Aevo: 69 million AEVO tokens have been burned from circulation, accounting for 6.9% of the total supply
PANews reported on January 9 that Aevo announced on the X platform that, in accordance with AGP-3, it has burned 69 million AEVO tokens from circulation (accounting for 6.9% of the total supply) to mark a fresh start and demonstrate its commitment to maintaining token value. The fifth phase of the rewards program is still ongoing, during which 1 million AEVO tokens will be distributed to traders. Trading activities are coordinated with the staking rewards program, allowing users to earn multiplied rewards for staking AEVO based on their trading volume in each phase. Staking AEVO tokens also entitles users to a share of the accumulated Uniswap V3 LP fees, which will be distributed in June 2026.
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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