- Dymension, a blockchain scaling startup, has launched the world’s first IBC-enabled EVM rollup on testnet in collaboration with Evmos Core Teams and Celestia.
- The new EVM RollApp leverages the EVMOS token as its gas token and will feature a Uniswap v2 fork and a bespoke frontend.
- Developers can use Dymension’s tech to deploy their own RollApp and host EVM dApps.
About Dymension
Dymension is a blockchain scaling startup that raised around $7 million in a private round earlier this year.
IBC-Enabled EVM Rollup Launched
In collaboration with Evmos Core Teams and Celestia, Dymension has launched the world’s first IBC-enabled EVM rollup on testnet. This offering is part of Dymension’s roadmap to establish and bootstrap a new ecosystem of IBC-enabled rollups. The collaboration will bring “superior” access to the Cosmos ecosystem for Ethereum Virtual Machine (EVM) blockchains.
Features of the EVM RollApp
The first EVM RollApp is being deployed within the platform’s initial testing ground called “35-C.” It uses Ethermint, an implementation of the Ethereum Virtual Machine built on top of Dymension’s RollApp. It also features a Uniswap v2 fork and a bespoke frontend. Developers can also fork any EVM-based dApp and deploy it on the RollApp with the help of Dymension’s technology.
Benefits for Developers
Developers will be able to seamlessly deploy their own RollApps by using Dymension’s technology, enabling them to host their own Ethereum Virtual machine (EVM) based dApps.
Conclusion
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The launch of this IBC enabled EVM rollup marks an important milestone for developers who want seamless access to both Cosmos Ecosystem and Ethereum Virtual Machine blockchains.