Evmos Community Incentive Program Kicks Off

Evmos Governance approves 2M+ tokens for DeFi incentives

It’s Happening!

Hello Evmos community! Today we’d like to celebrate the 6 month anniversary of the Evmos genesis along with the community push of incentives for native Evmos DeFi!

It’s no secret that the Evmos DeFi ecosystem has had its share of setbacks; from the delayed mainnet launch to the Nomad bridge exploit, which effectively restarted Evmos’s native DeFi liquidity from ground zero. Now, it is time to rise from the ashes and emerge stronger than ever by rebuilding both community trust and native liquidity for the Evmos DeFi ecosystem!

The first community proposal we’d like to show our support for is to incentivize pools on Diffusion. Diffusion was the first Dex to launch on Evmos and the team has been incredibly involved in the ecosystem from inception, including getting their hands dirty in the Nomad recovery efforts.. The team and platform are well positioned to suit the needs of our DeFi ecosystem. The pools in question pertain to assets from other blockchains like $OSMO, $JUNO, and $ATOM, which aligns with our “EVM hub of the Interchain” mission.

The second proposal is intended to jumpstart liquidity on Kinesis, and while it’s a significantly smaller spend from the community pool, it’s no less crucial to incentivize stablecoin liquidity natively on Evmos than it is to have deep exchange pools. We hope to see further community spending to improve stablecoin liquidity in the future.

We think these proposals are a great first step at realigning the project and community with the original mission: to solidify Evmos as the EVM hub in the interchain, providing services and value to the entire interchain. This can’t be done without deep liquidity and a thriving DeFi ecosystem. We’re excited to see the Community Pool being utilized for these vital initiatives and look forward to future proposals that leverage this powerful resource for both developers and users to bring applications to the limelight.

With the launch of Developer Income and the relatively untapped potential of a 142m EVMOS treasury, we couldn’t be more excited for future deployments and userbases that these initiatives will attract.

We welcome further discussion around incentive alignments and treasury spends, the more the merrier! Though it may be cliche, now is the time to ask what you can do for the Evmos community, not what it can do for you. With that, we look forward to the passionate discussion amongst our community and the subsequent innovation.

See you in the interchain!

About Evmos

Evmos is an 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/evmos

🐙 GitHub: https://github.com/tharsis/evmos

🕊 Twitter: https://twitter.com/EvmosOrg

📯 Telegram: https://t.me/EvmosOrg

📄 Medium: https://evmos.blog/

🖥 Evmos Website: https://evmos.org

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Evmos

Evmos

3.4K Followers

Evmos is an application-agnostic chain that is interoperable with Cosmos, Ethereum Mainnet, and other EVM-compatible chains