The Evmos rocket took off again yesterday after a refueling stop in March. Following the relaunch, we have had several “Wen Launch” questions from the community — an expression of the excitement and momentum building up for our mainnet deployment. Well, the suspense is over! EvmoSwap is Live, albeit not fully. Below are the details;
AMM Contracts Deployment
We have deployed some AMM swap contracts in anticipation of full deployment. Users can now perform swap transactions on the EVMOS–USDC pair while also adding liquidity to be eligible for the proposed airdrop for early LPers (refer to the airdrop allocation article here).
Bridge your USDC/USDT/DAI/FRAX/FXS/WBTC/WETH token from Ethereum using the Nomad bridge if you wish to provide liquidity. After bridging, you’ll receive madUSDC which you can swap for USDC.
Buy Evmos on the DEX (https://app.evmoswap.org) and head to the Pools section to add liquidity to the EVMOS-USDC LP or Other LPs. Add liquidity and stay tuned for LP incentives.
Tokenomics
Ticker: $EMO
Chain: EVMOS Chain
Max Supply: 500 million EMO tokens
More details: https://docs.evmoswap.org/
Private Sale/IDO Launch
We are keeping pace with events on our roadmap. Thus, Private Sale/IDO will go live today. Addresses for the IDO will be collected and those qualified will be whitelisted. There will also be a public IDO, which will be open to the entire community (Launch date is TBD).
Apply for the private IDO using the form below;
Application private sale whitelist: https://forms.gle/yoEEgYMa81TPK1ZE6
What’s More?
That’s not all. We have more developments in the pipeline. We understand the community’s excitement, but we plan to implement things accordingly. Once IDO is completed, liquidity mining rewards will come to the fore. Users will stake their respective LPs into our carefully curated staking pools to earn juicy APR rewards in our native token — $EMO.
Let’s leave you to bask in the excitement of this announcement. However, we will release more details concerning relevant updates to the community in the coming days and weeks. Until then, tarry with us. It’ll be a jolly ride, we assure you!
About EvmoSwap
EvmoSwap is an automated market-maker, and the DEX is at the core of the whole ecosystem. It aims to be the go-to DEX, amongst other product offerings, on the Evmos Chain. With decentralized finance being an open ecosystem, EvmoSwap forks PancakeSwap, an AMM DEX operating on the BNB Chain (previously Binance Smart Chain).
The Evmoswap DEX is host to several user-friendly functionalities that facilitate decentralized finance.
