Difference between revisions of "Evmos (EVMOS)"
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[[Cosmos (ATOM)|Cosmos]] based project that will enable [[Ethereum Virtual Machine (EVM)|EVM]] [[Smart Contract (SC)|contracts]]. | |||
==Basics== | ==Basics== | ||
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*Ethermint v0.1.0 has been [https://ournetwork.substack.com/p/our-network-issue-41-part-2 released] (2-10-2020). | *Ethermint v0.1.0 has been [https://ournetwork.substack.com/p/our-network-issue-41-part-2 released] (2-10-2020). | ||
*[[Testnet]] release: Evmos [https://twitter.com/AnalystDao/status/1491172002685931521?s=20&t=uMNIe98s03yH2VrIOS5-rA 10/12/2021] | *[[Testnet]] release: Evmos [https://twitter.com/AnalystDao/status/1491172002685931521?s=20&t=uMNIe98s03yH2VrIOS5-rA 10/12/2021] | ||
*[[Mainnet]] release: airdrop was scheduled for [https://www.theblockcrypto.com/linked/133926/airdrop-for-ethereum-cosmos-power-users-set-to-take-place-next-week 15-2-2022], then later scheduled for [https://twitter.com/bobbybanzai/status/1497592128079376387 28-2-2022] | *[[Mainnet]] release: airdrop was scheduled for [https://www.theblockcrypto.com/linked/133926/airdrop-for-ethereum-cosmos-power-users-set-to-take-place-next-week 15-2-2022], then later scheduled for [https://twitter.com/bobbybanzai/status/1497592128079376387 28-2-2022] then got delayed again to [https://twitter.com/EvmosOrg/status/1498091200267444225 2-3-2022]. | ||
==History== | ==History== | ||
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===Launch=== | ===Launch=== | ||
* [[Airdrop]] got [https://www.theblockcrypto.com/linked/133926/airdrop-for-ethereum-cosmos-power-users-set-to-take-place-next-week announced] on 15-12-2022. The [[Snapshot (term)|snapshot]] for the airdrop was taken on November 25, 2021. | * [[Airdrop]] got [https://www.theblockcrypto.com/linked/133926/airdrop-for-ethereum-cosmos-power-users-set-to-take-place-next-week announced] on 15-12-2022. The [[Snapshot (term)|snapshot]] for the airdrop was taken on November 25, 2021. After the airdrop was pushed to later dates twice, [https://twitter.com/EvmosOrg/status/1498091217220882433?s=20&t=f-47DJfOT6Nt4WqmjKdL8g 20M more tokens got added] to it as compensation (28-2-2022). | ||
===Token Allocation=== | ===Token Allocation=== | ||
Revision as of 07:26, 11 March 2022
Cosmos based project that will enable EVM contracts.
Basics
- Based in:
- Started in / Announced on:
- Ethermint v0.1.0 has been released (2-10-2020).
- Testnet release: Evmos 10/12/2021
- Mainnet release: airdrop was scheduled for 15-2-2022, then later scheduled for 28-2-2022 then got delayed again to 2-3-2022.
History
- Used to be Ethermint; '"scalable, high-throughput' PoS blockchain, fully compatible and interoperable with Ethereum Smart Contracts."
- From this thread (9-2-2022):
"EVMos’ genesis is in Ethermint project that sought to bring the EVM to Cosmos. The project rebranded to EVMos in September 2021."
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
- From this thread (9-2-2022):
"DAO treasury controlled by multisig; fund initiatives and support development"
Token
Launch
- Airdrop got announced on 15-12-2022. The snapshot for the airdrop was taken on November 25, 2021. After the airdrop was pushed to later dates twice, 20M more tokens got added to it as compensation (28-2-2022).
Token Allocation
- From this thread (9-2-2022):
"Initial supply: 200m tokens ‐ Rektdrop: 80m ‐ DAO treasury: 20m ‐ Strategic reserve: 100m Rektdrop to Cosmos eco (ATOM & OSMO stakers) & gas drop to Eth eco
High initial inflation; half life decay to reduce issuance Per‐block release: ‐ Staking rewards: 40% ‐ Team (vesting cliff): 25% ‐ Usage incentives: 25% ‐ Community pool: 10% Initial usage incentives are gas rebates; in future AVAX Rush like liquidity mining"
Utility
- From this thread (9-2-2022):
"Fee gas pricing based on EIP 1559 but no token burn. “The dApp Store” model: ‐ Protocol fees split 50/50 (can be altered in future) btwn validators & dApp deployers ‐ Rewards developers based on usage of their dApp; dApps go through governance to get approved"
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
Implementations
Transaction Details
How it works
- From this thread (9-2-2022):
"EVMos is first IBC enabled EVM L1 blockchain; built w/ Cosmos SDK, Tendermint Core as consensus. Goal = “port of entry” Ethereum ‐> Cosmos"
Fees
Upgrades
Mining
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Privacy Method
Compliance
Their Other Projects
Roadmap
"Testnet went live 10/12/2021; mainnet launch expected late Jan. 2022 but pushed to 2/28/2022 Currently integrating infrastructure necessary for mainnet; have pipeline of projects CEVMos in future; Celestia still working on testnet"
Usage
Projects that use or built on it
- From this thread (9-2-2022):
"Proposal to launch Aave v3 on EVMos No specifics but team announced pipeline: ‐ 4 DEXes ‐ Lending protocol (Aave) ‐ 2 perps trading ‐ 3 NFT marketplaces ‐ 15 other dApps"
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
- Built by Tharsis
- Frederico; CEO
- Ethermint used to be worked on by ChainSafe.
Funding
- Funded by a Cosmos grant (9-2-2022).
Partners
- From this thread (9-2-2022):
"EVMos has partnered with Nomad + Connext for bi‐directional bridge btwn Ethereum & Cosmos Cosmos Hub based Gravity Bridge will also enable ERC‐20 token bridging to Cosmos.
In mid‐Dec. 2021, EVMos announced partnership with Celestia to build modular tech stack for EVM dApps; it will be rollup centric at the execution layer ‐ Data availability: Celestia ‐ Settlement: EVMos EVM ‐ Execution: rollups (zk‐RU or optimistic RU)"
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