Aero

What is Aero?

Aerodrome Finance is a decentralized finance (DeFi) protocol that functions as an automated market maker (AMM) and liquidity hub on the Base network. It is a decentralized exchange (DEX) built on Coinbase's Layer-2 blockchain, aiming to be the primary liquidity hub for the ecosystem.

Price

$0.6038

Marketcap

$0.41424928B

Aero in circulation

2,135,578,125 AERO

Goals of this cryptocurrency

Aerodrome Finance aims to provide deep liquidity, low slippage, and competitive fees for traders, adding another dynamic layer to the Base DeFi platform. The project's purpose is to support the growth and stability of the Base ecosystem by promoting USDC adoption, providing liquidity for liquid staked tokens, and forming strategic partnerships.

Fundamental economics of Aero

Aerodrome Finance has a total supply of 2135578125 AERO tokens, with a market capitalization of $414249281. The current price of AERO is $0.6038. The token distribution plan includes 8% for voter incentives, 2% for the initial liquidity pool, 40% airdropped to veVELO lockers, 21% for ecosystem pools and public goods funding, 14% for the Aerodrome team, and 15% for protocol grants and AERO pools vote power.

The technology behind Aero

Aerodrome Finance is built on the Base network, utilizing a blockchain technology that enables fast and secure transactions. The project's technology also includes a governance model that allows veAERO holders to participate in decision-making through voting.

Aero compared to its competitors

Aerodrome Finance differentiates itself from competitors by leveraging Velodrome Finance's core functionalities and providing a self-optimizing liquidity flywheel. This allows veAERO holders to strategically direct AERO emissions, enhancing liquidity in specific pools and creating a cycle that attracts more traders and generates additional fees and rewards for LPs and veAERO holders.

Aero price history

Frequently asked questions