🚀 Gem Coin Analysis!🌟Newly Launched #DEX & #Binance #Launchpool Gem Coin Aevo (AEVO) 📈
🚀🔗 Aevo: Revolutionizing DeFi Derivatives Trading 🔗🚀 Join us as we dive into Aevo, the decentralized exchange (DEX) for options and perpetual contracts, reshaping the landscape of DeFi derivatives trading! 🧵👇
1️⃣ Introduction and Overview: Aevo is a decentralized exchange (DEX) for options and perpetual contracts. It was first launched in June 2023 by the team behind Ribbon Finance. The protocol offers a suite of DeFi products to bring both liquidity and a user-friendly experience to sophisticated derivative traders on-chain
2️⃣ Technology and Feature: Aevo leverages a custom Layer 2 solution for rapid off-chain order matching and on-chain settlements, supporting a wide range of financial products under one margin account.
3️⃣ Whitepaper Analysis: Aevo's off-chain orderbook with on-chain settlements, custom EVM roll-up, native token utility, and major components make it a robust DeFi protocol.
4️⃣ Use Case: AEVO, Aevo's native token, powers governance, discounts on trading fees, staking rewards, and liquidity incentives within the Aevo ecosystem.
5️⃣ Team and Leadership: The Aevo team includes Julian Koh and Ken Chan as Co-Founders, Gabriel Ravindran as COO, Anfal A. as Chief of Staff, Karon Pangestu as Head of Growth, and Jeremy Obadia as Head of Derivatives. Aevo boasts a talented team driving innovation and growth.
6️⃣ Partnerships: Aevo has partnered with Socket to support cross-chain deposits and withdrawals, Conduit to support the Aevo Layer-2 chain, and Celestia to support Data Availability for Aevo Layer-2.
7️⃣ Security and Audits: Aevo uses the Scrypt hashing algorithm for its network, providing maximum security and stability. It also reduces the risk of hacking or manipulation by removing central points of failure.
8️⃣ Tokenomics: AEVO's max supply is set at 1 billion tokens, with a circulating supply of 110 million tokens.
