Odaily News: The Cosmos ecosystem's EVM compatible chain, Evmos, announced the launch of Evmos 2.0 on August 2nd. Evmos 2.0 is not just a rebranding, but a major reset.



The updates in this version include enabling StakeFi and IBC composability through Evmos EVM extensions, an incentivized sustainable growth Evmos v2 token economics, and value consistency with future Evmos SDK chains through software licensing.



According to previous reports, on May 20th, Evmos mentioned that the team noticed that a former co-founder has been attempting to sell 500,000 EVMOS tokens on Osmosis. The address holds 34 million EVMOS tokens and has staked 11.5 million EVMOS tokens. The initial lock-up period for tokens in this address is one year, with a linear release over four years. Evmos stated that this co-founder made substantial contributions to the project and left due to disagreements on certain issues. Currently, Evmos is working with this individual to transfer the tokens back to the Evmos Foundation. The Evmos Foundation and the core contributing team completely reject such actions that would only harm trust in the project.