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Aevo Executes Token Burn of 69 Million AEVO Tokens, Reducing Supply by 6.9% Under AGP-3

Aevo has burned 69 million AEVO tokens as part of AGP-3, with the fifth phase of its rewards program continuing, offering staking incentives tied to Uniswap V3 LP fees, payable by June 2026.

UNI

Summary

Aevo announced the burn of 69 million AEVO tokens, representing 6.9% of the total supply, under AGP-3. The platform’s rewards program continues, offering 1 million AEVO to traders, alongside staking incentives linked to Uniswap V3 LP fees, with distribution set for June 2026.

Terms & Concepts
  • Token burn: Permanently removing tokens from circulation to reduce supply.
  • Staking: Locking crypto assets to earn rewards, often tied to network participation.
  • Uniswap V3 LP fees: Trading fees earned by liquidity providers on Uniswap V3, a decentralized exchange protocol.