Basic Information
| Information | Details |
|---|---|
| Project Name | Aerodrome Finance |
| Project Website | https://www.aerodrome.finance/ Known |
| Project Description | Aerodrome Finance is set to launch on Base with approximately 20 partners, positioning itself as the ecosystem’s premier liquidity engine and hub. Built on the advanced Velodrome v2 technology stack, Aerodrome aims to provide features such as concentrated liquidity, automated voting, and a built-in veNFT Marketplace. |
| Project Ticker | AERO |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | AERO (Governance Token) |
| Total Airdrop Amount | 200 million AERO tokens (40% of the initial supply) |
| Number of Eligible Users | Approximately 3,500 wallets holding over 500 million veVELO are estimated to be eligible, after excluding about 20% (136 million) due to specific criteria. |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | To be taken shortly before the protocol goes live. |
| Claiming Started | Sept 15, 2023 |
| Claiming Ends | Not Known |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
- Minimum veVELO Requirement: Holders must have a minimum of 1,000 veVELO to qualify.
- Exclusions:
- veVELO balances granted at Velodrome’s launch to the team and initial partners are excluded; only new VELO locks from these veNFTs are included.
- veVELO aggregator layers that accepted user deposits of VELO are also excluded.
Note: The snapshot to determine eligibility has not yet been taken and will occur shortly before the protocol goes live.
Important Links
- Official Announcement: Aerodrome: Launch & Tokenomics
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
Additional Information
- Ecosystem Pairs and Public Goods Funding: 25% of Aerodrome’s initial votepower is reserved for Ecosystem Goods. This allocation aims to power liquidity on assets crucial to the ecosystem’s success. Fees earned from these pairs will be used for public goods funding (PGF) and public goods votepower, positioning $AERO as the engine of the ecosystem.
- Team Allocation: Aerodrome contributors will receive veAERO, vested over 2–4 years, aligning their incentives with the long-term health of the protocol and overall ecosystem.
- Protocol Grants: Top protocols engaging positively with the Aerodrome ecosystem may qualify for veAERO voting power grants for the duration of their programs, adding long-term value and attracting new projects.
- AERO Emissions: Emissions will start at 10 million AERO per epoch (week) and follow three phases:
- Take-off: The first 14 epochs will see emissions increase by 3% per epoch, peaking slightly above 15 million AERO.
- Cruise: After epoch 14, emissions will decay at 1% per epoch, ensuring a decrease in supply inflation as the protocol matures.
- Aero FED: When emissions drop below 9 million per epoch (around epoch 67), veAERO voters will control Aerodrome’s monetary policy through the Aero Fed system, with options to adjust emissions rates.