News/Evmos to Update to v8.0.0 with Support for Block Proposers and Contract Deployers Sharing of Transaction Fees

Evmos to Update to v8.0.0 with Support for Block Proposers and Contract Deployers Sharing of Transaction Fees

Aug 24,2022,19:01
Cosmos ecosystem EVM hub Evmos will upgrade to v8.0.0 in 6 days and implement the feesplit module and the DApp Store. The feesplit module enables $EVMOS to support splitting transaction fees between block proposers and contract deployers. Its based on EIP-1559 but redistributes the fees instead of burning. This offers a new source of income for smart contract deployers. DApp Store includes all registered contracts. When users interact with these contracts, contract deployers and validators will receive a 50/50 split of transaction fees, which can be tuned by governance.
Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
Share
NewsMore
    Loading...