#AEVO is the 48th name to appear on #BinanceLaunchpool. Launchpool. Perhaps many of you still do not have much information about this project. Let's find out with Coinplus what is Aevo? What is AEVO token? What is AEVO used for? right now!
What is Aevo?
#Aevo is a decentralized derivatives exchange focusing on options and perpetual trading.
Aevo Exchange is built on Aevo L2, a rollup of Ethereum. Aevo L2 is based on the OP Stack and currently uses Conduit to run the infrastructure. Aevo L2 now uses Celestia for data availability, helping to reduce costs for users on-chain.
Aevo aims to build DeFi super applications, starting with derivatives trading.
Products that Aevo has launched
Aevo has launched three main products:
Trade Perps (60+ markets)
Pre-launch deals
Options trading
Token AEVO là gì?
AEVO is the native token of the Aevo project, it is used in the Aevo ecosystem.
What is AEVO used for?
AEVO token has the following specific functions:
Governance: #AEVO token holders vote on network upgrades, new listings, and general DAO governance
Stake: Users who stake AEVO tokens will receive reduced trading fees on the Aevo exchange and increased rewards in Aevo's trader rewards program
AEVO metric
Name
THE AGE
Token Type
ERC-20
Initial Circ. Supply when listing Binance
110,000,000 (11% of total supply)
Total supply
1,000,000,000
Allocation to Binance Launchpool
45,000,000 (4.5% of total supply)
Start date on Binance Launchpool
March 8, 2024
AEVO Allocation
AEVO will be allocated according to the following chart:
AEVO token unlock schedule
AEVO tokens will be unlocked as follows:
Private investors (Seed and Series A) and the team's $RBN token will be fully funded in May 2024.
$RBN holders can convert $RBN to $AEVO at a 1:1 ratio, with a 2-month lock-in period.
$AEVO is currently emission-free, but the DAO has allocated 16% of FDV for future user and ecosystem incentives. It is expected that this will be used for 4 years.
How to receive AEVO tokens
Currently, Binance is allowing you to farm AEVO tokens for free with BNB or FDUSD. If you still don't know how to farm, you can refer to the instructions at here.
If you do not have a Binance account, enter code KNAE9ERI when registering to receive a reduced transaction fee. Binance Vietnam Telegram group: https://t.me/BinanceVietnamese
summary
Recently we learned together about the 48th Project Portal on Binance Launchpool. Surely you already have some information about this project. This article is for reference only and is not investment advice. Wishing you success and making money from the market.