#BNB New mines are coming again, the golden shovel can’t stop for a moment, 😎 Congratulations to my cousin who holds BNB and FDUSD, just dig, dig, eat and take

For more details about Binance’s 48th new coin mining, please check the link: https://www.binance.com/zh-CN/support/announcement/3ff4cb81f21346a4a6b1c966e0b797f0

Before AEVO, my cousins ​​kept asking me to interact, but I didn’t do it. I really didn’t have enough thighs to shoot, and the layout was too small. The current off-site estimated price is between 3.5-4, which is considered a pretty good deal🤡

What is #AEVO?

•Aevo is a decentralized derivatives exchange focusing on options and perpetual trading, aiming to provide users with an efficient, safe, and low-cost trading experience. Aevo is built on Aevo L2, an Ethereum roll-up based on the OP Stack that delivers high throughput and performance while inheriting the security of Ethereum.

Token economy

Aevo’s native token $AEVO has the following use cases:

•Governance: $AEVO token holders can vote on network upgrades, newly listed trading pairs, and DAO governance.

•Staking: Users who stake $AEVO tokens will receive discounts on trading fees on the Aevo exchange and higher rewards in Aevo’s trader rewards program.

Main components

•Aevo L2: Aevo Exchange runs on the Aevo L2 chain, an Ethereum roll-up based on OP Stack.

•Aevo Exchange: Orders on Aevo Exchange are sent to the off-chain order book but settled on the Aevo L2 chain.

Financing situation

Aevo has raised $16.6 million in 3 rounds of funding:

•Seed round: 10% of total, valued at $18.5 million

• Series A: 4.62% of total, $130 million valuation

•Series A+: 3.5% of total, valuation $250 million

Total amount of tokens and initial circulation

•On March 13, 2024, the maximum supply of AEVO will be 1,000,000,000 tokens, with a circulating supply of 110,000,000 tokens.

Token unlock

•Private investors (Seed and Series A) and teams’ $RBN tokens will be fully unlocked by May 2024.

•$RBN holders can convert $RBN to $AEVO at a 1:1 exchange rate with a 2-month lock-in period.

•$AEVO is currently not unlocked for release, but the DAO is allocating 16% to future users and ecosystem incentives, which is expected to take 4+ years.

Knock on the blackboard

•Aevo is built by the team that launched Ribbon Finance.

•$RBN holders will be able to convert their $RBN to $AEVO at a 1:1 exchange rate, which requires a 2-month lock-up period.

•The remaining unlocking period of $RBN proceeds as originally planned.