Aventus 2.0 Unveiled: A Major Network Evolution Targeting Long-Term Growth and Value Capture

Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0

Enterprise blockchain solutions and Polkadot parachain provider Aventus has announced the launch of Aventus 2.0, an evolution of the Aventus Network designed to strengthen its foundation for long-term growth and value capture.

The update introduces several strategic initiatives aimed at increasing transaction volume, expanding the ecosystem, enhancing token holder engagement and reducing token supply.

Aventus 2.0 was planned by MVP Workshop, a blockchain product R&D studio and the team behind Polygon Edge and Astar Network, in collaboration with Scytale Digital and the Aventus Services team.

After a community governance proposal was approved, with AVT token holders voting to execute this vision, the Aventus Services team will now begin implementing the Aventus 2.0 plan over the next four months.

This process highlights Aventus’s commitment to stakeholder-driven decision-making, ensuring that major network decisions are made through community consensus.

Aventus 2.0 consists of three main components:

* Appchain Model: Aventus will introduce an appchain model to enable layer-three applications to be built on top of the Aventus Network.

* Liquidity Mining Program: A token burn mechanism will be introduced to reduce the total token supply by burning a portion of transaction fees.

* Burn Mechanism: Aventus will launch a liquidity mining program to enhance token holder engagement and increase network usage.

According to Aventus founder Alan Vey, Aventus 2.0 builds on learnings from existing Aventus Network clients and the expertise of MVP Workshop and Scytale Digital, marking a significant milestone in enhancing the Aventus Network’s capabilities and delivering greater value to stakeholders.

“The appchain model is already seeing traction, with existing users of the Aventus Network having recently launched their own Aventus layer-three appchains,” Vey added.

One of these users is Barry Helfrich, CIO at Enigmatic Smile, who said that they needed the Voucher Ledger solution to be secure, fast and stable enough to process the discounts collected by hundreds of millions of users in their rewards ecosystem.

“No small feat, but Aventus has helped us build such a solution,” Helfrich said.

“The team has been helpful, professional and responsive throughout the process. We’re looking forward to continuing our long-standing relationship with them.”

The updated network will provide enhanced functionality and improved user experiences, positioning the Aventus Network as a trusted leader in enterprise blockchain solutions and a key contributor to enterprise use cases within the Polkadot ecosystem, the announcement concludes.

The Daily Hodl

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