Aevo Introduces Trading and Staking Incentive Program to Boost Earnings
Aevo, a leading cryptocurrency platform, has recently unveiled an exciting incentive program aimed at traders and stakeholders of its native tokens $AEVO and $RBN. The platform’s four-month campaign is designed to reward active participants and solidify Aevo’s position in the competitive crypto market.
The Incentive Structure
Aevo’s incentive program offers additional $AEVO tokens as rewards, creating an engaging environment for both traders and stakers. By actively participating in perpetual futures or options trades on the Aevo platform, traders can increase their $AEVO earnings. The rewards are calculated based on a formula that takes into account the trade order value multiplied by a combination of base and lucky farm boosts.
- Participants can earn a share of $AEVO emissions each week, known as an epoch, based on their boosted volume compared to the total boosted volume of the epoch.
- This model encourages consistent trading activity on the platform, with a total of 18 epochs planned.
Base and Lucky Farm Boosts
The program includes two types of boosts:
- Base Farm Boost: Traders automatically receive a base boost ranging from 1x to 4x on every trade, depending on their previous 7-day trading volume. This base boost accelerates as users trade more but decays if trading activity ceases.
- Lucky Farm Boost: Traders have the opportunity to earn a rare boost ranging from 10x to 100x. The probability of receiving this boost increases for sAEVO holders, who have twice the chance of hitting these rarity milestones.
Emissions Schedule and Claiming Rewards
Aevo’s incentive program distributes a guaranteed minimum base emission of 1.1 million $AEVO weekly for trading and 200,000 $AEVO for AEVO/RBN staking. The maximum emissions cap is set at 6.05 million and 1.1 million $AEVO, respectively. Participants will be able to claim their rewards starting from April 10, 2024.
Ensuring Fair Play
To maintain the integrity of the program, Aevo has implemented measures to monitor and penalize wash trading. The estimated rewards displayed in the farming UI may be subject to change after the epoch is finalized and retroactive inspections are conducted.
Empowering Community Engagement
Aevo’s incentive program aims to enhance user engagement and incentivize active participation in the platform’s growth. This strategic move attracts and retains traders and stakers, contributing to the overall health and liquidity of the Aevo ecosystem.
The Growth and Marketing Committee of Aevo has been granted authority to make discretionary adjustments to the campaign, ensuring its effectiveness and alignment with the platform’s growth objectives.
Closing Thoughts: A Fresh Approach to Boosting Earnings
The launch of Aevo’s trading and staking incentive program represents an innovative approach to fostering user activity and loyalty within its ecosystem. By rewarding consistent trading and staking, Aevo sets a precedent for crypto platforms looking to enhance market engagement and strengthen their community’s commitment.
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