Investing.com – Enterprise blockchain options supplier Aventus, which snags a parachain slot on the interconnected ecosystem, has rolled out a significant community improve to enhance transaction volumes and community utilization.
Aventus 2.0 can be working to broaden its ecosystem by way of partnerships with Layer 3 appchains and interact token holders with a liquidity mining program. Moreover, a token burn mechanism will likely be launched to scale back the availability of Aventus tokens (AVT).
The AVT token was launched in 2017 and reached a peak worth of $6.905 in early 2018. As of now, it has a market cap of $12.5 million and is buying and selling round $2.09, in accordance to CoinMarketCap.
Aventus 2.0 was developed in collaboration with MVP Workshop, the group behind Polygon Edge and Astar Community, in addition to Scytale Digital and the Aventus Companies group.
The Aventus group will roll out the replace over the following 4 months, following a group governance proposal the place AVT token holders voted in favor of implementing these modifications.
The replace introduces a brand new appchain mannequin that lets companies function on the Aventus Community. It additionally brings a liquidity mining program on to increase token holder engagement. Moreover, a gasoline charge burn mechanism will assist scale back the general AVT provide.
Aventus founder Alan Vey mentioned: “Aventus 2.0 builds on vital learnings from current Aventus Community purchasers in addition to the invaluable experience of our companions at MVP Workshop & Scytale Digital, and represents a big milestone in our journey to improve the Aventus Community’s capabilities and ship better worth to stakeholders.”
The appchain mannequin has already seen early adoption, with current customers of the Aventus Community launching their very own Layer 3 appchains.
Barry Helfrich, CIO at Enigmatic Smile, a rewards platform that makes use of the Aventus Community, mentioned the group was instrumental in serving to them construct a dependable answer to course of reductions for tons of of tens of millions of customers.
“We would have liked the Voucher Ledger answer to be safe, quick and secure sufficient to course of the reductions collected by tons of of tens of millions of customers in our rewards ecosystem — no small feat, however Aventus has helped us construct such an answer,” Barry added.