• Dymension, Evmos Core Teams and Celestia have launched the world’s first IBC-enabled EVM rollup on testnet.
• The new RollApp utilizes the EVMOS token as its gas token and updates its state to the Dymension Hub.
• Developers will be able to fork any EVM-based dApp and deploy it on the RollApp using Dymension’s technology.
Dymension’s Launch of World’s First IBC-Enabled EVM Rollup
Collaboration with Evmos Core Teams and Celestia
Dymension is a blockchain startup building a network of easily deployable modular blockchains called RollApps. It has partnered with Evmos Core Teams and Celestia in launching the world’s first IBC-enabled EVM rollup on testnet. This was made possible through close collaboration with the Evmos Core Development Team, as the RollApp uses Ethermint, an implementation of Ethereum Virtual Machine that is built on top of Dymension’s RollApp.
Utilizing EVMOS Token as Gas Token
The new RollApp utilizes the EVMOS token as its gas token and updates its state to the Dymension Hub in addition to posting data to Celestia’s “Mocha” testnet. It also features a Uniswap V2 fork and bespoke frontend as part of a proof-of-concept for demonstrating how anyone can deploy their own RollApp and host EVM dApps.
Benefits for Developers
Developers are able to fork any EVM based dApp and deploy it on the RollApp using Dymension’s technology due to it being IBC enabled. This allows them to scale their decentralized applications quickly while benefiting from an interoperable blockchain solution offered by this collaboration between three companies.
Yishay Harel’s Comments
Yishay Harel, CEO and Co-Founder of Dymension Lab stated: “Excited to have worked closely with the Evmos team to achieve this milestone. With the world’s first IBC-enabled EVM rollup now deployed on testnet, we’re one step closer to bringing scalable and interoperable blockchain solutions to the wider community.“
This launch marks an important milestone for both Dymension Lab, Evmos Core Teams and Celestia in furthering their mission of providing users with fast, efficient, secure, reliable solutions powered by blockchain technology that they can use regardless of technical expertise or resources available at hand.