Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Inside Vara.eth: A New Approach to Scaling Ethereum
Recorded: Feb. 12, 2026 Duration: 0:21:37Space Recording
Short Summary
In a recent AMA, the team behind Vara.eth discussed the platform's innovative approach to decentralized finance, highlighting the VARA token's role in user interactions and the importance of integrating with other scaling solutions. As the crypto landscape evolves, Vara aims to prioritize fundamental growth and address real-world challenges, positioning itself as a key player in the DeFi space.
Full Transcription
Music Thank you. We are very sorry for this one.
I don't know what's going on today.
It's kind of an unlucky day for us.
You know, first we had the bad connection,
then we have this issue that the whole AMA session just closed in.
But we are back live. Once again our apologies for this issue.
Do you hear me well, Nikolai? All good?
Yes, I think it's something to do with when you kind of briefly lose connection and then it's just stop working.
I think this has happened to me and
as well so yeah indeed indeed indeed indeed once again our apologies for this one
and uh yeah so let's just wait for a few moments uh for our uh listeners to join back in and we can proceed that sounds good yep yep oh cool thank you very much let's just wait one or two minutes
Okay, cool. Let's just proceed with that. So, you know, just we had this conversation
about Dexes, you know, and what type of apps are especially well suited for Vara.eth.
You know, let's just elaborate on this more. So, are there any use cases that were difficult
or impractical on Ethereum before, but now became realistic with Wara.Eth.
Let's just proceed with that. Yeah, so DEXs are just, you know, obvious example for that, because
if you kind of recall why Web3 actually appeared, they tried to, you know, capture,
you know capture uh kind of to introduce uh economic protocols uh over the internet so
initially internet didn't have a much you know uh economy built in in into protocol itself and when
when people tried it uh to implement it they kind of um encountered encountered a lot of difficulties.
And then Bitcoin appears, then Ethereum appears, and so people started to figure out.
But the Internet is not limited to economic protocols and once you have economic built-in into people communications you can
you can kind of revisit all the applications you did before and try to think about them in a in a
normal way when the economy is uh when freedom of transaction are integrated into a protocol itself.
So you can have like a VPN, for example, without central authorities.
This is what a third project, for example, is doing.
You can have like a chat applications like a chat applications which doesn't have servers or whatever.
You can have much more work of Web 2 Internet built into Web 3 protocols
and have economy on top of that.
So, for example, if you have a chat applications and you can have a value exchange between users,
and you can have a value exchange between users, fully uncensurable,
fully without any middleman.
And this is actually what Internet was designed for.
It was initially a completely decentralized environment,
and I think we should return to this state.
and I think we should return to this state.
And we are moving over there.
And we are moving over there.
So a lot of applications need to be revisited
and I would say reintegrated into people,
in a way people interact with each other through internet
and through these new protocols
which have economy integrated in them.
Got it, understood.
So you know, I have another question on my mind is, you know, from a trader or DeFi user's
perspective, you know, how does Vara.eth perform during periods of extreme volatility like
today's, right?
Like a current state or sudden traffic spike so
what decisions help it stay responsive under pressure
uh yeah uh so i mean uh it's uh probably uh i didn't seek it this way.
Obviously, Vara network, Vara.eth, is not omnipotent or anything.
So, for example, if everybody starts to do a minimum of transactions,
we also will have difficulties.
But those difficulties will start under much more uh you know um higher conditions
than uh than obviously on ethereum or a similar network or even on solana for uh because we have
also uh this uh pre-confirmations for example uh you get the instant confirmation of your transactions with
with some you know responsibilities of a particular network operator that this is what you
we are going to do will happen and he will put a stake on it. So this also helps a lot during this Spikes in Activity
because you already have a confirmation and you can be sure
that eventually what you did will show up.
Otherwise, you get a compensation.
So this is probably one of the things that we are doing to address this.
Otherwise, I also mentioned isolated states of different applications and that every application is kind of a small row up with a particular ability to process transactions.
