🚀 Hey everyone!
Lots of things are happening on Evmos!
Over the past few weeks, we've rolled out some big updates, all thanks to YOU, your opinions and votes! 🎉
This is what happened ⬇️
Introducing
⚡️evmOS Lite EVMs ⚡️
Excited to introduce our latest EVM innovation and have @osmosiszone be the first to adopt it 🫡
The EVM supports 2 types of contract calls (image below):
1. General Execution: Uses the interpreter to call standard contracts (eg. solidity).
2. Native Execution: Calls native code (precompiles) for optimized execution.
At er we pioneered using Native Execution to call native t actions from contracts such as IBC Transfers and staking.
The thing is, everyone wants to have the users and distribution from EVM wallets, but not all chains wish to support EVM smart contracts.
So at @EvmosOrg we came up with a completely new way to support all EVM wallets while restricting standard solidity contract deployments and calls to the EVM: Lite EVMs.
Lite EVMs are only possible on evmOS. They are forward-compatible EVM chains that enable calls only the Native Execution path (2), while disabling the General Execution path (1) on the EVM. This allows us to support native stateful precompiled contracts (aka. EVM Extensions).
What does this mean for Osmosis?
- You can see your OSMO balance and Osmosis portfolio on any EVM wallet (no Snaps or add-ons required).
- Significantly expand their user base (MM alone has over 30M users)
- Tokens on Osmosis are dually represented as IBC and ERC-20s through Native ERC-20 tokens.
- Execute all native transactions on Osmosis as EVM Extensions
- Plug-n-play: They can put the Uniswap v3 ABI on top of the DEX module to have full support for more dApps and services.
Let's bring more users to @osmosiszone and @cosmos!
Evmos 🤝 Osmosis
evmOS 🤝 🤝 🤝 Realio
Welcome another ⚡ evmOS ⚡ partner - @realio_network!
Realio, an L1 ecosystem focused on the issuance and management of #RWAs, has gained EVM compatibility powered by #evmOS ☄️
We are pleased to announce that all vested and unvested EVMOS tokens from former Evmos co-founder Akash Khosla have been returned to the Evmos Foundation.
This agreement marks a new phase of our project and we’re looking forward to this new journey full of growth, success, and great opportunities ahead.
Learn more about the announcement below ↓
https://t.co/kYdoHPIiwD
Burn proposal passed with overwhelming majority 🔥 🔥
136 million EVMOS will be burned this Thursday during the upcoming @EvmosOrg software upgrade.
All fees from Cosmos transactions will be burned starting that day too.
Burn baby burn 🔥
@EvmosOrg Burn Mechanism Proposal going live tomorrow with an additional 66.6% decrease in inflation🔥
A follow up proposal will be submitted for the burn of the 132M #EVMOS tokens from the usage incentives account
LFG 🚀🫡
Perpetual Markets Arrive on Evmos: Unlocking $40B+ in aggregated liquidity across 160+ sources on over a dozen EVM chains.
You read that right. We’ve been teasing for months, but we never had the chance to dive into the technicals or the numbers. 👇🧵
🔥 Big News!🔥
Evmos has made a strategic decision to align closer with Ethereum by deprecating Cosmos transactions by Q4 2024 to:
• address compatibility challenges,
• increase efficiency,
• bring uniformity to user and developer experiences.
https://t.co/G03OVdFd1g
🚨DYDX HEDGIES GIVEAWAY🚨
Hedgies are an NFT by $DYDX which allows holders to receive discounts on trading fees!
To enter stake to our validator - "OA STAKING" on #DYDX
To stake: https://t.co/la0n2NogYM
To bridge DYDX from Ethereum: https://t.co/v41edAbbKa
🚀 Noble USDC is now live on Evmos Portfolio (Assets)! 🚀
🔗 Access your incentives for Noble USDC by transferring your tokens via our dApp Store Portfolio at https://t.co/mt5pqyQ0LI. No more struggling with different token representations!
👇 Here's how it works: