AEROAerodrome Finance (AERO) Price

1. Project introduction

Aerodrome Finance is an advanced AMM (automated market maker) and decentralized exchange designed to be the central liquidity hub for the Base network. Engineered for optimal token swaps, Aerodrome incentivizes liquidity provision through a robust emission and rewards system, and employs a vote-lock governance model for decentralized decision-making. Inheriting features from Velodrome V2, it offers users enhanced operational efficiency and an intuitive experience. The project aims to drive ecosystem growth by aligning incentives and empowering community participation.

2.Team introduction

Tao Watts - Co-founder

https://x.com/taowatts

Alex Cutler - Co-founder

https://x.com/wagmiAlexander

3.Investment institution

Base Ecosystem Fund

4.Token application and distribution

Token application

The AERO token is used for governance via the veAERO vote-lock model, enables holders to receive protocol rewards and trading fees, and serves as an incentive for providing liquidity. Users can lock AERO to obtain governance rights and direct emissions through voting, as well as share in protocol-generated incentives.

Token distribution

AERO initial supply: 500M; 450M distributed as vote-locked (veAERO) tokens. Weekly emissions start at 10M AERO (2% of supply), increasing 3% weekly for 14 weeks, then decaying 1% per epoch. Emission policy can be voted on after ~67 epochs by veAERO holders; min weekly emission: 0.01%, max: 1%.