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According to news from PANews on July 12, Ribbon Finance, an on-chain structured product, launched a new proposal, planning to merge into Aevo, making Aevo the only brand name and restructuring governance and token economics. The specific content includes: abolishing the original token RBN and launching a new token AEVO. In the future, Ribbon's products will be combined into Aevo's structured product suite, and the original RBN tokens will also be exchanged for AEVO at a ratio of 1:1. Aevo will be the premier venue for on-chain derivatives trading, including exchange-traded options and perpetual contracts, OTC derivatives contracts, and structured products including passive (vault) and active products.

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