A buzzy airdrop and a novel tokenomic structure highlight the launch of EvmosOrg, an EVM-compatible chain on cosmos. Blockanalia reports
Young EVM-compatible ecosystems are also often ripe with lucrative opportunities for yield farmers and traders as newly-released protocols tend to be more generous with tokens.
At launch, the chain will be home to a handful of decentralized finance mainstays and forks. A Rari Capital fork and a Uniswap fork were advertised in a press release, and Küllmer also mentioned Balancer fork, a CryptoPunks fork, a lending platform and an Olympus fork, many of which will be deploying with “novel tokeneconomics,” he said.a proposal to deploy its v3 implementation to the chain shortly after launch.
Additionally, however, Evmos took aim at Ethereum users with their initial distribution – specifically, ones that have been “rekt.”. In total, over 1.9 million addresses will be eligible for the airdrop, according to Küllmer.Perhaps the highlight of Evmos’ launch is its tokeneconomic structure, one which re-examines the relationship between validators, users that interact with smart contracts and developers.
Fee sharing will go partially to validators, but also to the teams that created the contracts that are driving chain usage. Additionally, users will be able to vote on which smart contracts earn “usage rewards” from a community pool, which allocates tokens to users for interacting with chosen contracts.
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