Skip to content

It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.

Mar 14, 13:52
It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.
Original title: "Explicitly stating that users were cheating but punished for counterfeiting, AEVO airdrop was criticized by the community"
Original author: Asher, Odaily Planet Daily


The AEVO announced by Binance Launchpool last week attracted much market attention. However, yesterday afternoon 17: 00 AEVO opened the token airdrop application, but received unanimous negative reviews from the community, and the resentment of the participants spread on social media:


"One account has worn out almost 8,000 US dollars. The trading volume has been 6,000,000 US dollars, but only 2,000 AEVOs (currently worth about 6,000 USDT) have been given. This market situation has been countered. It’s really frustrating.”


“Has the real trading volume exceeded 100,000 US dollars and been judged as a “witch”?”


" 30 The wear and tear of US$300,000 was finally given to more than 9 more than 9 thousand coins. It was unexpected that institutional accounts were also hit back."


"Several accounts did not participate in the transaction of Snapshot 2 , but they had deposited aeUSD and placed orders before Snapshot 1 but none of them were given."


……


It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.

(The airdrop screenshot posted by a user basically only has 0.1  AEVO tokens)


It became popular on social media  ;Aevo, why is there so much “cursing” after applying for the token airdrop? Starting from the Farm Boost plan, Odaily Planet Daily will sort out the entire process of users' participation in Aevo product experience during this period, and show you how users' grievances accumulated and exploded step by step.


From Farm Boost to AEVO airdrop application


On February 14, 2024, the official announced the Aevo X Pandora: Farm Boost event in the Mirror document. The event highlights that when trading on the platform, the trading volume will affect the token airdrop share. The more you trade, the faster the base for future transactions will improve.


It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.

Basic Farm Boost


At the same time, the FAQ at the bottom of this document once again explains that the user's increased transaction volume in Farm Boost will affect the number of future AEVO token airdrops.


It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.

Image source: Official Mirror Document


This event officially states that the airdrop of AEVO tokens will be carried out based on transaction volume, so users began to frantically increase the transaction volume on the platform. Part of it is that institutions, studios, etc. use scripts to carry out large-scale transactions, and the other part is that retail investors manually conduct "relatively frequent" buying and selling transactions. For a time, major communities were discussing issues such as "how to generate greater transaction volume with lower wear and tear", and the project became extremely popular.


Yesterday afternoon at  5 pm AEVO airdrop application officially started, just as users were looking forward to seeing the rewards of their "hard work" in these days of trading volume At that time, they found that they were just trying to fetch water from a bamboo basket but in vain. The vast majority of users have been "repulsed", and the total value of the airdrop tokens received cannot cover their transaction wear and tear costs. Users previously contributed liquidity and traffic to the platform, helping the project obtain eye-catching data when it was listed on Binance, but now they have become abandoned.


Unacceptable official explanation


Aevo official in its official Mirror document The relevant details of this AEVO airdrop have been updated. The reference standards for this token airdrop are divided into the following points:


· Transaction volume before the Farm Boost event ;

·Transaction volume during the Farm Boost event;

·AeUSD balance in the account;

·The first transaction on Aevo;

· Actively use Aevo;


At the same time, what is more worthy of users’ attention is that the official announced that in order to reward real trading users, two types of accounts will be Airdrop penalties, these two types of accounts are accounts that abuse deep OTM options; wash traders (accounts that open and close positions in a short period of time).


It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.

Source: Official Mirror Document


As soon as the content about "punishing users for brushing up" came out, the community's resentment spread quickly. The official launch of the Farm Boost activity is to encourage activities that increase transaction volume, but punishes users who increase transaction volume, making a large number of users, studios, and institutions very dissatisfied. This resentment even spread to other projects invested by Paradigm - "all projects away from PUAdigm."


It was clearly stated that users were cheating but they were punished for cheating. The AEVO airdrop caused dissatisfaction in the community.

Those who are dissatisfied with the AEVO airdrop Sentiment


Yesterday evening, both Binance and OKX opened AEVO for trading. It is currently quoted at 3.02 USDT, with a circulating market value of US$330 million and FDV of US$3.076 billion. AEVO, which has been criticized by the community, will you buy it at this price?


Original link


Recommended

The Wall Street Journal: How is AI Trading Stealing the Limelight from Cryptocurrency?

Aug 15, 14:00
The Wall Street Journal: How is AI Trading Stealing the Limelight from Cryptocurrency?

Tencent Still Has a Dream

Aug 15, 11:27
Tencent Still Has a Dream

To Catch North Korean Hackers, They Set Up a Fake Project

Aug 15, 10:00
To Catch North Korean Hackers, They Set Up a Fake Project

From Litigation to Settlement: Positive Signal Released by HTX's Negotiation with FCA

Aug 14, 19:32
From Litigation to Settlement: Positive Signal Released by HTX's Negotiation with FCA

11,742 Shipping Addresses Exposed Alongside Trezor Orders

Aug 14, 19:01
11,742 Shipping Addresses Exposed Alongside Trezor Orders

Founder Interview: FOMO Creator Explains How They Added 30,000 Users in One Day and Became One of the Fastest-Growing Crypto Apps

Aug 14, 18:37
Founder Interview: FOMO Creator Explains How They Added 30,000 Users in One Day and Became One of the Fastest-Growing Crypto Apps