The AEVO token represents a significant evolution from its predecessor. It is the official rebrand of the former governance token, RBN, following the successful passage of Ribbon Finance's governance proposal, RGP-33. This transition means the token's distribution is largely predetermined, as RBN was already widely distributed and allocated across the market.
A key point for holders and investors is that as of early 2025, the entire supply of AEVO tokens is fully unlocked and circulating in the market. The single largest holder of these tokens is the Aevo DAO Treasury, which manages a significant portion of the total supply.
Holders of the original RBN token can seamlessly exchange them for AEVO on a 1:1 basis directly on the exchange. This process has no limits on the amount that can be converted and no final deadline. All RBN tokens that are converted are permanently held and immobilized within a secure, immutable staking contract.
How the AEVO Treasury is Allocated
The DAO Treasury holds the largest concentration of AEVO tokens. Historically, this capital remained largely unproductive, with the exception of funds used to provide liquidity for RBN in various trading pools. A new proposal, AGP-1, was approved by the DAO to create a more dynamic and functional strategy for managing these assets. This new structure is closely tied to the formation of specialized committees, which will be responsible for administering the treasury funds.
The proposed fixed breakdown for the DAO Treasury is as follows:
- Incentives (Up to 16%): Managed by the Growth & Marketing Committee, this allocation is designated for initiatives like airdrops and other programs aimed at distributing the governance token more widely and attracting new users and liquidity to the Aevo platform.
- Token Liquidity (Up to 9%): The Treasury and Revenues Management Committee will use these tokens to support and enhance AEVO's liquidity on both decentralized (DEX) and centralized (CEX) exchanges.
- Community Growth and Bounties (Up to 5%): Also managed by the Growth & Marketing Committee, these funds are reserved for community-driven events, rewards, and bounty programs to foster ecosystem engagement.
- Unallocated Reserve (16%): This portion is set aside for future spending initiatives approved by the DAO. It is important to note that the yearly 2% allocation for Aevo Project Contributors will be drawn from this reserve fund.
This structured approach ensures treasury assets are used strategically to support growth, stability, and community development. For a deeper look at managing digital assets effectively, you can explore advanced treasury management strategies.
Frequently Asked Questions
What is the relationship between RBN and AEVO?
AEVO is a direct rebrand of the RBN token. The transition was enacted through a community governance vote (RGP-33). All existing RBN tokens can be exchanged for AEVO on a 1:1 basis, with no expiration date for the conversion.
Is the entire AEVO supply already in circulation?
Yes, as of the beginning of 2025, the total supply of AEVO tokens is 100% unlocked and circulating. This means there are no more tokens left to be released or vested from a central entity.
Who controls the largest portion of AEVO tokens?
The Aevo DAO Treasury is the largest single holder of AEVO tokens. The management of these funds is overseen by specialized committees, as approved by the community through governance proposals.
What is the purpose of the treasury's token allocation?
The treasury allocation is designed to proactively support the ecosystem. Funds are designated for critical areas like user incentives, ensuring healthy market liquidity, funding community events, and reserving capital for future DAO-approved projects.
How is liquidity for the AEVO token maintained?
The Treasury and Revenues Management Committee is tasked with using up to 9% of the treasury's AEVO tokens to provide liquidity support on various exchanges, ensuring a stable and efficient trading environment for all holders.
Can I still convert my old RBN tokens?
Absolutely. There is no deadline to convert RBN to AEVO. You can exchange any amount at a 1:1 ratio directly on the platform, and the converted RBN tokens will be permanently locked in a staking contract.