Binance Research Report: 4.5% of AEVO supply will be used for Binance new coin mining, and 3% will be used for community airdrops

ChainCatcher message, according to the research report released by Binance, the token distribution plan for the decentralized derivatives trading platform Aevo's AEVO token is as follows: private investors will receive 18.5% of the maximum supply, Binance Launchpool will allocate 4.5%, market makers will receive 2%, community airdrop will account for 3%, the team will receive 23%, the company treasury will allocate 2.7%, the DAO treasury will receive 36%, and other circulating RBN tokens will account for 10.3%.

It is reported that on March 13, 2024, the maximum supply of AEVO will be 1,000,000,000 tokens, with a circulating supply of 110,000,000 tokens. AEVO is built by the team that launched Ribbon Finance. RBN holders will be able to convert their RBN to AEVO at a 1:1 exchange rate, which requires a 2-month lock-up period. The remaining unlocking period for RBN will proceed as originally planned.

In addition, AEVO currently has no unlocking release, but the DAO will allocate 16% for future users and ecological incentives, which is expected to take over 4 years.