Facet is a new generation blockchain expansion platform inspired by Ethscriptions (to solve the splitting and liquidity problems of inscription assets) that is different from traditional L2. Facet is currently built on Ethereum and all transactions are Ethereum transactions. By changing the interpretation of these transactions and data, Facet allows you to use Ethereum at an extremely low cost (around 1/10th of the cost) without sacrificing Security and decentralization. This new extended paradigm effectively overcomes the shortcomings of traditional Rollup solutions such as centralized sorters, downtime, and the possibility of operators censoring users. At the same time, Facet is loosely coupled with the underlying blockchain that provides transaction ordering. As market demand and the ecosystem continue to prosper, it can be easily deployed to all EVM-compatible (even non-EVM) blockchains.

$Facet is an inscription asset fairly issued and operated by the community.

Facet inscription assets can be split into fungible (FT) tokens that are compatible with the ERC-20 standard across domains to the Facet main network through the Facet bridge. In Facet

Inscription assets, FT assets, and NFT assets can be issued on the platform.

The mission of the Facet community is to promote and spread the Facet protocol, apply it to various fields such as DeFi, GameFi, SocialFi, etc., and advocate this new paradigm revolutionary movement. This mission reflects Facet

The community has a firm commitment to promoting the development and popularization of the protocol, and a positive attitude towards leading a new round of technological innovation!