Governance Structure

Governance on Aevo is primarily conducted through Aevo Governance Proposals (AGPs), that allow community members to suggest and vote on changes to the platform. AGPs cover a wide range of topics, including protocol upgrades, parameter adjustments, and the allocation of treasury funds.

Any token holder can submit a governance proposal. The proposal must include a detailed description of the suggested change, its potential impact, and the rationale behind it. Once a proposal is submitted, it goes through a voting period where token holders can cast their votes.

Each token holder’s voting power is proportional to the number of AEVO tokens they have staked. If a proposal receives the required number of votes and passes, it is implemented according to the guidelines outlined. This process ensures that changes are community-driven and reflect the collective interests of Aevo’s users.

Committees

Aevo’s governance includes specialized committees responsible for specific areas, such as treasury management, growth, and marketing. These committees are composed of community members with relevant expertise and are tasked with overseeing and executing the decisions made through AGPs.

Treasury and Revenues Management Committee

This committee manages the DAO treasury, ensuring that funds are allocated efficiently and transparently. Responsibilities include budgeting, investment strategies, and funding development initiatives.

Growth & Marketing Committee:

Focused on expanding Aevo’s user base and increasing platform visibility, this committee oversees marketing campaigns, partnerships, and user acquisition strategies.

Treasury Management

The DAO treasury holds a significant portion of AEVO tokens, which are managed and allocated according to governance decisions. The treasury is used for various purposes, including development funding, incentives, and liquidity provisions.

Up to 16% of AEVO tokens are allocated for incentives and airdrops. These tokens are used to reward users, attract liquidity, and encourage active participation in the ecosystem. Approximately 9% of AEVO tokens are designated for liquidity provision. These tokens support the platform’s trading activities and ensure sufficient market depth.

Token Distribution

The AEVO token distribution is designed to ensure broad participation and align incentives across the ecosystem. The initial distribution followed the conversion from RBN tokens, maintaining continuity and leveraging the existing community.

1. Initial Distribution: 99% of the token supply was fully unlocked at the Token Generation Event (TGE). This included tokens distributed to the community, team, and backers.
2. Token Lock-Up: 15% of the token supply, consisting of team and backer tokens, is re-locked until the end of the year 2024. This lock-up period ensures long-term commitment and alignment with the platform’s goals.

Voting Rights

Staked AEVO tokens grant users voting rights in the governance process. Voting power is proportional to the number of tokens staked, incentivizing users to actively participate in governance. Voting rights allow token holders to influence key decisions and contribute to the platform’s development.

Security and Audits

Aevo’s governance framework includes regular security audits to ensure the integrity and security of the platform. These audits are conducted by independent third parties and cover both the technical aspects of the platform and the governance processes. The goal is to identify and mitigate any potential vulnerabilities, ensuring a secure and robust governance system.

Highlights

• Aevo’s governance is community-driven, allowing token holders to participate in key decision-making processes.
• Governance Proposals (AGPs) enable the community to suggest and vote on changes to the platform.
• Specialized committees manage areas such as treasury and marketing, ensuring efficient and transparent operations.
• The DAO treasury holds AEVO tokens for incentives, development, and liquidity provision.
• Staked AEVO tokens grant voting rights, incentivizing active participation in governance.