are prone to congestion or damage. On the other hand, "off-chain computation + on-chain proof" can hand over complex calculations to off-chain computing, and the toll station "Ethereum's main road" releases vehicles through license plate verification "ZK proof".

Through the above path, Eclipse maximizes data security and processing efficiency, allowing it to handle more mass-adopted applications, which is more suitable for the current blockchain app era.

Eclipse's Eco Project

To date, the Eclipse ecosystem has attracted more than 60 dApps and service providers, spanning DeFi, gaming, and consumer applications. The following BlockBeats takes a closer look at some of these native projects.

NFT ecosystem

After School Club

Eclipse's official OG Genesis series "After School Club", a total of 10, 000 pieces, the current floor price is 0.49 ETH, and it was revealed through the official AMA that there will be a certain airdrop percentage, but the details are unknown. The current floor price is already too high, so be cautious about market volatility if you want to participate.

Scope

Scope is Eclipse's NFT launchpad and secondary marketplace trading platform. It has a fairly official background, for example, the official NFT ASC is issued on the platform, and the mode that can be interacted with is to trade NFT and Mint NFT, but there are not many new projects at the moment.

Minty.Market

The permissionless NFT platform issued by HorseLabs just went live on March 28, and the team produced both NFTs and a launch platform for memes.

GameFi ecosystem

Send Arcade

SendArcade is an innovative blockchain gaming platform running on the Solana blockchain and Eclipse mainnet, launched by Send, which is known to players familiar with the Solana ecosystem, as well as Solana's on-chain kit, which is responsible for Solana's hackathon competition and the launch of Solana's On-Chain Kit. In the last month, Eclipse's Send Arcade has surpassed 45,000 players.

Turbo Tap

TurboTap is an official Eclipse cattle raising game, that is, raising the mascot "Turbo Cow" mentioned above, which belongs to a GameFi that must be participated in to play the ecosystem. The gameplay is simply to raise cattle, as long as the wallet or protocol has money, you can directly and passively obtain grass "similar to Sonic's holding tokens to get PP points", and use the game to exchange Eclipse's points "airdrop expectations" for the chain's capital stock.

Hedgehog

Hedegehog is the equivalent of Eclipse's PolyMarket, where users can place bets and earn money on a variety of predictions.

DeFi ecosystem

Astrol

Astrol is the native lending protocol on the Eclipse ecosystem, and they are currently conducting a points campaign, where users can not only get borrowing income, but also get future coin airdrops.

Invariant

Invariant is the native Dex protocol of the Eclipse ecosystem, and when interacting, several of the liquidity pools can also receive airdrop expectations for platform credit activities.

Umbra

Eclipse's native DEX, which is deeply involved in the ecosystem, has recently cooperated with Astrol, Nucleus, and Eclipse officials, and can obtain points from both platforms and the official cattle breeding game Turbo Tap when forming LP pools.

Meme ecology

Fight.Horse

Fight.Horse, as an SVM-native meme launcher, belongs to the same HorseLab product as the Minty.Market mentioned above, and is now only deployed on Eclipse, although the MemeCoin culture and infrastructure of the Eclipse ecosystem have not yet been popularized, and there are not many basic Kanban boards and supported bots, but the ease of operation of Solana and the concept of Ethereum's liquidity are indeed expected. If the ecology is supported more, it should become a good liquidity groove.

With Eclipse's "Turbo the Cow" on the horizon and TGE looming, Eclipse will either occupy Ethereum's liquidity and high performance in so many Layer 2 markets and bring about a new era of blockchain applications, as its narrative suggests, or it will be lonely like most L2s. Nothing is yet known, but as we move towards greater adoption, new technologies are necessary to follow suit, and Eclipse is certainly here to help.

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