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Aevo (AEVO) (also known as Ribbon Finance) is a derivatives cryptocurrency exchange established on Optimism and offering continuous trading. The exchange, which was established in 2022, lists 68 trading pairs and has a 24-hour trading volume of $654,872,835. In addition, the exchange increases capital efficiency with lower fee charges and transactions with shorter delays.
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What is Aevo (AEVO) Governance?
Currently, the Governance system in DAOs consists of two parts. One is completely centralized and attached to the project team; the other is a decentralized part where users gain a say with their tokens. Aevo, with the help of Snapshot, combines Aevo Governance Proposals (AGP) and voting to offer a hybrid method.
Additionally, accelerating time-sensitive interventions and facilitating governance processes with high iterations are among Aevo project’s objectives. Therefore, two different committees have been established. The members of the committee are composed of DAO members and staff selected by Apogee with annual voting.
Aevo (AEVO) Tokenomics
AEVO is Aevo‘s native token. Among the opportunities it offers to token holders is the right to play an active role in the decisions within the DAO’s authority.
What is sAEVO?
In order for users to stake the AEVO token and get sAEVO, they need to stake their AEVO or RBN tokens on the platform for 3 months.
According to the announcement by the AEVO token team, a fixed 45% of the RBNs owned by Aevo DAO is distributed as follows:
- Incentives (Including Airdrop) 16%
- Token Liquidity 9%
- Community 5%
- Unallocated DAO expenditures 16%
Aevo Team
The team includes many developers and innovative engineers. You can see them below:
Where to Buy?
Currently, the token is not listed on any exchange. However, you can join Binance Exchange’s Launchpool event to farm and own Aevo tokens even without being listed on exchanges. If you don’t have a Binance account yet, you can register using the special discounted registration link provided by Coin Engineer.
You can get discounted tickets for the Token 2049 Dubai Event through this link.