Proposal Details
Proposal #114
Rejected
Proposal title
Register ERC20 for yEVMOS: Liquid Staking Token
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
51.89%
Proposal #114 description
Disperze has developed a Liquid Staking solution for EVMOS network, the liquid token denomination is yEVMOS, currently it is an IBC token, and with this governance proposal it will be to enable its conversion to ERC20 and can be used in Defi dApps within Evmos network.
- Follow the discussion in commonwealth
- More details here
Note: Disperze is not included in the validator-set, delegations will be used to help decentralize the network. Validators outside the top 40 or <1M VP will be chosen.
Benefits
Some additional benefits of our solution.
- Native experience, Evmos users will not need to move to another network or change wallets.
- Execution time is similar to a single IBC transfer.
- Lower fees (currently: 0%, max: 10%)
- Contracts are deployed in an existing network (Juno), more secure than launching a new network.
Metadata
Proposal #114 overview
Total votes
8,136
Voters
7,799
Total deposit
3,502 EVMOS