$CSPR The core points are good, but how did it end up like this? 🔍 CSPR (Casper) Core Points 1. Positioning and Track: It is a PoS Layer-1 public blockchain focusing on bringing real-world assets (RWA) on-chain, providing compliant and upgradeable blockchain infrastructure for enterprise and financial scenarios. Launched on mainnet in March 2021. 2. Core Technical Advantages: - Zug Consensus: Provides instant transaction finality, which is crucial for financial transactions, regulated assets, and enterprise workflows. - Native Multi-Virtual Machine Support: Supports mainstream languages such as Rust, WASM, JavaScript, Python, Go, enabling applications with different technical requirements to run natively on the same chain without relying on Layer 2. - Upgradable Smart Contracts + Protocol-Level Access Control: Smart contracts can be securely iterated, with built-in role-based permission management, better aligning with enterprise compliance needs. 3. Token Economics: - Total Supply: 14.314 billion tokens, with 96.73% in circulating supply. - Inflation Model: Approximately 3.5%–8% annual inflation used for staking rewards, with validator annual yields around 7%–12%. Tokens are used for paying Gas, staking, and governance. 4. Ecosystem and Market Status: - About 348,500 token holders, listed on 13 centralized exchanges. - Market sentiment is somewhat "pessimistic," with current price down about 99.78% from its all-time high, indicating a high-risk asset. 🚀 Potential and Risks Potential Points - High Compatibility with RWA Track: Has unique advantages in institutional asset tokenization and compliant financial applications. If RWA becomes mainstream, its technical features (instant finality, access control) could see increased enterprise adoption. - Developer-Friendly: Multi-language support lowers the entry barrier for Web2 developers, facilitating ecosystem expansion. - Certainty of Finality: More competitive in high-frequency financial transaction scenarios compared to other Layer-1s. Risk Points - Intense Competition: Faces pressure from mature projects like Ethereum, Solana, Avalanche in the Layer-1 space; ecosystem size and user base remain relatively small. - Inflation Pressure: Ongoing token inflation may suppress price performance unless ecosystem applications and demand grow significantly. - Low Market Recognition: Currently ranked lower in market cap, with limited liquidity and attention.