Aero Momentum Fund Completes First Buyback, Burning 174K AERO Worth $122K
- —174K AERO burned, worth roughly $122K, in the fund's first buyback
- —Fund targets key liquidity pools, AERO buybacks and sAERO staking rewards
- —Predecessor programs bought or locked ~110M AERO, about 11% of supply
- —Aero is the merged Aerodrome-Velodrome exchange across seven chains
Why it matters: The burn trims AERO supply, though the amount is small next to the 110M tokens already bought back by earlier programs.
Source: Cryptonews.net