Add Ethereum's native staking token ETH to the Althea EVM
Details
Description
This proposal, if passed, will add wETH the canonical wrapped version of Ethereum as an allowed token to be moved into the Althea L1 EVM environment. Before voting yes on this proposal check that the contents are correct by querying denom_trace: base_denom: gravity0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 path: transfer/channel-0 and ensuring that the resulting denom is gravity0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 (canonical wrapped ethereum) over the Gravity Bridge channel channel-0.\n\n This proposal will enable a new pool ALTHEA/WETH on the ifi dex which will recieve the bulk of liquidity incentives if the plan outlined in this forum post passes in a later proposal https://forum.althea.net/t/ifi-dex-incentives-and-inflation-parameters/742
Votes