Aevo Airdrop: Bigger Than Jito?

Max | DeFi Chronicles
3 min readDec 16, 2023

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I’ve stumbled upon something that might just be the next big thing — Aevo. Now, hold tight while I break down the numbers and share why I believe this project might bring us a jaw-dropping airdrop.

Aevo is a trading platform for perpetuals, options, and access to pre-launch tokens, including Jupiter and Blast. But let’s dive into the nitty-gritty.

https://app.aevo.xyz/r/Brindle-Indecisive-Cobie

The stats? Currently, Aevo has just 28,000 unique users. Surprising, right? Here’s the kicker: Aevo is a rebrand of Rebon Finance, a project with a market cap hovering around $300 million. They’ve announced a 1:1 swap from Rebon tokens to Aevo tokens.

Why all of this is important? The Jito airdrop was massive because of the number of eligible users (-10,000). Therefore, the fewer users there are receiving an airdrop, the more reward there is to be distributed.

Drumroll, please. The confirmed airdrop might hit us by January or February. And guess what? It’s a done deal! Up to 16% for Avo, including the airdrop. They’ve also hinted at a snapshot for early adopters recently.

I think we still have time to get involved with it.

Let me guide you through the process.

Step one: Deposit funds. You’ll need USDC.e, and you can use Optimism or Arbitrum chains. Avoid Ethereum; it can be a bit pricey.

There’s a deposit fee of around $3, so once you deposit your funds make sure to add enough volume instead of deposit, removing back and forth to avoid the $3 fees.

Once you have deposited your funds it’s time for some trading. The goal? Not to make a fortune, but to add volume. You can play with leverage but remember that your goal is volume and consistency on the platform for an airdrop, not to get rich by trading (unless you are a trader). I’m aiming for around $10k volume in trades, slowly but surely. Remember, it’s not a sprint; it’s a marathon.

Since you can add leverage, reaching 10k in volume might require just a few trades depending on your funds. I am using $180, therefore I might take 10–20 trades with a 5–10x leverage and close my positions just a few minutes after opening them, that’s a scalp trade.

Just for fun…

A quick calculation using a market cap (300M) and potential users of around 28k suggests a possible airdrop of around 1.7k for users. Calculation is not like that, they will take into consideration your volume, time using the platform, and total transaction, but this calculation at least helps us estimate if there is money to be made.

By the way, Ribbon did an airdrop some time ago for their RBN token, and it was massive, around 5–10k for some. Fingers crossed for a massive one like that again.

Why the fuss over 28,000 users for a $300 million project? Simple. Fewer users could mean a bigger airdrop. Remember JTO’s massive airdrop with fewer recipients? It’s a similar potential here.

If Aevo reaches 30k users by January or February, removing around 25% of inactive users, we might be in for a massive airdrop!

This might sound straightforward, but it’s a game of numbers and patience. Got any queries or predictions? Drop them in the comments. Let’s ride this wave together! Cheers! 🚀💰

Youtube Video

https://www.youtube.com/watch?v=6i8QD6o-3mc

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