Register ERC20 for Crescent (CRE)

## What is Crescent?

Crescent Network is a Cosmos appchain that aims to serve as public infrastructure and maximize capital efficiency with a hybrid AMM / order book approach.

## ERC20 representation for Crescent (CRE)

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 (like AAVE, Diffusion, etc.).

## Main benefits for enabling CRE as an ERC20 token in Evmos:

- Evmos users can use CRE in Evmos’s ERC20 applications.
- Newly built products like Neokingdomdao can have external connection with Crescent.

## Verify metadata

- Base: ibc/B5AB26FB63C08E1C14B91B4DDC15CA4FE59737052B4432D8A3B328B66F6FE7A1
- Display: cre
- Name: Crescent
- Symbol: CRE