Binance is pleased to announce Launchpool AEVO (AEVO) the 48th project on #Binance
⏰Farming time: lasts 4 days from 07:00 March 8, 2024 - 6:59 March 12, 2024 (Vietnam Time)
⏰Listing time: 17:00 March 13, 2024 (Vietnam Time)
⚒Stake: BNB & FDUSD
Detailed information about Launchpool: https://www.binance.com/vi/support/announcement/introducing-aevo-aevo-on-binance-launchpool-farm-aevo-by-staking-bnb-and-fdusd-3ff4cb81f21346a4a6b1c966e0b797f0
Aevo is a Layer 2 derivative built on the OP Stack (OP Chain) toolkit, formerly known as the Ribbon Finance project.
Products: Aevo provides products such as Perp, Option, OTC,... Recently, hot hit coins have emerged in the OTC market
Strengths: Attracts users thanks to an easy-to-use interface, Perp list of many new Tokens that have not yet appeared on the market, and a series of trading utilities even better than CEX such as placing orders, displaying SL/TP on Chart,...
Calling capital: Originating from Ribbon, the Ribbon investment fund is also the Aevo investment fund. The project has raised more than $8.8M in capital from many names such as: Paradigm, DragonFly, Coinbase Ventures,...
Token Usecase: AEVO is staked to receive sAEVO, which can be used to participate in governance and share revenue from Aevo. Futures can also be used to pay transaction fees
Tokenomics:
Details about AEVO Token:
Token name: AEVO (AEVO)
Maximum supply: 1,000,000,000 AEVO
Launchpool Token Reward: 45,000,000 AEVO (4.5% of supply)
Initial circulating supply: 110,000,000 AEVO (11% of supply)
The most notable allocation is nearly 50% to Treasury under Ribbon. And currently this portion is nearly 34%, 16% is coming soon and the remaining 18% is left to implement other strategies.
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