How does evmos work?

Validator operators can earn participatory rewards in exchange for taking part in securing the network and adding new blocks to the chain, while any token holder can delegate their Evmos tokens to a validator to earn a share of rewards. Evmos is a decentralized proof of stake blockchain in the Cosmos ecosystem.

What is 1 evmos (evmos) in USD?

The price of converting 1 Evmos (EVMOS) to USD is $0.058589196125 today. Last updated 06:03AM UTC. Evmos (EVMOS) is worth $0.058589196125 today, which is a -0.6% decline from an hour ago and a -10.6% decline since yesterday. The value of EVMOS today is 7.7% higher compared to its value 7 days ago.

What is a validator & evmos?

Validators impose a small fee to delegators on the staking rewards they generate on their behalf. While validators can place different commission rates, Evmos allows a minimum rate of 5%. At a minimum, decentralized public blockchains should have a constitution and a governance system.

What is ABCI vs evmos?

To put it simply, ABCI is the infrastructure that allows Evmos to replace Ethereum's proof-of-work with Cosmos' proof-of-stake. The EVM is Ethereum's computation engine that runs like a decentralized computer consisting of millions of single computers. It runs the execution and deployment of smart contracts on Ethereum.