EOS EVM v0.5.0 Goes Live, Enabling Yield+ Liquidity Mining on EOS EVM

Twitter icon  •  Published 9 महीने पहले  •  Hassan Maishera

The ENF announced earlier today that it had released the EOS EVM v0.5, enabling Yield+ liquidity mining on the network.

The EOS Network Foundation announced on Wednesday, May 31st, that EOS EVM v0.5.0 reached code completion this week and will be going live on mainnet soon.

In a press release shared with Cryptowisser, the ENF said this is the first major EOS EVM release since mainnet launch, and it is an important milestone for the EOS community. 

EOS EVM V0.5 Enables Yield+ Liquidity Mining

According to the development team, the EOS EVM v0.5 comes with yield+ liquidity mining. Yield+ is a liquidity rewards program designed to attract DeFi dApps and to increase Total Value Locked (TVL) on the EOS network. It rewards tokens to DeFi dApps based on the total value of the deposits that they manage to attract to and keep in the EOS ecosystem. 

The team added that Yield+ is only one of several updates that have been included in the code release of EOS EVM. The other updates are focused on increasing optimization, performance and the user experience for developers.

The other updates include;

  • Adding read-only transaction execution support to the EVM contract, a necessary component for Yield+ integration with the EOS EVM.

  • Removing advanced execution to increase nested call level, thus enabling contract use cases that may have been rejected before.

  • The “inevm” table now shows up in the ABI, which should allow for easy exploration of the total sum of the EOS balances within the EVM environment using an EOS block explorer.

  • The withdrawal action has been modified to take an optional extra argument called “to”.

  • The EOS EVM Contract will now reject any non-EOS tokens that are sent to it, e.g. USDT. As a reminder, the trustless bridge does not yet support any tokens other than EOS.

  • A more descriptive error message is now returned if validation of a pushed EVM transaction fails.

  • A bug in the historical index of the EOS EVM Node was fixed & additional bugs in EOS EVM RPC were fixed.

  • Configurable permission enabled in tx_wrapper.

The ENF also added that the testnet upgrade for EOS EVM v0.5 is also in process, and deployment on the mainnet will come shortly after, dependent on the testnet release running smoothly.

The team also stated that this is the first of many updates that will be gradually released to the community in the coming months. A full EOS EVM product roadmap will also be published in the near future so that the community can better understand what’s to come from the EOS EVM.

The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal Web3 user and developer experiences.

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.