New Altcoin Selected for Binance’s 48th Launchpool Project, BNB Price Increases

Binance, a prominent cryptocurrency exchange, has announced its newest project on Binance Launchpool, AEVO (AEVO), a decentralized derivatives exchange platform. Users can stake BNB and FDUSD tokens in separate pools to earn AEVO tokens over a five-day period, starting on March 8, 2024, at 03:00.

The purpose of this initiative is to incentivize users to actively engage with the AEVO ecosystem and contribute to its development. Following the staking period, AEVO tokens will be listed on Binance on March 13, 2024, at 13:00. Trading pairs like AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD, and AEVO/TRY will be available. Additionally, AEVO will receive the Seed Tag, signifying its new launch on Binance.

Key details of the AEVO Launchpool include a maximum token supply of 1,000,000,000 AEVO, with 45,000,000 AEVO (4.5% of the maximum token supply) allocated for Launchpool token rewards. The initial circulating supply is set at 110,000,000 AEVO (11% of the maximum token supply). The smart contract operates on Ethereum, with KYC required for staking. Users can stake a maximum of 30,000 AEVO in the BNB pool and 7,500 AEVO in the FDUSD pool per hour.

Staking will be open from March 8, 2024, at 03:00 to March 12, 2024, at 02:59. During this period, users can earn rewards such as 36,000,000 AEVO for staking BNB and 9,000,000 AEVO for FDUSD.

It’s important to note that this is not investment advice, and individuals should conduct their own research before participating in the AEVO Launchpool.