In the cryptocurrency market, token distribution and incentive mechanisms often attract the attention of a large number of investors. With the first airdrop (TGE) of AEVO tokens approaching on March 13, 2024, the AEVO team has launched a major incentive campaign aimed at providing traders and AEVO/RBN holders with more tokens award. This event will last for four months, starting from the airdrop date, and participants can obtain more AEVO tokens through trading and staking.
How to earn AEVO tokens
In order to obtain AEVO tokens, users can participate in the following ways:
Trade on the Aevo platform
Stake $AEVO or $RBN tokens
Detailed trading and staking incentive plans can be found in our Gitbook.
How the incentive works: On the Aevo platform, every perpetual contract or option trade will have an adjusted enhanced volume. A user’s total enhanced trading volume will be used to calculate their proportional share in AEVO token issuance, rather than the actual trading volume generated on the platform. The specific calculation method is:
Enhanced trading volume = trading order value × (basic farm gain + lucky farm gain)
Earned AEVO = enhanced trading volume × AEVO issuance volume per cycle / total cycle enhanced trading volume
Each cycle is one week, and there are 18 cycles in total:
Cycle 1: March 13, 2024 - March 20, 2024
Cycle 2: March 20, 2024 - March 27, 2024
Cycle 3: March 27, 2024 - April 3, 2024
And so on...
Basic farm gain: For each transaction, users will receive a farm gain of 1x to 4x. This gain is calculated based on the user’s transaction volume in the past 7 days (the base gain is capped at 4x, provided that the past transaction volume exceeds $5 million) . The more transactions you make, the faster the base gain for future transactions accelerates.
Conversely, if a user stops trading, the base farm gain will gradually decrease as it is based on the past 7-day trading window.
Lucky farm gain
At any time, a user may receive a Lucky Farm buff on one of their transactions, ranging from 10x to 100x. Here are the odds for different holders:
Non-sAEVO holders:
10x farm buff: ~10% chance
50x farm buff: ~2.5% chance
100x farm buff: ~1% chance
sAEVO holders:
sAEVO holders have 2x chance of receiving rare farm buffs.
10x farm buff: ~20% chance
50x farm buff: ~5% chance
100x farm buff: ~2% chance
The more a user trades, the greater the chance of achieving higher farm gains. Non-sAEVO holders have an approximately 13.5% (sAEVO holders approximately 27%) chance of receiving a rare farm gain of 10x to 100x per transaction.
Note: After obtaining rare farm buffs, users need to wait at least 1 hour before obtaining new buffs again. This measure is designed to prevent wash trading.
Example analysis
In order to better understand the incentive mechanism of AEVO tokens, let’s look at an example:
Example 1: Assume we are in cycle 1, the AEVO issuance volume during the cycle is 1 million, and the total enhanced transaction volume last week was 100 million. User ctrlfreak's name trading volume over the past seven days is $1.5 million, which roughly corresponds to a 2x base gain. Suppose ctrlfreak made a perpetual contract trade of 10 Ethereum (order value = 10 × $2500 = $25000) and was lucky enough to get a 10x farm gain.
In this case, the enhanced volume of ctrlfreak is calculated as:
Enhanced trading volume = 25,000 × (2x base buff + 10x rare buff) = $300,000
Although his actual order value is $25,000, this would increase the amount of AEVO he receives on that trade by 12x.
Conclusion
The AEVO token reward activity provides an excellent opportunity for traders and holders. By actively participating in transactions and staking, users can not only obtain more AEVO tokens, but also enjoy higher transaction gains. As the market continues to develop, the AEVO team will continue to optimize its incentive mechanism to ensure that users can benefit from it.
For more information, please visit our official website for the latest updates and detailed guides.