AEVO Token: Details and Uses
AEVO is the native token of the Aevo platform, a decentralized derivatives exchange specializing in options and perpetual contracts. Here's a breakdown of key details about AEVO:
What is Aevo?
Aevo is a decentralized exchange (DEX) built specifically for derivatives trading, offering options, perpetual futures, and other products within a single margin account. It combines off-chain matching with on-chain settlement for high performance and security. Aevo is built on a custom Layer 2 (L2) based on the OP Stack, inheriting Ethereum's security while enabling faster transactions.
What is AEVO Token Used For?
Owning AEVO grants several benefits:
Governance: Holders can participate in voting on decisions regarding the platform's development, asset introduction, and overall direction as a Decentralized Autonomous Organization (DAO).
Staking: Staking AEVO allows users to enjoy lower transaction fees and potentially receive better rewards within the trader incentive program.
Additional Details about AEVO
Recent Launchpool: As of March 8th, 2024, Aevo held a Launchpool on Binance, offering an opportunity to acquire AEVO tokens.
Token Price and Market Cap: You can find the current price, market capitalization, and trading charts for AEVO on various cryptocurrency