So if one application is super loaded,
then via ITH,
via network for this matter, but it doesn't matter.
So via ITH then can process all other applications
without any congessions whatsoever,
because it's kind of inherently paralyzable.
This is a couple of points to this question.
But in general, of course, I mean, globally, it's a hard question. We can easily facilitate behavior under load, but essentially, you know, any system under heavy load will have issues.
You just want to, you know, try to lower impact on them as low as possible.
Sorry for talking to you. Yeah, understood that absolutely.
Yeah, actually, that's a very global question.
And I think you would have some time, even hours, to discuss this one.
Yeah, so as far as I know as well, there's a VARA token, right?
Within the VARA ETH ecosystem. uh and as as far as i know as well there's a lot there's a vara token right uh you know within the vara eth ecosystem so um how does vara function inside vara.eth and why should you users see it
as a core part of the experience uh as for vara token uh it i mean it's given that uh eth is actually like a gasless um you can you can avoid using uh
our token of this token for uh interacting with anything of our th because uh we have like a so
called reverse gas model where actually application uh pays for every execution and then
you know all the gas all the stuff application pays uh for it and the you as a user don't even
need to uh don't even need to figure out uh what is the token is uh unless you are trader or whatever
and then so you don't need this token to interact with Vira.eth.
It's up to application developer to establish economic relationships with its users.
They might continue to be free forever and subsid their own execution or the way they see fit
uh so this is something for example you can't do on a trail alone uh because i mean you can but it's
much more complicated uh and under the tth is just a default way of uh of developing uh things uh so
of the open things.
So as of VARA token itself,
it just powers every execution.
It just powers Ethereum settlements,
and it's just the blood of the system.
We have quite limited governance.
I believe that sound system has little...
I mean, they need some governance, but I think the governance should be as limited as possible,
just to make sure that the system continues to be sound, continue to be fair.
And this is basically all that governance should do once you have a sound system that is free for all.
And there are no, you know, some kind of authorities that push the system into their own way.
And so this is what governance is about.
And the VAR token is used in the governance itself.
And also it is used for securing the system.
So it would be of some interest to liquidity provider
and the stakers and everything around this.
But as for users uh they have um
they really don't need to think much of the vara token itself
got it well noted sir thank you very much for this reply and you know i really like
i truly love the way you you express your thoughts and i truly love the way you you know you're very
thoughtful and mindful about what
you're saying and that's very cool and very bullish for me personally and I hope and I think
that our users are happy to have you here as well to listen to you and to your explanation
and very great positioning as well regards the governance yeah that's very cool very bullish
so now for you for users who want to try Vara.Eth
for the very first time,
what is the easiest and lowest barrier
way to get started today?
Is there like maybe a recommended
app or just simple
user journey you have there? Thank you. you
okay and this is uh this is yeah sorry about that uh yeah we're getting used to it and so indeed i mean uh while uh dot eth itself uh it is not uh like uh something
users directly interact with uh it's more like um and unless obviously you kind of some kind of uh
as i mentioned before liquidity provider like a validator like a industry participant or actually application developer
but uh the products uh that that are possible on uh vara.eth are uh obviously uh you know user
oriented uh and uh so the best way for you you know, for regular user is to interact with Vira ATH is obviously using products that appear on Vira ATH.
And we will keep posting updates about them on our social networks and whatever.
So, yeah.
Got it.
Well noted.
And, you know, just wanted to actually to ask as well,
so this is the last question from my end, personally,
and I would love to know what are your long-term perspectives,
you know, and why would someone continue choosing VAR.Ease
as more scaling solutions come online?
scaling solutions come online uh so uh what we want to do actually if you look at the broader
theorem ecosystem you want to include all the robs over there all the all the you know
co-processors all the you scaling stuff, and you actually can integrate
VARA.ETH with all of them.
I'm not sure if we are going to do it or rather they are going to do it at this point.
