#Aevo Don't you do your homework? This team started a project called RBN three years ago. The project was terrible, liquidity was exhausted, and the price of the coin was very low. It was a mess. In order to avoid being sued for rights protection, the team started AEVO and allowed RBN to be exchanged for AEVO at a 1:1 ratio, but a 2-month lock-up period was required (i.e. unlocked in May). Private investors (seed round and A round), teams and other ordinary RBN holders can all make the conversion in May. After the conversion is opened, the circulation of AEVO will rise to about 950 million.
However, there is a price difference between the two currencies, especially in the early days of the launch, the price difference between the two is too large. Some users in the market chose to buy RBN spot and open short positions in the contract market for hedging, so that AEVO had a round of short positions at the end of March. After the short position, the price was maintained for about 10 days, and then it began to fall ahead of the market.
Until today, the price of the currency has been smashed to a very low level. Aevo has finally taken on the historical burden from the Ribbon Finance period at a low cost and given an explanation to the previous Rbn holders. Users are unlikely to call the police to sue the team, so Aevo has also completed its mission.
Do you understand? All the money you lost and the blood you were sucked out have been compensated to RBN users! The team has already made enough money in this process, bought a manor in the south of France, and went on vacation to enjoy life drinking red wine. Without the FBI's wanted list, they live a comfortable life.