Aventus unveils Aventus 2.0 to drive enterprise adoption on Polkadot

starcrypto – Enterprise blockchain options supplier Aventus, which snags a parachain slot on the 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 appchains and have interaction token holders with a liquidity mining program. Moreover, a token burn mechanism will likely be launched to cut 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. As of now, it has a market cap of $12.5 million and is buying and selling round $2.09, in keeping with CoinMarketCap.

Aventus 2.0 was developed in collaboration with MVP Workshop, the workforce behind Polygon Edge and Astar Community, in addition to Scytale Digital and the Aventus Providers workforce. 

The Aventus workforce will roll out the replace over the subsequent 4 months, following a group governance proposal the place AVT token holders voted in favor of implementing these adjustments.

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 spice up token holder engagement. Moreover, a fuel price burn mechanism will assist cut back the general AVT provide.

Aventus founder Alan Vey mentioned: “Aventus 2.0 builds on essential learnings from current Aventus Community shoppers in addition to the invaluable experience of our companions at MVP Workshop & Scytale Digital, and represents a big milestone in our journey to reinforce the Aventus Community’s capabilities and ship higher 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 workforce was instrumental in serving to them construct a dependable answer to course of reductions for lots of of tens of millions of customers. 

“We would have liked the Voucher Ledger answer to be safe, quick and steady sufficient to course of the reductions collected by lots 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.