Aevo Announces Decentralized Perpetual Futures and Options Exchange Built on Custom Ethereum Layer-2 Using Optimism Tech Stack Air drop and farm program on Wednesday. The airdrop is intended to reward early Aevo exchange performers with the upcoming token AEVO.
Any traders who used the exchange prior to the announcement will be eligible for Weather—but Aevo is also allowing users to earn more tokens through a new farming program. The airdrop itself will take place when the farming program ends, so there's still some AEVO to get before distribution.
Here's how crypto traders can best position themselves for the AEVO airdrop, based on what we know so far.
Farm AEVO
According to Aevo, the program is focused on volume, payments and loyalty on the platform. Loyalty is measured based on repeated use of the merchant platform. Your loyalty contributes to the “farm boost” or multiplication of tokens you earn through your activities. The exact math on how the multiplier works has not been shared by the Aevo team.
In terms of volume, the most effective way to raise AEVO is to simply use the platform. Aevo is a continuous futures exchange, and requires some business acumen, but the UI/UX is very straightforward. The more slots you open and the more volume you generate, the more AEVO tokens you qualify for.
Another measure is Aevo tracking fees. Aevo currently has maker, receiver, settlement and settlement fees. However, trying to farm payment points by getting liquid is probably a bad idea. (Please don't.)
The fees are fairly standard for these types of decentralized exchanges (DEXs). You pay them when you make or take a trade or when an option expires – so once again the platform is allocated a certain amount of AEVO for payment.
Aevo has not announced how long the farm program will last, so traders should have a good time to get started and get some AEVO. Just don't get rekt.
Edited by Andrew Hayward.
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