Aventus Network Confirms Launch of Aventus 2.0

Aventus, a leading provider of enterprise blockchain
solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0,
an evolution of the Aventus Network aimed at establishing a stronger foundation
for long-term growth and value capture.

The update introduces several strategic initiatives designed
to enhance network performance and stakeholder utility, including increasing
transaction volume and overall network usage, expanding the ecosystem through
successful partnerships with Layer 3 appchains, enhancing token holder
engagement via a liquidity mining program, and reducing token supply via a burn
mechanism.

The vision for Aventus 2.0 was developed by MVP Workshop, a
Blockchain Product Research & Development Studio who designed Polygon Edge
and Astar Network, in collaboration with Scytale Digital and the Aventus
Services team.

Following the approval of a community governance proposal in
which AVT token holders voted in favour of executing this vision, the Aventus
Services team will implement the Aventus 2.0 plan over the next four months.
This process underscores Aventus’s commitment to stakeholder-driven
decision-making, ensuring that major network decisions are made through
community consensus.

Aventus 2.0 comprises three main components:

1. A
   Layer 3 appchain model, whereby enterprises are able to operate on the
   Aventus Network and benefit from the security, scalability,
   interoperability and decentralised infrastructure offered by the Aventus
   ecosystem.
2. A
   liquidity mining program on Uniswap, including a custom user-friendly
   dApp, to enhance token holder engagement. Appchains are also able to
   request grants from Aventus community treasury and launch their own
   liquidity mining programs to drive liquidity for their own tokens,
   contributing a portion of their token supply and network fees to the
   Aventus treasury to support the broader Aventus ecosystem and its
   development.
3. A new
   collator rewards mechanism to ensure a secure and efficient Aventus
   Network, alongside an automatic burn mechanism for a portion of gas fees
   to reduce the overall supply of AVT tokens in circulation.

Alan Vey, Founder at Aventus, commented: “Aventus 2.0 builds
on important learnings from existing Aventus Network clients as well as the
invaluable expertise of our partners at MVP Workshop & Scytale Digital, and
represents a significant milestone in our journey to enhance the Aventus
Network’s capabilities and deliver 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 3
appchains.

Barry Helfrich, CIO at Enigmatic Smile, adds: “We needed the
Voucher Ledger solution to be secure, fast and stable enough to process the
discounts collected by hundreds of millions of users in our rewards ecosystem —
no small feat, but Aventus has helped us build such a solution. 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 key contributor to enterprise use cases
within the Polkadot ecosystem.

About Aventus

Aventus (https://www.aventus.io/) transforms how customers
create trust and unlock growth, crafting pioneering Web3 solutions for brands,
from creating more connected, integrated experiences to enhancing traceability,
transparency, and product authentication. Founded in 2020, Aventus is the only
trusted digital product extension platform that provides a secure and reliable
Web3 environment for customers to launch market-leading programs and product
activations.

With deep industry expertise and a strong understanding of
enterprise needs, Aventus delivers one the best feature sets of Web3 with the
familiarity of Web2, driving significant brand reputation, trust, and
enterprise growth for its customers. Its production-ready, end-to-end
Blockchain-as-a-Service software is modular, scalable, and interoperable,
giving clients the flexibility they need to respond to rapidly evolving market
opportunities.

This article was written by FL Contributors at www.forexlive.com.