Earnmos: An All-In-One Yield Optimizer and Rewards Booster on Evmos
DeFi has exploded in popularity over the last few years, and the complicated but lucrative practice of yield farming is at its forefront. There’s just one problem: newer investors will find themselves lost in a sea of opaque terms and strategies.
That’s how Earnmos was born: it’s an all-in-one yield optimizer and rewards booster that takes care of everything for you. Earnmos is a community-driven project designed around creating a seamless user experience that doesn’t require any technical knowledge or a deep familiarity of DeFi and the Cosmos. Investors using Earnmos can access everything the cross-chain future offers without having to struggle with the Cosmos ecosystem’s ever-growing complexity. For more on Earnmos’ vision and philosophy, check out their blog post.
There are three phases in the Earnmos project roadmap: the Genesis, veToken, and Theta phases. In the Genesis phase, Earnmos made its yield optimizer available by partnering with major DeFi projects on Evmos.
Now, Earnmos is transitioning into the veToken phase, which includes the implementation of veToken aggregation by applying the Convex Finance + Curve model. This feature allows users to gain boosted rewards by locking tokens through Earnmos in exchange for their liquidity Earnmos counterparts. Earnmos will also launch their own token during the veToken phase.
Lastly, the Theta phase will bring cross-chain facilities by leveraging interchain accounts. In the future, Earnmos will leverage LayerZero technology to interact with and farm across other blockchains as well as explore the possibilities of new DeFi solutions in the Cosmos and beyond.
If you’d like to learn more about what goes on behind the scenes, check out the Earnmos docs for a more in-depth breakdown on how the Convex model will work on Earnmos and details on its auto-compound and auto-stake strategies.
Earnmos, a yield optimizer on Evmos blockchain, is dedicated to facilitating the investment experience and earning the best yield for users across all the blockchains. They have been selected as the first batch of projects on Evmos official grant program.
Evmos is the first Ethereum Virtual Machine–based blockchain in the Cosmos ecosystem and enables developers to launch apps that run smart contracts across any number of EVM- and Cosmos-based blockchains. It makes that process as simple and seamless as possible by allowing developers to continue creating apps in Solidity and Vyper like they’re accustomed to in the Ethereum ecosystem. Evmos opens a new frontier for blockchain applications, expanding the functionality of the EVM by enabling cross-chain applications that tap the liquidity and user bases of multiple blockchain ecosystems to provide a more unified experience.
Follow our journey below:
💻 Developer Documentation: https://evmos.dev/
👾 Official Discord: https://discord.gg/trje9XuAmy
🐙 GitHub: https://github.com/tharsis/evmos
🕊 Twitter: https://twitter.com/EvmosOrg
📯 Telegram: @EvmosOrg
📄 Medium: https://evmos.blog/