DeFi· ★★★★· neutral·

Aerodrome and Velodrome Merge Into Cross-Chain DEX Aero on Oct. 21

  • —Aero will go live across seven networks: Base, Ethereum, OP Mainnet, Arc, Ink, Robinhood Chain and Arbitrum
  • —Projected new supply is about 2.11 billion AERO, including roughly 116 million for Velodrome holders
  • —veAERO and veVELO become sAERO, replacing weekly voting with real-time reward allocation
  • —Upgrade portals open Oct. 22 at 00:00 UTC; Binance confirmed it will support the swap
Why it matters: The merger consolidates Base and Optimism liquidity into one venue and overhauls emissions allocation at the largest DEX on Coinbase's Base network.
Source: BlockchainReporter