Aevo, a trading platform that isn’t controlled by one central authority and lets you trade futures and options without an end date, said on Wednesday that they are giving away free tokens and starting a program where you can earn more tokens by participating in farming. The airdrop is a way to give free tokens to people who use the Aevo exchange early on.
Anyone who traded on the exchange before the announcement can get the airdrop. Aevo also lets users earn more tokens through its new farming program. The airdrop will happen after the farming program ends, so you still have time to earn some AEVO before it gets handed out.
Here’s how people who trade cryptocurrency can get ready for the AEVO airdrop, based on what we know now.
Aevo’s program focuses on increasing the number of users, reducing fees, and rewarding loyal customers on the platform. They decide how loyal a trader is by how often they use the platform. Your loyalty also helps you earn more tokens. The Aevo team has not told us exactly how the multiplier works in math.
Today, we are pleased to announce more details about $AEVO, Aevo’s first Farming Program, and Aevo Airdrop. pic.twitter.com/loG8V2ZAya
— Aevo (@aevoxyz) January 31, 2024
When it comes to getting a lot of AEVO, the best way is to just use the platform. Aevo is a futures exchange that never ends, and it needs some trading knowledge, but the user interface is easy to understand. If you open more positions and trade more, you’ll get more AEVO tokens.
The other thing Aevo is keeping track of is fees. Aevo charges fees for trading, settling, and closing accounts. But, it’s not a good idea to try to earn points by getting kicked out. (Please do not do it. )
The costs are about average for these types of decentralized exchanges (DEXs). You will pay them when you trade or when an option finishes, so using the platform to trade should earn you some fees.
Aevo has not said how long the farming program will be, so traders have plenty of time to start and earn AEVO. Just don’t get hurt.