Invincible Evmos

Goal

The Invincible Evmos aims to boost the number of people who may participate in the Evmos ecosystem as "IBC Stakers". The invincible Evmos will serve as a Defi infrastructure as a trigger that enables users to stake multiple EVM-based assets on the Evmos network by allowing them to be able to earn leveraged rewards.

Differentiation

Invincible Evmos differentiates itself through its native cross-chain approach, integrating with the EVM-compatible chains and the Cosmos ecosystem by providing the multiple asset based liquidity pools. It enables cross-chain staking via Evmos, allowing IBC-stakers to earn leveraged rewards, staking ERC-based assets and continuously bringing them to Evmos.

Feature

1. Staking : The invincible Evmos' core contract is implemented by fully using with the "Staking" of the EVM Extension. When the LP provides the liquidity, and User executes the leveraged liquid staking, those assets will be staked on existing validators.
2. Various Utilizations : Swap pool, Lock up INVI, etc. By providing creating profit opportunities, heaps of assets would be into the Evmos by the invincible Evmos.
3. NFT as the LSD Token : Users are going to receive the NFT if they transfer the main feature, the leveraged liquid staking. The leverage time with amount would determine the NFT's lockup period. (min.60 ~ max.1300 days) During the lockup period, NFT could be collateralized to borrow INVI.

Next step

1. ILP as the liquidity index token : We are going to incentivize LPs to provide ERC-20 based liquidity into the pool which enables users to execute the leveraged liquid staking. And ILP as return will represent for the LP pools' total value. Basically, ILP is the token for monitoring LPs. ILP holders will receive the incentive tokens according to each one's pool share. By implementing $ILP as the liquidity index token, including ERC20s, this token would give even higher value to the LP as more EVM extension precompiles to be launched.

Docs : Link