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AMD $509.97 -6.34%

Evmos plans to use Cosmos ecosystem tokens as ERC-20 tokens

2023-11-17 23:37:47

ChainCatcher news, according to The Block, Evmos developer Altiplanic is developing a mechanism that allows Cosmos tokens to be used as ERC-20 tokens on the Evmos blockchain. The planned release will provide Evmos developers with a unified token model applicable to both native tokens and ERC-20 tokens.

Essentially, this integration will enable Cosmos tokens (which are not compatible with the ERC-20 standard) to be used directly in dapps on the Evmos EVM. The mainnet version of the mechanism is expected to be released by the end of this year.

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