Blockchain scaling startup – Dymension – announced the launch of the world’s first IBC-enabled EVM rollup on testnet in collaboration with Evmos Core Teams and Celestia. The latest offering is part of Dymension’s roadmap to establish and bootstrap a new ecosystem of IBC-enabled rollups. The collaboration, on the other hand, will bring “superior” EVM blockchain access to the Cosmos ecosystem.
According to the press release shared with CryptoPotato, the first EVM RollApp is being deployed within the platform’s initial testing ground called “35-C.” It was launched through a collaboration with the Evmos Core Development Team, as the RollApp uses Ethermint, which happens to be an implementation of the Ethereum Virtual Machine built on top of Dymension’s RollApp.
The new EVM RollApp leverages the EVMOS token as its gas token. It is also tasked with updating its state to the Dymension Hub and posting data to Celestia’s “Mocha” testnet. The RollApp will feature a Uniswap v2 fork and a bespoke frontend. This is essentially part of a proof-of-concept to show how anyone can seamlessly deploy their own RollApp and host EVM dApps.
(by Chayanika Deka)
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