Paradigm and Coinbase-backed crypto derivatives trading platform Aevo has deployed smart contract native token, which is expected to be released in the coming weeks.
Today, we are pleased to announce more details about $AEVOAevo's first Farming Program, and Aevo Airdrop. pic.twitter.com/loG8V2ZAya
— Aevo (@aevoxyz) January 31, 2024
The right to a share of the AEVO issue extends to early adopters of the project. According to them, a snapshot for the upcoming airdrop has been made.
The distribution features remain undisclosed. It is only known that the trading volumes of platform users will be taken into account.
The project team will also launch a farming program with rewards in the native token in the coming days.
Users of the trading platform will have the opportunity to exchange tokens from the DeFi service Ribbon Finance (Aevo was previously part of this project) for AEVO in a 1:1 ratio.
The protocol uses a second layer solution based on Optimistic rollups, created using technologies from Conduit. Aevo's developers plan to leverage Celestia's data availability layer to keep fees low and open up interoperability with other modular platforms.
Source: Cryptocurrency
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