Binance recently launch their 48th Launchpool Project AEVO(AEVO)
Aevo is a high-performance decentralized derivatives exchange platform, focused on options and perpetual contracts. The exchange runs on a custom EVM roll-up that rolls up to Ethereum. Aevo operates an off-chain orderbook with on-chain settlements. This means that once orders are matched, trades get executed and settled with smart contracts.
Today I will explain how to do farming AEVO on Binance Launchpool.
Simply click on the below link this will redirect you to the staking page
Farm $AEVO with BNB
https://launchpad.binance.com/en/launchpool/AEVO_BNB
Farm $AEVO with FDUSD
https://launchpad.binance.com/en/launchpool/AEVO_FDUSD
Farming is availaible from 8th March 00:00 UTC
Farming Period: 2024-03-08 00:00 (UTC) to 2024-03-12 23:59 (UTC).
Users will be able to stake their BNB and FDUSD into separate pools to farm AEVO tokens over five days, with farming starting from 2024-03-08 00:00 (UTC).
Binance will then list AEVO at 2024-03-13 10:00 (UTC) and open trading with AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY trading pairs. The Seed Tag will be applied to AEVO.
AEVO Launchpool Details:
Token Name: AEVO (AEVO)
Max Token Supply: 1,000,000,000 AEVO
Launchpool Token Rewards: 45,000,000 AEVO (4.5% of max token supply)
Initial Circulating Supply: 110,000,000 AEVO (11% of max token supply)
Smart Contract Details: Ethereum
Staking Terms: KYC required
Hourly Hard Cap per User:
30,000 AEVO in BNB pool
7,500 AEVO in FDUSD pool
Let's know something about AEVO Governance
In the context of DAOs, governance systems fall between two extremes:
On the one hand there is fully centralized governance, lead by the project founders/developers, as is the case, for example, before protocols launch their native tokens: all decisions are made by the project contributors.
At the other extreme there is the full realization of decentralized governance, i.e., governance acted through smart contracts, with votes expressing a function (so voting costs gas) and being enforceable without any possibility of intervention or modification: all decisions are made by majority vote of the token holders.
Between these two extremes lie all the hybrid or intermediate forms of governance that DAOs adopt at various stages of their existence. Beyond ideological discourses, there is no universally optimal or best formula of governance: it is important to take note of the distinctive characteristics of each project and adapt one's decision-making system to them.
For this reason, Aevo adopts a hybrid governance model focused on formulating and voting on Aevo Goverance Proposals (AGP) via Snapshot. In addition, Committees are introduced that have specific tasks to manage DAO funds and protocol revenues in order to speed up and simplify Governance activities.
Happy Farming all Binancians
