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What is Aerodrome Finance?

Aerodrome Finance is a next-generation AMM designed as Base network's central liquidity hub. It combines a liquidity-incentive engine, vote-lock governance model, and user experience from Velodrome V2.

What problem does Aerodrome Finance solve?

New Base assets need deep liquidity, but attracting liquidity is costly. Aerodrome ties weekly AERO emissions to votes for specific pools, letting voters direct incentives where liquidity is most valuable.

How does Aerodrome Finance work?

Aerodrome pools use constant-product AMM. LPs stake LP tokens in gauges to earn emissions. AERO holders lock tokens for up to four years into veAERO NFTs for voting power. Voters direct emissions and receive fees/bribes.

Key facts

  • Launched: August 28, 2023 on Base
  • AERO is ERC-20; veAERO is ERC-721 NFT
  • Initial supply: 500 million
  • Epochs: 7 days
  • veAERO voters receive fees and bribes

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Frequently asked questions

What is Aerodrome Finance?

A Base-native AMM and liquidity hub with vote-escrow governance.

What is veAERO?

An NFT representing locked AERO governance power, up to four years.

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