Bittime -Good news for users of the Aevo derivatives trading platform! Aevo officially launched Epoch 4 and will distribute 1.3 million $AEVO tokens to active Aevo traders and stakers.
Distribution Details
- 1.1 million $AEVO will be distributed to active Aevo traders this week.
- 200,000 $AEVO will be distributed to $AEVO token stakers (AEVO and RBN).
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Aevo Trading and Staking Incentive Program
The launch of Epoch 4 marks the start of Aevo's major incentive program. Over the next 4 months, $AEVO/RBN traders and stakers have the opportunity to earn more $AEVO tokens.
How to Earn Additional $AEVO
There are two ways to earn additional $AEVO through this program:
- Do trading on the Aevo platform
- Staking $AEVO or $RBN tokens
Also Read: What is Day Trading?
Program Mechanism
Every perpetual futures or options trade on the Aevo platform has an adjusted boost volume. The total driven volume from multiple trades will be used to calculate the prorated portion of the $AEVO distribution, not the actual volume generated on the platform.
Driven Volume Formula:
Driven Volume = Trade Order Value x (Base Farm Increase + Luck Farm Increase)
Obtained AEVO Formula:
Earned AEVO = Driven Volume x Epoch $AEVO Emissions / Total Epoch Driven Volume
Also Read: What is Staking?
Epoch Period
- Each epoch lasts one week.
- The total number of epochs is 18.
- Details of the period for each epoch can be seen at the news source.
Basic Farm Improvements
Every time you trade, users will get a basic farm increase of 1x-4x. This increase is calculated based on the user's trading volume over the previous 7 days (base increase is limited to 4x for volumes exceeding $5 million).
The more frequently you trade, the faster your base farm will increase for subsequent trades. The base farm increase will decrease if you stop trading as the calculation is based on a rolling 7 day window.
Also Read: What is Yield Farming?
Improved Luck Farm
In addition to the basic farm increase, there is a chance to get a random luck farm increase of 10x-100x on each trade. The probability of getting this lucky farm upgrade is as follows:
- Non-sAEVO Holders
- 10x Farm Boost: ~10% chance
- 50x Farm Boost: ~2.5% chance
- 100x Farm Increase: ~1% chance
- sAEVO holder
- $AEVO holders have a 2x chance of getting a rare lucky farm boost.
- 10x Farm Boost: ~20% chance
- 50x Farm Boost: ~5% chance
- 100x Farm Boost: ~2% chance
Also Read: What is an Initial Farm Offering (IFO)?
Important to Remember
The more frequently you trade, the higher the chance of getting a 100x lucky farm boost stacked on top of the base farm boost. Overall, there is approximately a 13.5% chance (and 27% for sAEVO holders) of getting a rare lucky farm increase of 10x - 100x on each trade.
There is a 1 hour cooldown period, which means users have to wait at least 1 hour after getting a rare lucky farm upgrade before they can get it again. This is implemented to prevent wash trading practices.
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How to Buy Crypto with 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 Bappebti.
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. Learn Complete Guide How to Buy Crypto on Bittime .
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:
Easy Way to Get AEVO Airdrop on Ethereum
Aevo Opens Opportunities for Other Protocols to Build on Its Rollup
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.
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