Difference between revisions of "Aerodrome"
(Created page with "* [https://www.onchaintimes.com/aerodrome-the-defi-revenue-giant/ From] Onchain Times (9-8-2024): ''"Aerodrome is a ve(3,3) METADex on Base. A METADex is a protocol that combines features of Uniswap v2 and v3, Curve Finance and Convex / Votium into a single streamlined protocol with no fee-extracting middle layers. It serves as the central trading & liquidity marketplace on Base. Aerodrome is a fo...") |
m |
||
| Line 1: | Line 1: | ||
* [https://www.onchaintimes.com/aerodrome-the-defi-revenue-giant/ From] [[Onchain]] Times (9-8-2024): | [[Fork]] of [[Velodrome (VELO)|Velodrome]] | ||
*[https://www.onchaintimes.com/aerodrome-the-defi-revenue-giant/ From] [[Onchain]] Times (9-8-2024): | |||
''"Aerodrome is a [[ve(3,3)]] METADex on [[Base (Coinbase L2 chain)|Base]]. A METADex is a protocol that combines features of [[Uniswap]] v2 and v3, [[Curve Finance (CRV)|Curve]] Finance and [[Convex (CVX)|Convex]] / [[Votium]] into a single streamlined protocol with no fee-extracting middle layers. It serves as the central trading & [[liquidity]] marketplace on Base. Aerodrome is a [[fork]] of Velodrome, run by the same team. Velodrome started out based on [[Solidly (SOLID)|Solidly]], but has since evolved with its V2 into a complete rewrite both on frontend and backend and added several new features.'' | ''"Aerodrome is a [[ve(3,3)]] METADex on [[Base (Coinbase L2 chain)|Base]]. A METADex is a protocol that combines features of [[Uniswap]] v2 and v3, [[Curve Finance (CRV)|Curve]] Finance and [[Convex (CVX)|Convex]] / [[Votium]] into a single streamlined protocol with no fee-extracting middle layers. It serves as the central trading & [[liquidity]] marketplace on Base. Aerodrome is a [[fork]] of Velodrome, run by the same team. Velodrome started out based on [[Solidly (SOLID)|Solidly]], but has since evolved with its V2 into a complete rewrite both on frontend and backend and added several new features.'' | ||
Latest revision as of 07:57, 12 August 2024
"Aerodrome is a ve(3,3) METADex on Base. A METADex is a protocol that combines features of Uniswap v2 and v3, Curve Finance and Convex / Votium into a single streamlined protocol with no fee-extracting middle layers. It serves as the central trading & liquidity marketplace on Base. Aerodrome is a fork of Velodrome, run by the same team. Velodrome started out based on Solidly, but has since evolved with its V2 into a complete rewrite both on frontend and backend and added several new features.
With a massive $110M paid out to token holders in less than a year, it is beating nearly every other protocol in this metric. Currently, protocols are getting ~2x $ worth of emissions compared to the incentives they deposit. If they deposit $10k worth of incentives, they would receive ~$20k worth of token emissions. The entire supply of AERO was airdropped to veVELO holders. The holders got a veAERO lock about 1/3 of the size of their veVELO and some liquid AERO as voting incentives at launch. That veAERO is now worth 3x more than the veVELO and earning ~7x more rewards per week."
