Aevo will airdrop tokens to early adopters and launch a liquidity mining program that earns AEVO rewards
According to ChainCatcher news and the official blog, the options trading platform Aevo has released more details about its AEVO token. Aevo will airdrop AEVO tokens to early adopters of the Aevo Exchange. The token contract has been deployed, but liquidity has not yet been added; the first snapshot will be taken before the mining program, and the liquidity mining program will be launched in the coming days.
The main criteria for the liquidity mining program will revolve around the number of platforms, fees, and loyalty. Loyalty will be measured based on Aevo's repeat usage. There is also an additional "Farming Boost" factor, which is a multiplier for the rewards users will receive. Users can start increasing their Farming Boost by trading on the platform. Users will begin to earn AEVO rewards at the new Farming Boost rate.
Once the mining program ends, users on the Aevo Exchange will be able to claim AEVO tokens. The DAO will also inject initial liquidity for the AEVO tokens.