Check Today's Crypto Market:
Bittime - Aevo is a derivatives platform focused on high-performance options and perps trading. The platform runs on an EVM (Ethereum Virtual Machine) connected to Ethereum. Aevo has an off-chain orderbook with on-chain settlement.
Rollup is a technology that allows transactions to be carried out at the second layer (layer 2) which is faster and cheaper. Then, transactions will be collected and confirmed in the first layer (layer 1) which is more secure and decentralized. EVM rollup means that the rollup is compatible with Ethereum smart contracts.
Aevo has plans to open its rollup to other protocols that want to build on top of it. It aims to improve the Aevo ecosystem and provide more choices to users. Julian Koh, co-founder of Ribbon Finance, said that Aevo is the only app in the rollup at the moment, but they want to change that.
“We want to open up our rollup to other protocols that want to build on top of it, so they can take advantage of the speed and low fees we offer,” said Koh.
Also read How to Buy Crypto:
Koh added that Aevo also plans to integrate with other layer 1 protocols. Examples include Solana and Polkadot, to achieve greater interoperability and scalability.
Aevo also wants to be the premier place to trade options on-chain, by offering a robust margin system, hundreds of trading instruments, and a user-friendly interface.
Aevo is backed by some of the leading investors in the crypto space, such as Paradigm, Coinbase, Dragonfly, Nascent, Scalar Capital, Ethereum Ventures, Robot Ventures, and Alliance. Aevo has just launched its platform publicly and is ready to accept traders from all over the world.
To note, Aevo not only offers a sophisticated trading platform, but also provides incentives to users who participate in its ecosystem. Users can earn AEVO tokens, which are the utility and governance tokens of Aevo.
AEVO tokens can be used to pay trading fees, borrow and lend assets, and vote on governance proposals. Users can also enjoy the benefits of the Aevo Savings program, which allows them to earn interest on their collateral using aeUSD, a stablecoin backed by Aevo.
With rollup technology, protocol integration, and economic incentives, Aevo strives to become the leading derivatives trading platform in the crypto space. Aevo invites all traders, both beginners and professionals, to join its community and experience a different trading experience.
Aevo is also open to collaboration with other protocols that want to take advantage of its rollup. Aevo believes that by collaborating, they can create a stronger, more diverse and innovative ecosystem.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
What is EigenLayer? Ethereum Restaking Protocol
What is Lens Protocol and How Does It Work?
Witness Launches Digital Content Verification Protocol
Get to Know What Mimblewimble is: A Privacy-Oriented Decentralized Protocol
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.