According to AMBCrypto, Aerodrome and Velodrome Finance have merged under Dromos Labs to form Aero, a cross-chain decentralized exchange (DEX) spanning Base and Optimism. Existing Aerodrome holders will receive 94.5% of the new AERO token supply, while Velodrome holders get 5.5%, reflecting the significant difference in total value locked (TVL) between the two protocols. The new platform combines Velodrome V2’s vote-lock governance model with Aerodrome’s optimized emissions engine and will initially operate on Base, Optimism, and the OP Superchain before expanding to Ethereum mainnet.
Aerodrome and Velodrome Merge to Form Cross-Chain DEX 'Aero'
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