Breaking: XRPL EVM Validators Receive Rewards in XRP Unlike XRPL Mainnet

Published 09/02/2024, 07:21
Updated 09/02/2024, 07:45
Breaking: XRPL EVM Validators Receive Rewards in XRP Unlike XRPL Mainnet
XRP/USD
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Coin Edition -

  • Peersyst CEO Ferran Prat reveals that the XRPL EVM validators will receive their rewards in XRP.
  • He contrasted the XRPL EVM sidechain with the XRPL mainnet, in which XRP fees are burned.
  • The team is currently unbothered about a new name for the sidechain, though it may happen in the future.

The XRP community has been abuzz with the recent developments in the XRPL ecosystem, including the EVM sidechain integration. In a recent revelation, Peersyst CEO Ferran Prat Tio revealed that the XRPL EVM Validators would be paid in Ripple’s native token, XRP.

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