update spec

Kava-Labs · May 30, 2023 · 614f5ff · 614f5ff
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commit 614f5ff
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diff --git a/x/evmutil/spec/01_concepts.md b/x/evmutil/spec/01_concepts.md
@@ -52,6 +52,8 @@ Only Cosmos co-chain denominations that are in the `AllowedCosmosDenoms` param (
 
 `AllowedCosmosDenoms` can be altered through governance.
 
+The ERC20 contracts are deployed and managed by x/evmutil. The contract is deployed on first convert of the coin. Once deployed, the addresses of the contracts can be queried via the `DeployedCosmosCoinContracts` query (`deployed_cosmos_coin_contracts` endpoint).
+
 ### EVM-Native Assets
 
 ERC-20 tokens native to the EVM can be converted into an `sdk.Coin` in the Cosmos ecosystem. This works by transferring the tokens to `x/evmutil`'s module account and then minting an `sdk.Coin` to the receiver. Converting back is the inverse: the `sdk.Coin` of the initiator is burned and the original ERC-20 tokens that were locked into the module account are transferred back to the receiver.