I noticed that Vanar Chain wasn't initially driven by price or narrative storytelling, but rather by its engineering approach which is somewhat "non-conventional." Currently, most projects in the blockchain space focus on TPS wars, marketing battles, or new concepts, but Vanar gives a completely different impression—these folks clearly think like engineers, designing from the perspective of system stability rather than just "how to sell better."

The underlying philosophy is quite interesting. Vanar didn't follow the trend of hyping up "extreme TPS," a metric that's become quite common, but instead built its architecture around the long-term stability of on-chain assets. You can sense that its engineering assumptions are very clear: the truly sustainable public chains in the future must support stablecoins, collateral assets, and real settlement scenarios, rather than just patching short-term trading emotions.

This involves the collateral system. Vanar's collateral design isn't about "locking assets to create scarcity," but directly serves the security boundary of the stablecoin system. The collateral ratio is set conservatively, and the liquidation logic resembles traditional financial risk buffers, not the high-leverage temptation models typical in DeFi. From an experienced player's perspective, this design may not be very sexy in a bull market, but when the system faces real pressure, it demonstrates resilience.

The most underestimated part is actually the stablecoin mechanism. There are too many pseudo-stablecoins in the market, which are essentially liquidity games, but Vanar's stablecoin feels more like an engineering product rather than a marketing gimmick. It doesn't rely on subsidies to artificially boost demand but integrates stablecoins into on-chain economic activities, making it a hub for value transfer. This approach is slow but logically coherent.

And then there's the $VANRY value capture issue. Many projects have good technology but fail because their tokens become marginal roles like "transaction fee discounts" or "governance voting." At least in Vanar's architecture, there's an attempt to tie $VANRY with collateral security, system stability, and on-chain economic scale. This binding isn't just a slogan on the whitepaper but is genuinely reflected in parameter design.