🫂CVM dApps

It's crucial to have a wallet with some CosVM tokens before using dApps. Please check the wallet section of our website to find the right wallet if you haven't already installed one. You can read the Heading onwards CosVM strategies to obtain CVM tokens if you don't already have any.

Use the CosVM core development team's built-and-maintained dApps to get started, or browse the extensive ecosystem of co-apps on our Ecosystem page

Queries and Transactions​

You can begin using dApps on CosVM once your wallet is configured. In general, there are no transaction fees associated with reading information from the network( querying). Therefore, without charging a network fee, dApps can always show blockchain information, like your asset balances.

You must use your wallet to sign transactions and pay a small network fee in order to use dApps. A blockchain transaction is a value transfer. When lending or borrowing assets, this can entail anything from the straightforward transfer of tokens to another account to changing a character's ownership.

How to interact with dApps

Join the CosVM network with your wallet. To submit a transaction( such as to stake your tokens), go to the dApp. Pay the network fee with gas, then sign and broadcast the transaction on your wallet. Observe the transaction's success and confirmation. View your transaction's changes in the dApp. A block explorer allows you to view additional information about your transaction. Block explorers enable anyone to view all transactions in the network. Transactions are batched and processed in a block along with other transactions.

CosVM dApps

CosVM Labs creates its own CosVM dApps. Staking out and voting for governance proposals is a simple way to start.

Staking

The CosVM network's security and decentralization depend heavily on staking. Proof-of-Stake technology, which encourages a group of community members to keep the CosVM network online and decentralized, powers it. Since they must keep an eye on and improve the software that powers the CosVM network, these community members, known as validators, are in charge of validating transactions in a block. Because they receive a commission on your stake, validators are encouraged to continue using the internet.

By assigning your CVM tokens to a validator, you can contribute to the network's security and place them at "stake." You will receive new CVM tokens( Rewards) every day as a result of this. Taking advantage of rewards You cannot use or transfer your tokens in other dApps while they are still staked. You have the option to delegate your tokens at any time. After the protocol-defined unbonding period, you can resume using your tokens.