Aevo

The Aevo project was created by the team from Ribbon Finance, which includes notable figures like Julian Koh, previously from Coinbase, and Ken Chan from the Zilliqa development team, alongside other experienced members from top-tier financial institutions like Goldman Sachs. This team's background underscores Aevo's focus on derivatives, combining their understanding of DeFi and traditional finance.

AEVO token holders have the right to participate in the governance of the Aevo platform. This includes voting on proposals that could affect the protocol's development, new listings, fee structures, and other significant decisions. This governance model aims to ensure that the platform evolves in line with community consensus.

Users can stake their AEVO tokens to benefit from discounted trading fees on the Aevo exchange. Additionally, staking can enhance a user's position within Aevo's trader incentive program, encouraging liquidity provision and trading activity.

The Aevo project is backed by notable investors such as Coinbase Ventures, Paradigm, Dragonfly, and Nascent. The team went through Alliance DAO in cohort 2.