Question 1

What is Eclipse?

Accepted Answer

Eclipse is a high-performance Ethereum Layer 2 (L2) blockchain designed to combine Ethereum's security and liquidity with the execution speed of the Solana Virtual Machine (SVM). It is built as an optimistic rollup using Ethereum for settlement, Celestia for scalable data availability, and RISC Zero for fraud proofs.

Eclipse aims to support compute-intensive applications such as artificial intelligence, real-time gaming, decentralised infrastructure (DePIN), and high-frequency DeFi. Its infrastructure includes permissioned sequencers, fraud-proof architecture, and a modular system that enables dynamic scaling and application-specific optimisations.

The network separates execution, proving, and data availability to achieve scalability, with Ethereum providing finality and asset security. Eclipse uses GSVM, a hardware-aware SVM client designed to scale horizontally with modern compute environments.

Question 2

What is Eclipse (ES) token used for?

Accepted Answer

The Eclipse (ES) token is the native utility and governance asset for the Eclipse protocol. It has been deployed across multiple chains and serves the following primary functions:

- **Gas Token**: ES can be used to pay for transaction fees on the Eclipse chain via a native paymaster system.

- **Governance**: Token holders can participate in governance to influence protocol parameters such as fee structures, upgrade paths, and application-specific rules (e.g., custom sequencing logic).

- **Staking and MEV Participation**: ES holders may stake to specific applications to receive a portion of native emissions and MEV redistribution, subject to governance decisions.

- **Fraud Proof Incentives**: ES may be used as a bond in fraud proof challenge systems. Participants who successfully dispute invalid transactions may be rewarded in ES.

- **Economic Alignment**: Future mechanisms governed by token holders may introduce forms of native yield or bonding, aligning incentives across users, applications, and infrastructure operators.

Question 3

Who created Eclipse (ES)?

Accepted Answer

- **Neel Somani**:
  - Founder of Eclipse Labs and original architect of the Eclipse protocol.
  - Holds degrees in Mathematics, Computer Science, and Business from UC Berkeley.
  - Former quantitative researcher at Citadel and software engineer at Airbnb.
  - Has raised over $65 million for Eclipse and is also an advisor and investor in high-growth tech startups.

- **Vijay Chetty**:
  - CEO of Eclipse Labs since May 2024, previously Chief Growth Officer and Chief Business Officer at the company.
  - Former Head of Business Development at Uniswap Labs and dYdX.
  - Held strategic roles at Ripple and began his career in investment management at BlackRock.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ES-USDT ES_USDT	gateio	A	0.0₃8095USDT	5.51%	7,140,782.00ES	212	0.0₃7672USDT	0.0₃8200USDT
2	ES-USD ESUSD	kraken	AA	0.0₃8100USD	0.00%	1,346,875.58ES	42	0.0₃8100USD	0.0₃8700USD
3	ES-USDT ES-USDT	kucoin	BB	0.001032USDT	1.47%	1,192,490.00ES	374	0.001016USDT	0.001077USDT
4	ES-USD ES_USD	cryptodotcom	AA	0.0₃8100USD	5.19%	738,818.40ES	33	0.0₃7700USD	0.0₃8600USD
5	ES-EUR ESEUR	kraken	AA	0.0₃6900EUR	0.00%	0ES	0	0.0₃6900EUR	0.0₃6900EUR
6	ES-USDT es_usdt	lbank	C	0.0₃8080USDT	4.88%	1,289,718,549.22ES	84,641	0.0₃7704USDT	0.0₃8215USDT
7	ES-USDT ESUSDT	toobit	C	0.0₃8072USDT	4.75%	70,694,928.00ES	4,497	0.0₃7706USDT	0.0₃8137USDT
8	ES-THB THB_ES	bitkub	C	0.02706THB	2.89%	2,642,440.36ES	62	0.02630THB	0.02719THB
9	ES-USDT ESUSDT	hitbtc	E	0.001110USDT	0.00%	0ES	0	0.001110USDT	0.001110USDT
10	ES-USDT esusdt	huobipro	C	0.001021USDT	-8.83%	1,339.08ES	1	0.001121USDT	0.001121USDT
11	ES-USDC ES_USDC	backpack	C	0.02987USDC	0.00%	0ES	0	0.02987USDC	0.02987USDC