1. Project Overview

The Enso project was established in 2021, aiming to be the 'shortcut to blockchain' by abstracting cross-chain interactions through a unified engine, allowing developers to build seamlessly without manually writing smart contract integration code.

The project is positioned as Layer-0 infrastructure, connecting all blockchains, rollups, and appchains, supporting scenarios such as DeFi, AI, RWA (real-world assets), and LST (liquid staking tokens).

The core products of Enso include:

  • Shortcuts: Reusable and shareable on-chain action modules (such as one-click deposits, cross-chain bridging, LP position zap).

  • Widget: Embedded UI components that support any-to-any token swaps, lending, and staking without additional approval or multi-step processes.

  • API and SDK: Support for TypeScript and Python, covering 100% of functionalities, making it easy for Web2 developers to get started quickly.

    Core Product

II. Token Economics

Total Volume: 100 million tokens (100,000,000 ENSO)

Maximum Supply: Approximately 127.3 million tokens (127,339,703 ENSO, considering inflation)

Current Circulation: 20.93 million

Token Distribution:

  • Ecosystem 21.59%

  • Foundation 16.605%

  • Community Round 4%

  • Advisors 1.5%

  • Investors 31.305%

  • Team 25%

Token Use:

  • Staking (network validation and delegation),

  • Governance (DAO voting, no staking rewards),

  • Validation (acting as collateral for validator simulation calldata)

Token Economics

III. Team and Financing Background

Core Team

  • Connor: Co-founder, experienced Web3 developer, previously led the predecessor project of Enso (social trading app and DeFi super app).

  • Any: Founding member, joined in 2021, focused on product and community.

  • Milos: Core contributor, expert in Web3 infrastructure.

Financing Status

  • Seed Round: $9.2 million, led by Polychain, Multicoin, Spartan Group, Hypersphere, among others.

  • Total Financing: $14.2 million, over 70 investors.

  • Token Issuance: Public sale on CoinList, FDV $125 million, no lock-up, full unlock at TGE.

IV. Exchanges Listed

Currently online exchanges include: Binance, Bitget, Bybit, Kucoin, Gate, Kraken, MEXC, etc.

Not yet listed on OKX, Upbit.

V. Binance Spot Trading Competition, currently ongoing, ends today, October 28 at 19:00.

The Binance spot trading competition ends today (October 28 at 19:00).

  • The low guarantee is limited to 35,000 people who trade 500u on a first-come, first-served basis, with each person receiving 1-3 ENSO.

  • In the spot trading competition, trading 1000u will share 400,000 ENSO based on the trading volume proportion.

Spot Trading Competition Description

Participants in the spot trading competition should be aware of the distinction between the 'Total Trading Volume of the Trading Volume Championship' and the 'Candlestick Chart Trading Volume' to avoid discrepancies in estimated returns and prevent losses.

Jige previously misunderstood and mistakenly included the candlestick chart trading volume directly in the total trading volume of the championship.

Why does the 'Trading Volume Championship: Total Trading Volume' not match the total trading volume shown on the candlestick chart?

'Trading Volume Championship: Total Trading Volume' shows the total trading volume (both sides) of all trading pairs that meet the conditions, while each candlestick only shows the single-sided trading volume of a specific trading pair. Additionally, the trading volume of users who do not participate in the event will not be included in the activity data, which may cause the total trading volume of the championship to appear higher or lower than the trading volume shown on individual candlestick charts.

(This article does not constitute investment advice, please do your own DYOR)