Dear Bitruers,
Today, we are thrilled to introduce you to AEVO, a high-performance, order-book based decentralized exchange for options trading on Ethereum. With its innovative features and deep liquidity, AEVO aims to revolutionize the landscape of DeFi options trading. Let's dive into the details! Be sure to follow Bitrue's Official Twitter and Telegram to stay updated!
Introduction
Gone are the days of slow, expensive, and limited options trading in DeFi. AEVO enters the scene with a mission to empower users with a lightning-fast, feature-rich platform specifically designed for options enthusiasts. Whether you're a seasoned options trader or just starting to explore this dynamic market, AEVO offers a seamless experience with its intuitive interface and advanced functionalities.This article will walk you through the key features that make AEVO unique and explore its potential to revolutionize DeFi options trading.
How AEVO Works?
AEVO utilizes a custom EVM roll-up solution that scales transactions off-chain while ensuring final settlement on the Ethereum blockchain. This allows for faster trades with lower fees, making it ideal for active options traders. Traders can access a variety of options contracts, including perpetuals, daily/weekly/monthly/quarterly expiries, and various strike prices.
What Makes AEVO Unique?
- High Performance: Thanks to its roll-up technology, AEVO offers near-instantaneous trade execution and significantly lower fees compared to traditional on-chain options platforms.
- Deep Liquidity: AEVO is backed by prominent investors like Paradigm and Dragonfly Capital, ensuring ample liquidity for various options contracts.
- Advanced Features: The platform boasts a robust margining system with portfolio margining, enabling efficient capital utilization. Additionally, users can access various option strategies and structured products.
- Decentralized Governance: AEVO plans to implement a decentralized governance model, empowering the community to shape the platform's future.
Tokenomics & Token Utility
AEVO leverages a strategic token distribution model designed to incentivize adoption, enhance liquidity, and empower the community. Here's how it breaks down:
Token Distribution:
- 45% DAO Treasury: This portion previously consisted of unutilized $RBN tokens held by the Ribbon DAO. It will be converted to $AEVO at the token generation event (TGE) and managed by dedicated committees.
- 23% Team & Advisors: Allocated to current and future team members along with project advisors, with a 3-year vesting schedule and 1-year cliff.
- 15% Investors: Allocated to early investors who supported the development of the project, also with a 3-year vesting schedule and 1-year cliff.
- 17% Public Allocation: Distributed through various channels like public sales, liquidity mining, and ecosystem partnerships.
Token Utility:
The $AEVO token serves as the backbone of the AEVO ecosystem, offering multiple utilities:
- Governance: Holders can participate in DAO voting to shape the platform's future direction, propose and vote on changes, and allocate resources.
- Discounts: Receive fee discounts on trading and other platform activities.
- Staking: Earn rewards by staking your $AEVO tokens, contributing to network security and liquidity.
- Community Incentives: Participate in airdrops, bounties, and community-driven initiatives.
Breakdown of DAO Treasury Allocation:
- Up to 16% Incentives: Managed by the Growth & Marketing Committee to attract users, liquidity, and awareness through airdrops, marketing campaigns, and community initiatives.
- Up to 9% Token Liquidity: Managed by the Treasury and Revenues Management Committee to ensure ample liquidity on DEXes and CEXes, fostering smooth trading and price stability.
- Up to 5% Community Growth & Bounties: Managed by the Growth & Marketing Committee to support community events, reward contributions, and incentivize participation.
- 16% Un earmarked/Reserved:
- This portion serves as a future reserve for the DAO's needs, including potential team allocations (capped at 2% per year).
- It can be used for strategic initiatives, partnerships, or unforeseen necessities as determined by the community through governance proposals.
- This balanced token distribution model aims to provide value to all stakeholders, create a sustainable ecosystem, and empower the AEVO community to drive its long-term success.
Conclusion
AEVO presents a compelling solution for options traders seeking speed, efficiency, and deep liquidity within the DeFi ecosystem. Its innovative technology, combined with a rich feature set and robust tokenomics, positions AEVO as a strong contender in the burgeoning decentralized options market.