Aventus Bi-Weekly Update (Feb 23— March 8)
March 08, 2022
In this edition of the Aventus bi-weekly update, you get Two Staking Withdrawal Options & A Governance Announcement
Inside this edition of the Aventus Bi-weekly Update, you’ll also find:
- Announcing a new partnership with Scytale Ventures to boost Aventus Polkadot Parachain plans
- Celebrating International Women’s Day Today 8th March With Aventus’ Superstar Women
- Aventus COO Anna Frankowska’s Quote on Increasing Opportunities in Tech for Women
- New Meet The Team Video With Idara
- Introducing Four New Aventus Hires
- New Coinbase Pairs Coming Soon
- AVT Staking Programme Now 99.9% full
- Music Partnership Coming Soon
📣 Announcing a new partnership with Scytale Ventures to boost Aventus Polkadot Parachain plans 📣
As reported first by CoinDesk, the goal of this new partnership is to help bring business-friendly blockchain apps to the Polkadot network.
“The Aventus partnership with Scytale Ventures includes a sizable grant of DOT, the native token of the Polkadot network.”
“Scytale’s Horizon Fund II took a significant position in the native token of Aventus (AVT) as a vote of confidence in the project.”
Aventus CEO Alan Vey explained, “it (the partnership) may be one of Polkadot’s first takes on enterprise blockchain.”
AVT Staking Withdrawal: Two Options
The staking program is now 99.9999% full and the AvN Gateway will soon be going live.
Many of you have been earning staking transaction fees for as much as 12 months now, with a total of 144,125 AVT earned to date from a total of 11.86m transactions — with a further 45m agreed yet to process.
As a staker, you now have two options for withdrawing both your original stake and your share of earned rewards:
- Receive your full AVT stake and rewards to Ethereum, or…
- Receive your full AVT stake and rewards over the Aventus Network
It is important to note that choosing to receive your tokens over Ethereum will be subject to Ethereum gas fees.
The new staking model will go live in April with no limit to the total AVT you can stake.
Therefore it will be possible for those who keep their AVT on the AvN to compound their staking rewards by re-staking their initial stake plus earned rewards to date.
Stakers will receive an email with details later in the week.
Official Governance Voting Launch Next Week
Next week, we are launching community voting on organisations that have applied to run AvN Validator Nodes and are moving to Nominated Proof of Stake following the polkadot launch roadmap.
Stakers will receive one vote per token to choose which organisations will be accepted to run Validator Nodes.
Voting will last for 14 days and is scheduled to end before the end of March.
Expect more details soon…
Celebrating International Women’s Day Today 8th March With Aventus’ Superstar Women
Today, 8th of March, is a day where we celebrate the social, economic, cultural and political achievements of women —as well as raise awareness against bias & take action for equality.
Going clockwise around the screengrab above from top left to bottom left, everyone at Aventus wants to say thank you to Ochi, Fernanda, Idara, Jurate, Teresa, and of course Anna.
Without our amazing ladies, Aventus Network wouldn’t be where it is today.
Aventus COO Anna Frankowska’s Quote on Increasing Opportunities in Tech for Women
In the run up to #internationalwomensday2022, our colleague Anna Frankowska spoke on how to close the gender pay gap in the tech industry.
Read what Anna has to say on the topic in this article with ToolboxforB2B 👇🏼
Meet The Team Video With Telegram Community Manager Idara Esenowo
In case you missed it, watch the brand new ”Meet the Team” video with our wonderful Telegram Community Manager Idara Esenowo.
In the above video you’ll get to know Idara both personally and professionally including her views on the future of Aventus and what she likes to do for fun.
Introducing Four New Aventus Hires
To facilitate and maintain Aventus Network growth, we have been on a hiring spree, particularly on the marketing and business development side of things.
We are excited to welcome the following four people to the Aventus team.
Timothy Brindle — Social media Manager
Nicolas Cafetieris — Senior Business Development Manager
Jamie Mitchell — Marketing Manager
Nathan Phillips — Business Research and Strategy Analyst
And you may well hear from them soon as part of the Meet The Team video series…
New Coinbase Pairs Coming Soon
On February 3rd 2022, the Aventus Token $AVT became available on Coinbase listed in AVT-USD.
We are now working to list AVT-EUR, and AVT-USDT pairs soon.
We will let you know when the pairs become available.
Read more about the listing here.
Reminder Of The Upcoming New Music NFT Partnership Announcement Coming Soon
Coming soon this month, VereNFT is releasing an exciting announcement with yet another new partner.
VereNFT will collaborate with a Music NFT Marketplace to provide new revenue streams for breakthrough music talent.
To learn more, stay tuned to the VereNFT social media channels! Join their socials:
AVT Staking Program Now 99.9% Full
The Aventus staking program lets stakers earn their share of more than 58m agreed transactions.
Following the recent Coinbase listing news, the Staking program is now 99.9% full.
As mentioned above, stakers can choose between Ethereum Network withdrawals or cheaper Aventus Network withdrawals.
Next, we are moving to Nominated Proof of Stake following the polkadot launch roadmap.