SOON has made Kaito Yappers very happy today. There's Huma on the 26th, and using your mouth to brush your hair should be one of the highest odds methods currently available! So today, let's talk about the Sunrise @ Sunrise Layer project one ⃣ project background Sunrise @ Sunrise Layer is a dedicated Data Availability (DA) layer used for liquidity proof, with a focus on enabling developers to build Web3 applications with enhanced liquidity and sovereignty Although no financing information was found on rootdata, some clues were still found from the following list: Currently, Sunrise is being followed by Berachain founder Smokey, Hacker VC partner Yesep, Gumi VC partner Huangfu, and Coggitent VC, indicating that its background is quite good! two ⃣ project progress Sunrise @ Sunrise Layer focuses on the liquidity flywheel, which essentially utilizes the liquidity of various public chains and rollups to integrate liquidity through the underlying mechanism of Sunrise Layer. Its founder @ thetashis explained in detail on Twitter: The direct exchange of X token from Chain A to Y token from Chain B can be done with just one click, which is somewhat similar to the current IBC model! Of course, its underlying integration includes ZKP verification and POL liquidity proof to ensure decentralization and security. From here, we can classify it as a chain abstraction track! three ⃣ Token Model Sunrise @ SunriseLayer's token model is also one of its key innovations, which adopts the rise+vrsie token model: ① Rise is the token that serves as proof of its POL liquidity ② VRISE is obtained through LP (no locking required) ③ VRISE is not a rise - it is non transferable, but can be destroyed 1:1 in exchange for a rise, but it will lose governance voting rights, future agreement rewards, bribery rights, etc ④ As the supply of VRISE increases, the supply space of Rise decreases due to the hard upper limit: Risr+VRISR ≤ 1 billion By controlling emissions, reducing selling pressure, and controlling token limits, the flywheel of Rise can be completed. As for whether the flywheel can fly, it needs time to test Overall, as a B2B project, Sunrise @ Sunrise Layer currently only has the kaito path to take off. Its track is the chain abstraction track, which is a popular track with background and technology. At the same time, the token model is also very good. I am quite optimistic about this project!