Aevo, formerly known as Ribbon Finance, is a cutting-edge Ethereum Layer-2 application Blockchain rollup that serves as a decentralized exchange utilizing an order book system. Powered by OP Stack and in partnership with Conduit, a Rollup-As-A-Service (RaaS) provider, Aevo efficiently manages rollup transactions. The platform processes transactions in batches, with Conduit forwarding them to Ethereum every hour. A two-hour window is provided for dispute resolution on transactions, allowing users to either approve or reject disputed transactions. Following this period, transactions are finalized on the Ethereum blockchain. Users have the option to deposit a variety of cryptocurrencies from Ethereum, Optimism, or Arbitrum to the Aevo Rollup with zero gas fees. Stay up-to-date with the latest technology news by visiting NEWSLINKER.
