Introducing Aevo Token on Binance Launchpool: Your Ultimate Guide to Farming New Coins
Welcome to the exciting world of decentralized trading with Aevo, a next-generation platform that offers innovative features for professional traders and crypto enthusiasts. The native token AEVO plays a crucial role in the ecosystem, providing liquidity and passive income opportunities for users. Recently, Aevo has been introduced in the Launchpool section of Binance, allowing you to farm new coins by staking BNB and FDUSD. Here’s everything you need to know about this exciting development:
The Aevo Decentralized Trading Protocol and the Purpose of AEVO Token
– Aevo is a cutting-edge decentralized trading protocol that revolutionizes the world of DEX.
– Unlike traditional DEX platforms, Aevo focuses on liquidity pools and offers advanced trading options.
– Users can trade a wide range of tokens in perpetual futures mode with leverage up to 20X.
– Additionally, options and pre-launch tokens like BLAST and PARCL are available for speculation.
– Aevo utilizes an off-chain order book structure similar to centralized exchanges (CEX).
– Real-time asset prices are provided by a custom internal oracle for seamless trading experience.
– The protocol operates on a proprietary EVM rollup called Aevo chain, enhancing scalability based on Ethereum’s infrastructure.
– The native stablecoin aeUSD (95% sDAI and 5% USDC) acts as collateral for trades and generates a passive yield of 4.75%.
– AeUSD serves as both equity for exchanges and a source of passive income for users.
The AEVO Crypto Introduced within Binance Launchpool
– AEVO has been added to the Launchpool section of Binance, allowing users to farm new coins by staking BNB and FDUSD.
– The rewards period will last for 5 days, with 45,000,000 AEVO tokens allocated for the Launchpool.
– This represents 4.5% of the maximum supply of 1 billion AEVO tokens available.
– Daily distribution includes 7,200,000 tokens in BNB pools and 1,800,000 tokens in FDUSD pools.
– Participants have farming limits based on locked funds duration, with maximum rewards set at 30,000 AEVO with BNB staking and 7,500 AEVO with FUSD staking per hour.
– Completion of KYC verification is required for participation in the Launchpool event.
– After the farming period ends, AEVO will be listed on the platform for spot trading with various trading pairs including BTC, USDT, BNB, FDUSD, and TRY.
Closing Thoughts
Get ready to dive into the world of decentralized trading with Aevo on Binance Launchpool. By staking BNB and FDUSD, you can farm new coins and be part of this exciting opportunity. Don’t miss out on this chance to explore innovative trading options and earn rewards along the way!
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