I think, you know, all the L2 rollup narrative is going to condense into something more sensible soon and once this happen
uh we'll probably uh reiterate uh rethink our plans of what need to be integrated what uh what
doesn't need to be integrated and uh we'll act accordingly uh at this point, our main focus is to provide Ethereum with a competitive advantage over, for example, Solana, Nia Protocol, or similar high-performance modern blockchain.
So that Ethereum has a lot of advantages over them already, but it has has also some disadvantages so we must just address
those disadvantages so a term ethereum will continue to you know thrive uh and to dominate
the space uh so this is uh some things in my mind about this question yeah sounds perfect sounds
perfect so thank you very much for this one and uh i would love to ask you like a personal question об этом вопросе. Да, звучит прекрасно. Спасибо большое за это.
И я бы хотел спросить вам личную вопрос.
Вы, возможно, русский?
Да, действительно.
Хорошо, хорошо.
Хотел бы вам спасибо сказать за то, что вы строите на Ethereum.
Это замечательно.
Спасибо большое. Всегда рады, давно строим.
Отлично.
Окей, я не здесь в ничего не буду. Okay, I'm not hearing anything again.
Oh, okay.
So, yeah, thank you very much once again, Nikolai.
That's a great one.
That's a very thoughtful insights you shared with us today.
And thanks to everyone who joined this AMA session with us.
And our great apologies for some issues and some connection problems as well.
Hopefully, we'll fix that in the near future.
I guess X is just very laggy today.
Unlucky for us, but still we had a great conversation.
We had a great time here.
We had great questions, great answers.
And in a market like this, taking time to calmly discuss technology and product direction and long-term goals is very, very important.
So we actually hope that today's AMA session helped clarify what Vara is building,
why it's being built this particular way,
and how it fits into the current market from a user's point of view.
So, you know, market moves in great cycles,
but projects that focus on fundamentals and real problems
tend to last much longer, as Vara just showed us today. And, you know, Vara has chosen a steady and long-term
path, which is pretty bullish in my personal opinion. You know, most of the users in Web3 are
kind of tired of this short-term, you know, pump and dump hype narrative stuff, you know,
behind any projects. But know you know projects like
like vara actually focus on fundamentals and real problems that tend to last so you know it shows a
long long-term path especially in in how it approaches execution and usability you know
we encourage everyone to explore vara further through the community documentation and of course
hands-on experience and form your own view over time. So once again, thank you, Nikolai, for these amazing answers
and for those insights and to everyone who joined us.
Is there any comments, Nikolai, you would love to add here?
Yes, sure.
First of all, thank you, everybody, for listening as well.
So, yeah, as you mentioned uh we are completely open source uh fully
decentralized protocol like aiming to you know help the humanity to achieve economic freedom
maybe it sounds uh too you know ambitious but essentially any sensible web3 project
sensible web3 project is actually doing it if they stick to the values of web3.
So it's really great to see that people are having interests in any core technologies how things are working trying
to figure out for themselves and it's very uh inspiring to do uh things that people are
interested in so i'm also quite an open person you can always throw me questions on Twitter or whatever, Telegram, and happy to answer them
individually, as well as
public questions if they arise.
And once again, thank you for listening. Great questions
and great audience. Happy to
be here.
Perfect. Sounds great. I dropped your follow as well on X.
And hopefully we'll be seeing some more updates for Vara from your end as well.
So thank you very much once again, guys.
And just a short disclaimer before we end this one.
So the content shared today does not constitute any offer, solicitation, or investment recommendation.
And please make your own decisions and seek independent professional advice if needed.
So GATE may restrict access to its services in certain regions.
And for more information, of course, please refer to GATE's user agreement.
Thank you very much once again to everyone.
It's been your host, Dens, as always, on GATE.io.
And we'll be happy to have you here once again, you know, upcoming weeks, upcoming AMA sessions.
So thank you, guys, and take care.
