fromcrypto – Enterprise blockchain options supplier Aventus, which has captured a parachain slot within the related ecosystem, has carried out a serious community improve to extend transaction volumes and community utilization.
Aventus 2.0 can be working to develop its ecosystem by partnering with layer 3 purposes and fascinating token holders in a liquidity mining program. Moreover, a token burning mechanism might be launched to scale back the availability of Aventus Tokens (AVT).
The AVT token was launched in 2017 and reached a peak worth of $6.905 in early 2018. It at the moment has a market cap of $12.5 million and is buying and selling round $2.09 in line with CoinMarketCap.
Aventus 2.0 was developed in collaboration with MVP Workshop, the workforce behind Polygon Edge and Astar Community, in addition to Scytale Digital and the Aventus Providers workforce.
The Aventus workforce will launch the replace over the following 4 months primarily based on a group administration proposal the place AVT token holders voted to implement these adjustments.
The replace introduces a brand new appchain mannequin that permits companies to function on the Aventus community. It additionally brings a liquidity mining program to spice up token holder engagement. As well as, the fuel cost burning mechanism will assist scale back the general provide of AVT.
Aventus founder Alan Vey stated: “Aventus 2.0 builds on vital insights from current Aventus community purchasers, in addition to the invaluable experience of our companions at MVP Workshop & Scytale Digital, and represents a big milestone in our journey to enhance Aventus community capabilities and repair supply. higher worth for stakeholders.”
The appchain mannequin has already seen early adoption, with current Aventus community customers launching their very own layer 3 appchains.
Barry Helfrich, CIO at Enigmatic Smile, a rewards platform that makes use of the Aventus community, stated the workforce helped them create a dependable low cost processing resolution for lots of of tens of millions of customers.
“We wanted a Voucher Ledger resolution that was safe, quick and steady sufficient to deal with the reductions collected by lots of of tens of millions of customers in our rewards ecosystem – no small feat, however Aventus helped us create such an answer,” added Barry.
