Binance announced on the 3.6th that the new project #AEVO。 will be launched on the 3.13th of 2024, which means that there is only Lingtian time left, and mining has already started on the 3.8th. This mining cycle is 5 days. New Can the project go online and achieve a hundredfold king status? Let’s first take a look at the project itself and its introduction.
Project Description:
#Aevo is a high-performance decentralized derivatives trading platform focusing on options and perpetual contracts. The exchange runs on a custom EVM that rolls onto Ethereum. #Aevo Operate an off-chain order book with on-chain settlement. This means that once an order is matched, the trade is executed and settled via the smart contract.
Aevo Exchange is built on Aevo L2, an Ethereum rollup. Aevo L2 is based on OP Stack and currently uses Conduit to run the infrastructure. Aevo L2 currently uses Celestia for data availability, reducing the cost of using the chain for users.
#Aevo是一个高性能的分散式衍生品交易平台，专注于期权和永久合同。该交易所在自定义EVM汇总上运行， This is rolled up to Ethereum. Aevo operates an off-chain order book with on-chain settlement. This means that once an order is matched, the trade is executed and settled via the smart contract
AEVO’s potential
AEVO’s introduction of Binance Launchpool signals the exchange’s recognition of the project’s potential and its commitment to fostering innovation in the cryptocurrency space. With a maximum token supply of 1,000,000,000 tokens and an initial circulating supply of 110,000,000 tokens, AEVO aims to carve out a niche in the decentralized derivatives market.
Meanwhile, the project’s fundraising campaign raised $16.6 million across three phases, underscoring investor confidence and interest in AEVO’s vision. Additionally, 4.5% of the total token supply (equivalent to 45 million tokens) is allocated to Binance Launchpool participants, providing users with a unique opportunity to participate in AEVO’s growth journey since its inception.
As AEVO prepares to list on Binance on March 13, 2024, investors and traders are paying close attention to its performance and potential impact on the broader cryptocurrency market. Notably, Ribbon Finance price is up 59.16% and trading at $1.25 at the time of writing, indicating growing investor interest.
Token distribution:
The AEVO token distribution plan is as follows: private investors will allocate 18.5%, Binance Launchpool will allocate 4.5%, market makers will allocate 2%, community airdrops will allocate 3%, the team will allocate 23%, and the company treasury will allocate 2.7 %, the DAO treasury will allocate 36%, and other circulating RBN tokens will allocate 10.3%
Investment agency:
Online price analysis:
The current price of RBN has increased from 0.84 to 1.22 due to the mining of new coins on AEVO. What needs to be noted here is that RBN is exchanged for AEVO at a ratio of 1:1, and the locking period is 2 months. The opening circulation volume is small, only 11%, and the opening price is estimated to be 4 dollars. However, staking RBN for two months only gets AEVO, and the cost is only about 1.2. Therefore, we will face slightly greater selling pressure in 2 months, which deserves investors’ attention.
Summarize:
The greatest value of AEVO should be in futures trading. Generally speaking, popular projects will generally launch futures in advance, so the qualification of futures can arouse a lot of attention to a large extent.
Another issue that everyone needs to pay attention to is that RBN holders can redeem#aevoat a 1:1 ratio, but it requires a two-month lock-in period. Too many things can happen in two months. So we must pay attention to this aspect. Judging from the current situation, the pie has broken a record and has risen to 70,000. The entire market is still very active in comparison. Coupled with several projects launched on Binance this year, the overall result is still Very good, so there is definitely a profit, it’s just a matter of size. Finally, thank you everyone for reading. We will wait patiently for two days, and we will wait and see! ! !
