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About WEVMOS

Evmos is an Inter-Blockchain Communication protocol, a.k.a. IBC; the IP layer for blockchains. IBC is currently the safest and most secure and decentralized way to move assets across different blockchains, unlocking interoperability across multiple chains.Evmos leverages the Cosmos SDK serves as the first IBC-compatible EVM-based chain, bringing composability, interoperability, and fast finality to Ethereum.

Wrapped Evmos (WEVMOS) is a cryptocurrency launched in 2022. WEVMOS has a current supply of 8.98M with 8.98M in circulation. The last known price of WEVMOS is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at http://evmos.org/.

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WEVMOS Price Statistics
WEVMOS’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7499
WEVMOS Market Cap
Market Cap
$0
Fully Diluted Market Cap
$27.41M
WEVMOS Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
WEVMOS Supply
Circulating Supply
8.98M
Total Supply
8.98M
Max Supply
1.00Bn
Updated Aug 21, 2024 9:30 am
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WEVMOS
Wrapped Evmos
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
DWF Ventures: Based rollups can alleviate L2 fragmentation issues, and major protocols have made positive progress
DWF Ventures: Based rollups can alleviate L2 fragmentation issues, and major protocols have made positive progress
DWF Ventures recently published an article on X stating that the current L2 is largely centralized, and the problem of liquidity fragmentation is becoming increasingly serious. Currently, more than 74 L2s have been launched, and there will be more in the future. However, with the growth of Based rollups, these problems may be alleviated, as analyzed below: Ethereum Roadmap: A key goal of Ethereum is to reduce centralized concerns about MEV. Based rollups help achieve this goal by reducing reliance on centralized sorters in L2, while introducing distributed block construction and pre-confirmation for a better user experience. Based rollups: The sorting is driven by the underlying L1, where L1 proposers replace L2 sorters and can include rollup blocks in L1 blocks without permission. As more proposers join, this enhances decentralization/activity and reduces the risk of chain interruption/censorship. L2 generates significant revenue through transaction fees and MEV, and since L2 sorters are largely centralized, most of the revenue goes back to the team. Through Based rollups, L1 will get more value redirected back to them. By sharing sorting, rollups can gain additional value. Infrastructure - Shared Sorting: Espresso Systems is building a market that allows rollups to sell sorting rights. This allows multiple proposers to participate in a single block, and rollups can earn more sorting revenue because proposers must bid higher than the reserve price to be selected as sorters. Other protocols focusing on this area include: Astria, Rádius, NodeKit. Infrastructure - Application Chain Framework: Spire is building a framework for developers to create their own based application chains. Application chains can leverage L1 liquidity and can be combined with other application chains. As a result, users can enjoy a seamless bridge-free connection experience in the ecosystem. Use Case - Cross-Chain Composability: Coinbase is building its own based rollup "KeySpace" to enable smart wallets to cross chains through a single address. Taiko Gwyneth is a based rollup designed to achieve synchronous composability between L1 <> L2/L2 <> L2. This enables more arbitrage and MEV opportunities, driving more value back to the base layer. Use case for better user experience and benefits: Puffer Finance is building a based rollup called UniFi. Users can experience faster transactions (through pre-confirmation) and earn additional benefits from rollup fees. They can also access the liquidity of other based application chains without decentralization. Overall, although the infrastructure of Based rollups may take some time to mature, some major protocols have made positive progress. As more and more application chains are deployed as based rollups, the ecosystem will develop rapidly with strong network effects.
Sep 08, 2024 12:29 pm

Frequently Asked Questions

  • What is the all-time high price of Wrapped Evmos (WEVMOS)?

    The all-time high of WEVMOS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Wrapped Evmos (WEVMOS) is 0. The current price of WEVMOS is down 0% from its all-time high.

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  • How much Wrapped Evmos (WEVMOS) is there in circulation?

    As of , there is currently 8.98M WEVMOS in circulation. WEVMOS has a maximum supply of 1.00Bn.

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  • What is the market cap of Wrapped Evmos (WEVMOS)?

    The current market cap of WEVMOS is 0. It is calculated by multiplying the current supply of WEVMOS by its real-time market price of 0.

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  • What is the all-time low price of Wrapped Evmos (WEVMOS)?

    The all-time low of WEVMOS was 0 , from which the coin is now up 0%. The all-time low price of Wrapped Evmos (WEVMOS) is 0. The current price of WEVMOS is up 0% from its all-time low.

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  • Is Wrapped Evmos (WEVMOS) a good investment?

    Wrapped Evmos (WEVMOS) has a market capitalization of $0 and is ranked #7499 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Wrapped Evmos (WEVMOS) price trends and patterns to find the best time to purchase WEVMOS.

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