Cointime

Download App
iOS & Android

Evmos Adds Auto-Conversion for Swaps Between Ethereum and Cosmos Tokens

The latest upgrade for the Evmos blockchain has introduced automated conversions for token swaps in and out of its ecosystem.

Evmos is a Cosmos ecosystem blockchain with native support for Ethereum applications and tokens. Its goal is to bring the two blockchain ecosystems closer and allow tokens to flow more freely between them.

Automated conversions were added in the latest version 10.0 upgrade on Jan. 5. When someone sends a token native to the Cosmos ecosystem to Evmos, it will be automatically converted to an Ethereum-compatible token so it can be used immediately on Evmos and sent to Ethereum-compatible blockchains. The aim is to make the experience of using the blockchain and moving between Cosmos and Ethereum more streamlined.

(By Tim Copeland)

Comments

All Comments

Recommended for you