currencyjournals – Enterprise blockchain options supplier Aventus to achieve parachain slot in interconnected ecosystem has rolled out a significant community improve to extend transaction volumes and community utilization.
Aventus 2.0 can be working to broaden its ecosystem via partnerships with layer 3 app chains and have interaction token holders in liquidity mining packages. Moreover, a token write mechanism can be launched to scale back the availability of Aventus Tokens (AVT).
The AVT token was launched in 2017 and reached a excessive of $6.905 in early 2018. In response to CoinMarketCap, it at the moment has a market capitalization of $12.5 million and is buying and selling at round $2.09.
Aventus 2.0 was developed in collaboration with MVP Workshop, the staff behind Polygon Edge and Astar Community, Scytale Digital and the Aventus Companies staff.
The Aventus staff plans to roll out the updates over the following 4 months, following neighborhood governance proposals through which AVT token holders voted in favor of implementing these modifications.
This replace introduces a brand new app chain mannequin that permits companies to function on the Aventus community. A liquidity mining program has additionally been launched to extend token holder engagement. Moreover, the gasoline cost combustion mechanism can scale back the general AVT provide.
Alan Vey, founding father of Aventus, stated: “Aventus 2.0 builds on vital learnings from current Aventus Community shoppers and the dear experience of our companions at MVP Workshop and Scytale Digital, enhancing the capabilities of Aventus Community and creating larger worth for stakeholders. ”
The app chain mannequin is already seeing early adoption, with current Aventus Community customers launching their very own layer 3 app chains.
Barry Helfrich, CIO of Enigmatic Smile, a rewards platform that makes use of Aventus Community, stated the staff helped construct a dependable resolution for processing reductions for lots of of hundreds of thousands of customers.
“We wanted our Voucher Ledger resolution to be safe, quick, and steady sufficient to deal with the reductions collected by lots of of hundreds of thousands of customers in our rewards ecosystem. , Aventus helped us construct such an answer,” Barry added.
