AERODROME And Its Well Meaning Usecases.

[MetaverseLawyer]

The BASE blockchain is steadily making its moves to conquer the crypto scene upon the next bullrun. Since BASE was announced last year, we have not really seen much off of it this seems like a floodgate for more transactions on there.

With the largest DEX on Optimism; Velodrome building one of its foremost AMMs I am pretty certain it will do immensely well. This Automated Market maker is called Aerodrome, it is filled with the inherent capacity to be BASE’s central liquidity hub, combining a powerful liquidity incentive engine, vote lock governance model and friendly experience. As a stack of Velodrome V2, it inherits some of its features. 

As a people centric project, it incentivizes users who contribute to the protocol’s sustainable growth with about 100% of the protocol’s incentives and fees going to VeAERO voters.

Interestingly, the project has a democratised setting, where voters who lock their AERO tokens convert them to a non fungible token called VeAERO that represents voting power. Consequently, the higher the lock period, the higher the voting weight. 

Being launched at about August 28, 2023, It currently stands as one of the largest protocols on BASE with more than 30% of the market shares. 

The price of the native token $AERO has surged exponentially over time peaking about 900%. With the BASE chain gaining more traction as it has been lately, this token is slated to do even better. With platforms like Bitget lending it some weight, it is safe to infer the token will serve as a major catalyst to its price as well. Along the listing, there is a deposit to earn rebate event where you could easily earn over 10% rebate.

 

 

 

[Imam]

Gonna DCA if it does below my entry point...

[AhmedMarsh]

BASE blockchain is rapidly moving towards conquering the crypto scene in the upcoming bull rally. We haven't seen any significant changes since last year's announcement, but this could mark the start of a big influx of transactions. Velodrome, the largest decentralized exchange on Optimism, is developing one of the most advanced AMMs, Aerodrome. It promises to be a big success thanks to its powerful liquidity incentive engine, voting management model and user-friendly user experience.

[Imam]

7 hours ago, AhmedMarsh said:

BASE blockchain is rapidly moving towards conquering the crypto scene in the upcoming bull rally. We haven't seen any significant changes since last year's announcement, but this could mark the start of a big influx of transactions. Velodrome, the largest decentralized exchange on Optimism, is developing one of the most advanced AMMs, Aerodrome. It promises to be a big success thanks to its powerful liquidity incentive engine, voting management model and user-friendly user experience.

But ,at first Base MEME, BRETT just made it! After Bitget's BRETT/USDT pair's maintenance,it's🚀🚀