30 Million Aevo Airdrop Causes Stir Among Crypto Farmers

In a recent turn of events, the decentralized derivatives platform Aevo has concluded its much-anticipated airdrop, distributing a staggering 30 million AEVO tokens. Despite the significant sum, the distribution has sparked a wave of discontent among some participants.

The airdrop, which forms part of Aevo's strategy to incentivize early adopters, saw more than $95 million worth of AEVO tokens allocated to users who met a set of five eligibility criteria. These included trading volume during the "farm boost" phase and maintaining a balance of aeUSD, among others.

Aevo's approach aimed to balance rewards across various user groups, from the platform's original supporters to active traders. However, the outcome has not sat well with everyone. A portion of the community has expressed dissatisfaction, feeling shortchanged by the number of tokens received.

Compounding the issue is the Ethereum mainnet's high gas fees, which have eaten into the profits of those receiving smaller airdrops. The frustration is palpable, with users lamenting the hefty fees required to claim, approve, and trade their newly acquired AEVO tokens.

Despite the grumbles, Aevo's token is now live for trading on Binance, boasting an impressive 24-hour trading volume that exceeds $708 million. Looking ahead, Aevo plans to launch a new trading incentives campaign, offering users additional ways to earn AEVO through staking and active trading.

As the dust settles on this airdrop, the crypto community watches with bated breath, eager to see how Aevo's strategies will shape the future of decentralized finance.