Aevo Announces Airdrop and Farming Program
Aevo, a decentralized perpetual futures and options exchange built on a custom Ethereum layer-2 utilizing the Optimism tech stack, has announced an airdrop and farming program. The airdrop aims to reward early adopters of the Aevo exchange with its upcoming token, AEVO.
If you used the exchange before the announcement, you are eligible for the airdrop. However, Aevo is also allowing users to earn additional tokens through its farming program. The airdrop will take place after the farming program ends, so there’s still time to earn AEVO.
Farming AEVO
The farming program focuses on volume, fees, and loyalty on the platform. Your loyalty contributes to a “farming boost,” which multiplies the tokens you earn. The exact math behind this multiplier hasn’t been shared by Aevo.
To farm AEVO effectively, simply use the platform and create more volume by opening positions. The more volume you generate, the more AEVO tokens you’ll be eligible for.
Aevo also tracks fees such as maker, taker, settlement, and liquidation fees. However, trying to farm fee points by getting liquidated is not recommended. You’ll pay fees whenever making or taking a trade or when an option expires.
Aevo hasn’t specified the duration of the farming program, giving traders enough time to participate and earn AEVO.
Hot Take: How to Position Yourself for the AEVO Airdrop
If you want to maximize your chances of receiving AEVO tokens through the airdrop and farming program by Aevo, focus on increasing your volume on the platform and staying loyal to it. By opening more positions and generating higher trading volumes, you can earn more tokens. Additionally, be mindful of the fees associated with trades and options expiration, as they contribute to your token allocation. Aevo hasn’t disclosed the exact details of the farming boost multiplier, so keep an eye out for updates from the team. Start leveraging the farming program now to secure your share of AEVO tokens.
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