Proposal Details

Proposal #153

Passed

Proposal title

Register ERC20 for Crescent Network

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

97.38%

Proposal #153 description

Register ERC20 for Crescent (CRE)

What is Crescent?

Crescent Network is a Cosmos appchain that aims to serve as public infrastructure and maximize capital efficiency with a hybrid AMM / order book approach.

ERC20 representation for Crescent (CRE)

When a proposal is initiated for an existing native Cosmos Coin, the erc20 module will deploy a factory ERC20 contract, representing the ERC20 token for the token pair. This enable access to DeFi protocols, NFT and new applications that are based on ERC-20 (like AAVE, Diffusion, etc.).

Main benefits for enabling CRE as an ERC20 token in Evmos:

  • Evmos users can use CRE in Evmos’s ERC20 applications.
  • Newly built products like Neokingdomdao can have external connection with Crescent.

Verify metadata

  • Base: ibc/B5AB26FB63C08E1C14B91B4DDC15CA4FE59737052B4432D8A3B328B66F6FE7A1
  • Display: cre
  • Name: Crescent
  • Symbol: CRE

Proposal #153 overview

Total votes
2,031
Voters
1,959
Total deposit
3,501 EVMOS