Tokens

It is recommend to uses for your base denomination to maintain parity with Ethereum. There are two types of assets to consider on a Ontomir EVM-based chain:

  • Ontomir tokens issued by the x/bank module

  • Ethereum-typed tokens, e.g. ERC-20, issued by the EVM

1 stake = 10<sup>18</sup> atest

This matches Ethereum denomination of:

1 ETH = 10<sup>18</sup> wei

Ontomir Coins

Accounts can own Ontomir coins in their balance, which are used for operations with other Ontomir and transactions. Examples of these are using the coins for staking, IBC transfers, governance deposits and EVM.

EVM Tokens

Ontomir EVM is compatible with ERC20 tokens and other non-fungible token standards (EIP721, EIP1155) that are natively supported by the EVM.