Let’s talk about Binance’s new $aevo

As mentioned before, 100% of AEVO tokens are replaced by $RBN. Ordinary users’ $RBN can be exchanged for sAEVO (AEVO released in February after being locked up) on TGE. The new AEVO tokens include Robbon Finance and AEVO two platforms’ governance functions and practicality.

$RBN is the governance token of Ribbon Finance. Ribbon Finance is a structured product agreement that is relatively complex and has a high threshold.

As a new generation on-chain contract platform, AEVO has generally received good feedback from users. It supports multi-chain deposits, is very smooth to open and close orders, and supports pre-market token speculation. Every time a new currency is launched, , everyone will use AEVO’s pre-market price as a reference for the opening price, and this will allow AEVO to get free traffic.

A series of previous activities have attracted more than 70,000 users to participate. Many people think that AEVO is just a perpetual contract platform that implements back-end settlement. In fact, this is not the case. All settlements of AEVO run on the Aevo L2 chain, which is based on OP Stack’s Ethereum roll-up.

If you look at it this way, you actually have more imagination, because what is more interesting about making an independent PerpChain is that you can connect other platforms to AEVO L2, so that it is a public chain ecological token rather than a simple perpetual contract. + Options platform.

You can't use a perpetual contract platform to value. I think it's appropriate to compare it horizontally with DYDX, which is an independent chain.

DYDX has 1.6 billion tokens in circulation, and AEVO has 110 million tokens in circulation at its opening. Even 3U has a circulating market value of only 300 million.

AEVO’s total trading volume in the past three weeks has been close to 50 billion. All the data are very impressive.