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EvMoon is the Moonest and utility farming token on EVMOS network, the EVM branch of COSMOS.
EvMoon is an algorithmic protocol with three tokens, one of which is 1:1 pegged to EVMOS on the newly launched Cosmos EVM network, EVMOS. The protocol's underlying mechanisms dynamically adjust EvMoon supply, trading its price up or down relative to the price of EVMOS to maintain that peg.
This allows the generation of high-APR farming pools on EVMOS, something that is seriously lacking on the ecosystem so far.
Why Cosmos?
Cosmos has over $30,000,000,000 TVL on its native chain, mostly through partnerships with Terra. Now that Cosmos EVM has been launched, we anticipate a similar trajectory of TVL development as its native chain. By launching on EVMOS instead of other already established EVM L1 chains we not only provide core benefit to the crypto space as a whole by further decentralising liquidity, we are also providing a genuine early use-case for the EVMOS ecosystem outside of the already existing DEX's.
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