forexcryptozone – Enterprise blockchain options supplier Aventus, which occupies a parachain slot on the interconnected ecosystem, has rolled out a significant improve to its community to extend transaction volumes and community utilization.
Aventus 2.0 can be working to increase its ecosystem by way of partnerships with layer 3 software chains and interact token holders in a liquidity mining program. Moreover, a token burning mechanism will likely be launched to scale back the provision of Aventus Tokens (AVT).
The AVT token was launched in 2017 and reached a peak worth of $6.905 in early 2018. Presently, it has a market cap of $12.5 million and is buying and selling round $2.09, in response to CoinMarketCap .
Aventus 2.0 was developed in collaboration with MVP Workshop, the staff behind Polygon Edge and Astar Community, in addition to Scytale Digital and the Aventus Companies staff.
The Aventus staff will likely be rolling out the replace over the following 4 months, following a group governance proposal during which AVT token holders voted to implement these adjustments.
The replace introduces a brand new software chain mannequin that enables companies to function on the Aventus community. It’s also implementing a liquidity mining program to spice up token holder engagement. Moreover, a gasoline value burn mechanism will assist scale back general AVT provide.
Aventus founder Alan Vey mentioned: “Aventus 2.0 builds on essential learnings from current clients within the Aventus community in addition to the invaluable experience of our companions at MVP Workshop and Scytale Digital, and represents a essential step in our journey to reinforce the capabilities of the Aventus community and ship higher worth for stakeholders.
The applying chain mannequin has already seen speedy adoption, with current Aventus community customers launching their very own Layer 3 software chains.
Barry Helfrich, CIO at Enigmatic Smile, a rewards platform that makes use of the Aventus community, mentioned the staff was instrumental in serving to them create a dependable resolution to course of reductions for a whole bunch of hundreds of thousands of customers.
“We would have liked the Voucher Ledger resolution to be safe, quick and secure sufficient to course of the reductions collected by a whole bunch of hundreds of thousands of customers in our rewards ecosystem – no small feat, however Aventus helped us to construct such an answer,” added Barry.