Aevo may release important content updates
BlockBeats news, on July 1st, Aevo announced in a post that "something new is coming", possibly indicating an important content update.
Previously reported by BlockBeats, on June 26th, Aevo updated its token economics. The trading reward program that lasted for four months has ended and will not be continued. However, the staking rewards will remain unchanged at 100,000 AEVO per week. In addition to this, during the remaining time of this year, Aevo plans to use protocol revenue to buy back AEVO tokens and empower token holders.
Given the current protocol income rate, Aevo commits to buying back at least one million AEVO each month from July through December. The buyback will take place weekly on-chain. The repurchased AEVO tokens are returned to the main DAO treasury. Future adjustments in token economics (such as burning or reward programs) would require voting again by token holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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