An EVM Network is a blockchain network that is compatible with the Ethereum Virtual Machine, allowing it to execute smart contracts written in Solidity or other EVM-compatible languages. This compatibility means that applications and tools developed for Ethereum can often be deployed or adapted to these networks with minimal changes. EVM networks share a similar account model, transaction format, and gas fee structure with Ethereum. They provide an environment for decentralized applications to operate with varying trade-offs in terms of speed, cost, and decentralization.
Context
The expansion of EVM Networks continues to be a dominant trend in the blockchain ecosystem, offering developers and users a familiar and versatile environment beyond the main Ethereum chain. Discussions often focus on the performance and cost efficiencies of various EVM-compatible chains, as well as their respective security models. The ongoing competition among these networks for developer talent and user adoption is a key area to observe for future innovation and market share shifts.
This deployment tokenizes money market funds and structured notes, establishing a compliant, yield-generating collateral primitive for institutional DeFi.
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