/biz/ - Business & Finance

Based Bread Baker Sun Dec 3 14:56:41 2023 No.56848944 [View]
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Little reminder: Vote YES for 11898

>Proposal Project ECHO Morphing USTC into a Gas Token

>Presenting Project ECHO: Our idea to turn USTC into a Gas Token to facilitate cross chain interoperability and transactions processing. ECHO will serve as the first, true contracts functionality bridge between Terra Classic and the chains outside of IBC. Yes, USTC can and would be used to allow Solidity based contracts to directly communicate with any WASM launched contract on USTC supporting chains. Not only is this functionality novel, it will provide a much-needed edge in the marketplace of not just IBC chains, but Layer 1 Enterprise Solutions overall. We will be using the Cronos Chain and its token CRO (Crpyto.com) as the first chain to interact with EVM Contract Chains as well as all the IBC-Connected Chains.

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