AEVO token: details and uses
AEVO is the native token of the Aevo platform, a decentralized derivatives exchange specializing in options and perpetual contracts.
Here's a look at key details about AEVO:
What is Aevo?
Aevo is a decentralized exchange (DEX) designed specifically for derivatives trading, offering options, perpetual futures, and other products within a single margin account. It combines off-chain matching with on-chain settlement for high performance and security.
Aevo is built on a custom Layer 2 (L2) based on the OP stack, inheriting the security of Ethereum while enabling faster transactions.
What is the AEVO token used for?
Owning AEVO offers several advantages:
Governance: Holders can participate in voting on decisions regarding platform development, asset introduction, and general direction as a decentralized autonomous organization (DAO).
Staking:
AEVO Staking allows users to benefit from lower transaction fees and potentially receive better rewards under the Trader Incentive Program.
Additional details about AEVO
Recent Launchpool:
Since March 8, 2024, Aevo organized a Launchpool on Binance, offering the possibility of acquiring AEVO tokens.
Token Price and Market Cap: You can find the current price, market cap, and trading charts of AEVO on various cryptocurrencies.
