Aerodrome Finance: everything you need to know about AERO
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Aerodrome Finance facts
Abbreviation
AERO
Category
Decentralized Exchange (DEX)
Founder(s)
Alexander Cutler, team behind Velodrome Finance
Blockchain
Basis
Protocol
veToken model
Launch date
August 2023
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What is Aerodrome Finance?
Aerodrome Finance (AERO) is a decentralized trading platform (DEX) and liquidity hub for the Base blockchain. The protocol focuses on efficient liquidity management and reward structures for users providing liquidity.
How does Aerodrome Finance work?
Aerodrome Finance uses a veToken model, where users can stake their tokens in exchange for voting rights and rewards. This incentivizes users to contribute to the liquidity of the platform. The DEX supports low-cost swaps and efficient liquidity provision within the Base ecosystem.
The ATH token
The AERO token is used for governance and staking.
The technology behind Aerodrome Finance is...
Aerodrome Finance is built on the Base blockchain, a Layer 2 solution developed to make Ethereum transactions more efficient and cost-effective. The protocol utilizes optimized liquidity pools and incentives to make liquidity provision attractive.
The Aerodrome Finance ecosystem.
The ecosystem of Aerodrome Finance comprises liquidity providers, stakers, and traders who utilize the platform to trade and generate returns. Through the veToken model, users are rewarded for active participation and long-term engagement.
€0.7518▲1.12%
Benefits of Aerodrome Finance
- Low transaction fees thanks to the Base blockchain
- Strong liquidity incentives through the veToken model.
- Efficient liquidity pools for trading and staking.
Disadvantages of Aerodrome Finance:
- Depending on the adoption of the Base blockchain.
- Governance can become concentrated among large token holders.
- Possible liquidity risks within the DEX market
Who is the founder of Aerodrome Finance?
Aerodrome Finance was co-founded by Alexander Cutler, an important developer within the Base ecosystem.
Expectations for the upcoming period
Experts anticipate a minimum price of €2.3100 in 2027 and a minimum price of €7.6400 in 2032.
Aerodrome Finance price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.7262
€0.8251
€0.7099
Market information
Use these figures to get a better picture of the Aerodrome Finance market.
€45.6 million
€563.4 million
779.4 million
€2.2100
Aerodrome Finance Return On Investment
See how much the price has risen or fallen over the years.
Historical Aerodrome Finance price
Here you can see Aerodrome Finance's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Most popular crypto currencies today
Frequently asked questions
Aerodrome Finance doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Aerodrome Finance is €0.7518.
You can easily buy Aerodrome Finance on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Aerodrome Finance and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of AERO is expected to continue rising steadily in the coming years. For instance, the price of Aerodrome Finance is predicted to reach €1.9800.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in AERO. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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