Following the first airdrop of $AEVO at TGE (03/13/24), we are kicking off a major incentive campaign: traders and AEVO/RBN holders will have a chance to get more $AEVO for 4 months, starting right from the airdrop date.

The time has finally come! We’re excited to share that we will be conducting the $AEVO airdrop today (13 March 2024).

Today, we are excited to launch the farm boost, in collaboration with the Pandora team. Farm boosts incorporate Pandora’s ERC-404 gacha mechanism into traditional DeFi yield farming. With rare farm boosts, users can boost their $AEVO airdrop by 1x-100x over the next two weeks.

Today, we are releasing more details about $AEVO, including the highly anticipated Aevo Airdrop. We will be airdropping $AEVO to early adopters of Aevo Exchange, and will be launching our first Farming Program over the coming weeks.

Since the inception of Aevo, our goal was to build a unified options product that combined the simplicity of the Ribbon DOVs with the flexibility of an exchange. Today, we are finally making that a reality — we will be transitioning the Ribbon Vaults to settle on Aevo, over the next month.

Today, we’re excited to unveil Optimism and Arbitrum deposits to Aevo, powered by Socket 🎉

Early Unwind

July 25 marked the conclusion of the Governance vote that approved RGP-33, a proposal by which the Ribbon DAO approved the merger of Ribbon into Aevo. The vote was almost unanimous, a clear signal that the holders and the Team are well aligned in the vision of Aevo.

Currently, Aevo is fully-USDC dependent. This means that users can only deposit and withdraw USDC, and all trades are settled in USDC. Many of our users have been asking for different types of collateral support, including other stablecoins, majors, and other yield-bearing assets.