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ConceptsCoins: AEVA & aeUSD

Coins: AEVA & aeUSD

AEVAaeUSD
Base denomaaevaaeusd
Decimals186
Rolegas, staking, feessettlement and income
EVMthe native gas coinan ERC-20 at a derived address
On testnet-0from the faucet; no valuefrom the faucet; a stand-in with no value

AEVA

AEVA pays for gas — native transactions and EVM transactions alike — and is what validators stake. The fee market sets a base fee with a floor of 25 gwei (25·10⁹ aaeva per gas). Inflation is 0 on testnet-0.

aeUSD

aeUSD is the settlement coin: what trades are priced in and what income is distributed in by default. On a production network it is the display name of USDC bridged onto Aeva; the native aeusd on testnet-0 is a stand-in for it, handed out by the faucet.

Fees in aeUSD are refused on testnet-0: governance has a switch (fee.accept_aeusd) and it is off. A transaction that pays its fee in aeUSD fails with fee denom not accepted; an EVM transaction from an account that holds only aeUSD fails with a message saying gas is paid in AEVA.

CLI

aevad query bank balances <address> aevad query fee params # accept_aeusd and accepted_denoms aevad tx bank send <from> <to> 1000000aeusd --fees 5000000000000000aaeva

On the explorer

/address/<addr> shows both balances.

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