New tokenomics for @aevoxyz buyback, burn, staking, fee sharing.... There is some seriously cool stuff happening with the new @aevoxyz tokenomics. For the uncultured in the back, Aevo is the first Derivatives L2 that focuses on options & perps trading on Ethereum and Base. They're revamping their tokenomics with AGP-3 and making huge changes to how the $AEVO token works. I can't help but feel like with a more crypto progressive government in the US, teams are allowed more freedom on what their token can be used for. Aevo's revamp and their new 'Aevonomics' are solely focused on giving the token utility with fee distribution and buy back and burns - no more purely governance token! 👇 Here's the breakdown: 1) Aevo treasury makes $ - it wants to distribute this to stakers as USDC > The Treasury's Uniswap V3 liquidity positions have generated 977,000 USDC. Every year 69% of all accumulated LP fees (in USDC) will be distributed to stakers. Staking and locking $AEVO will place you in higher tiers to earn more LP share. 2) Uniswap V3 LP NFTs as staking rewards > Aevo treasury will mint V3 LP NFT's for AEVO/USDC and distribute to stakers. This allows stakers to earn productive, yield generating assets. 3) Stakers receive trading fee discounts - up to 20% depending on tier. 4) Lottery system - this is fun, you pay USDC to buy tickets to play in the lottery. 1 USDC = 1 ticket. If you win, you earn 70% of the prize pool in USDC. For the losers, 20% of ticket revenue is distributed as staked $AEVO tokens to all participants, weighted by tickets purchased. The last 10% is for the DAO treasury. 6) Weekly cashback > Traders will receive weekly cashback on trading fees based on their weekly trading volume, paid in USDC. 7) Cashback for traders > Traders will receive weekly cashback on trading fees based on their weekly trading volume, paid in USDC. Cashback is calculated on fees paid during the week and distributed at the end of each epoch. 8) Buy back and burn > Who doesn't love a classic buy back + circulating supply reduction. The amount that is bought back and burned is based on how much volume there has been that month. For higher volume months, 50% of the buy back is used for treasury reserves, the other 50% is burned. On a bad month? Burn 100%. 9) The treasury will actively manage idle assets and give the yield to stakers... > Everything is getting restructured, old $RBN is being converted to AEVO, 6.9% of the $AEVO supply is being burned and the DAO Owned Liquidity's surplus LP rewards will be distributed to stakers annually (as discussed in point 1) There's so many positive catalysts here that Aevo are putting forward in their new tokenomics but I've done my best at explaining it all. If you want to read the proposal in full, check my next tweet for a link. If this was helpful to you, consider signing up to Aevo with my referral link in the next tweet as well.