LogoLogo
  • Legal Disclaimer
  • help and support
    • TICKETS
    • FAQs
    • Video Guides
      • Introduction
      • Perpetual Futures
        • Intro to PERPS Trading
        • Mark, Index and Traded Prices
        • Managing PERPS Positions
      • Pre Launch Markets
      • Options
        • Options Trading
    • Community
    • API Reference
    • Security
  • AEVO PRoducts
    • AEVO EXCHANGE
      • Technical Architecture
        • Off-chain Orderbook and Risk Engine
        • On-chain Settlement
        • Layer 2 Architecture
        • Liquidations
        • Auto-Deleveraging (ADL)
        • Deposit contracts
      • Options Specifications
        • ETH Options
        • BTC options
        • Index Price
        • Margin Framework
        • Standard Margin
        • Portfolio Margin
      • Perpetuals Specifications
        • ETH Perpetual Futures
        • BTC Perpetual Futures
        • Perpetual Futures Funding Rate
        • Perpetual Futures Mark Pricing
        • Pre-Launch Token Futures
      • Fees
        • Maker and Taker Fees
        • Options Fees
        • Perpetuals Fees
        • Pre-Launch Fees
        • Liquidation Fees
        • Deposit & Withdrawal Fees
      • Cross-Margin Collateral Framework
        • aeUSD
          • aeUSD Deposits
          • aeUSD Redemptions
          • aeUSD Composition
        • Spot Convert Feature
    • AEVO OTC
      • Core Features
        • Asset Availability
        • Customizability
        • Cost-Efficiency
      • Options Over PERPS
      • Use cases with examples
        • Bullish bets on price movements
        • Protect holdings
    • AEVO STRATEGIES
      • Aevo Basis Trade
        • Bonus Incentives
        • Basis Trade Deposits
        • Basis Trade Withdrawals
        • Basis Trade Fees
        • Basis Trade Risks
  • TRADING AND STAKING INCENTIVES
    • Trading Campaigns
      • EIGEN Rewards Program
      • Aevo Airdrops
      • Ended Campaigns
        • Trading Rewards
          • Finalized Rewards
        • We're So Back Campaign
        • All Time High
    • Staking
      • Staking Rewards
    • Referrals
  • AEVO GOVERNANCE
    • Definitions
      • Token smart contracts
    • Token Distribution
      • Original RBN Distribution (May 2021)
      • Legacy RBN tokenomics
    • Governance
      • AGP - Aevo Governance Proposals
      • Committees
        • Treasury and Revenues Management Committee
        • Growth & Marketing Committee
      • Aevo Revenues
        • Operating Expenses
Powered by GitBook
On this page

Was this helpful?

  1. AEVO GOVERNANCE
  2. Governance
  3. Aevo Revenues

Operating Expenses

PreviousAevo Revenues

Last updated 11 months ago

Was this helpful?

Apogee so far has received no revenues from products developed and managed for Aevo. The private funds through which Apogee has operated to date come from seed and private rounds.

AGP-1 aims to change this arrangement by introducing a sustainable system for the development of Aevo, whereby operating costs are covered from the revenues of Aevo's products. Besides covering operating costs, the funds will be used to support the future development of Aevo and all related products.

The breakdown of Apogee’s expenditure is outlined below, with the major components being:

  • Salaries

  • Audits & Technical Consultation

  • On-chain Expenses (e.g cost of running the Aevo Chain & subsidizing gas)

  • Legal

  • and more

To ensure the support of the above-mentioned expenses, Apogee requests an annual budget consisting of:

  • USD 5 million in cash

  • 2% of FDV a year in token as compensation

This remunerative system was conceived similarly to what is in place on primary DeFi protocols such as , , , and . The figures indicated may be subject to change at a later date by means of an appropriate Governance proposal.

Lido
Maker
Maple
Sushi
Spending Snapshot