Hello users 🔥
AEVO cryptocurrency (AEVO) is a new addition to the world of cryptocurrencies, operating as a decentralized derivatives trading platform. It stands out as the first high-performance decentralized exchange for options, running on a custom roll-up EVM that integrates with Ethereum. Aevo utilizes an off-chain order book with on-chain settlements, meaning that after orders are matched, trades are executed and settled via smart contracts.
Regarding its launch, Binance announced that it will distribute 45 million AEVO tokens for free through its Launchpool system, which previously boosted the PORTAL token by over 5,000% during the listing. Interested users must lock BNB or FDUSD in the AEVO mining pool to earn income by staking the project token. After the staking period, Binance will list AEVO on March 13 at 5am and open trading markets for AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD, and AEVO/TRY³.
The maximum supply of AEVO will be 1 billion tokens, with an initial circulating supply of 110 million tokens. The team behind Aevo is the same one that launched Ribbon Finance, and $RBN holders will have the opportunity to convert their $RBN to $AEVO at a rate of 1:1, subject to a 2-month lock-in period. Private investor tokens and team $RBN token holders will have their tokens fully unlocked by May 2024.
This information highlights Aevo as a promising cryptocurrency with an innovative derivatives trading model and a launch strategy that could attract the attention of investors and crypto market enthusiasts.
