## ERC20 registration for rETH, wstETH, Pepe, stINJ, QCK, qATOM, qOSMO, SCRT, AXL
When a proposal is initiated for an existing native Cosmos Coin, the erc20 module will deploy a factory ERC20 contract, representing the ERC20 token for the token pair. This enable access to DeFi protocols, NFT and new applications that are based on ERC-20.
## Before Voting
- Please follow and discuss this proposal using the official discussion on commonwealth - For technical details, please referer to the Evmos Docs
## Verify Metadata
Before you cast your vote please review the following metadata. If you cannot verify the correctness of this proposal, please abstain. Click here to open the full metadata.
