# Aero FAQ

> What you need to know about the coming upgrade and migration.

**Published by:** [Aerodrome Foundation](https://paragraph.com/@aerodrome-foundation/)
**Published on:** 2025-11-25
**URL:** https://paragraph.com/@aerodrome-foundation/aero-faq

## Content

On November 12th, we announced that Velodrome and Aerodrome will soon upgrade into Aero. Below you will find answers to FAQs. You can also watch the full announcement replay on YouTube.1. What is Aero?Aero is a forthcoming unified liquidity layer built on the MetaDEX03 operating system from Dromos Labs. It will coordinate a cross-chain liquidity network, providing an efficient and streamlined way for users to trade, earn, and launch tokens across the onchain economy.Aero will provide three core functions:TradeSwap tokens across the multi-chain ecosystem. Aero will automatically route trades through the deepest, most efficient Slipstream V3 liquidity on any connected chain.EarnEarn AERO rewards by providing liquidity, or earn voting rewards as a token operator (veAERO voter). Aero will include Autopilot, a suite of automation tools designed to make participation simple.LaunchBootstrap and scale liquidity for new or existing token projects. Builders and token issuers will be able to create markets using Aero Launch, Aero Ignition, or Aero Verified, each designed for different project stages and needs.How does Aero bring Velodrome and Aerodrome together?Aero will unify Aerodrome and Velodrome to deliver a cohesive, cross-chain MetaDEX experience:One liquidity layer across chainsA single token that concentrates value capture and coordination: AEROUnified governance and economics through veAEROSeamless cross-chain routing powered by MetaswapsExpanded value streams through the REV EngineTargeted, dynamic emissions via the Adaptive Emissions Rate (AER) EngineA next-generation AMM design with Slipstream V3Advanced automation and simplified participation through AutopilotWhat does it mean that VELO and AERO will upgrade into AERO?VELO and AERO tokens will both upgrade into a single AERO token as part of the migration. The unified AERO token will coordinate value, governance, and liquidity across the entire network. The distribution reflects the actual economic output generated by the two protocols over the 52 week-long epochs leading up to the 11/12 announcement:Aerodrome generated $260MVelodrome generated $15MCombined total: $275MResulting allocation:94.5% to AERO and veAERO (Aerodrome) holders5.5% to VELO and veVELO (Velodrome) holdersThis is a transparent, data-driven split based solely on real revenue produced. Holders will maintain the same proportional claim they have today, but within a potentially larger, unified economy.How will the migration work?Aero plans to introduce dedicated, easy-to-use migration tools enabling:Liquidity providers to migrate existing depositsToken issuers to migrate their poolsveAERO and veVELO holders to migrate their locksSpecific exchanges are expected to manage the migration for their users. However, the specific timing and operational steps are determined by each exchange individually, so users should rely on their exchange’s official updates. The goal is to make the transition fast, predictable, and seamless for every participant in the ecosystem. Complete documentation will be provided closer to the launch date.What chains will Aero support?Aero will be infinitely scalable and capable of deploying to any chain in the Ethereum/EVM ecosystem. Currently planned chains include:Base (hub of the network)Ethereum MainnetOP MainnetArcSyndicateCeloInkSoneiumUnichainLiskSuperseedModeMetal L2SwellchainFraxtalTeaWhat tech features will power Aero?Aero will be built on the full MetaDEX03 stack:Slipstream V3Capital-efficient AMMInternalized MEV auctionDynamic, adaptive feesVerified institutional poolsOnchain Order Flow PaymentsMetaswapsSeamless cross-chain tradingSelf-paying swapsMEV-protected private executionNative Slipstream liquidityMetalaneVendor-neutral generic messagingInterop-abstracted lightweight layerInternalized interop transport costsAutopilotAutomated LP strategiesAutomated voting, claiming, compounding for veAEROOne-click optimized liquidity provisioningHow will rewards work?With MetaDEX03, emissions will be truly dynamic. The AER (Adaptive Emissions Rate) Engine will help ensure that only the emissions required to support healthy liquidity are released.AER Engine will dynamically calibrate rewards at the pool level, ensuring:No unnecessary overpayment for liquidityEmissions stay competitive where liquidity is most valuableThe system grows efficiently alongside market conditionsRewards rates surge during times of increased trading activity This will create a far more precise and optimized model than traditional DEX emissions models.REV Engine: Expanding Value StreamsIn parallel, the REV Engine will expand Aero’s ability to generate and internalize new sources of revenue, value that will flow to the AERO token and support liquidity providers without increasing inflation. At launch, Aero will be able to route value from multiple new verticals, like:Applicable front-end swap feesInternal MEV auctions in Slipstream V3Cross-chain gas paymentsLiquidity automationAuto-compounding servicesveNFT marketplace activityThese verticals represent over $2B in annual fees across the industry today. Aero plans to integrate these services directly, using them to strengthen token economics while keeping fees among the lowest in the industry. The combination of AER + REV means:More value in (REV)Less emissions out (AER)Stronger economics for LPs and token holdersWhat is the Momentum Fund?The Momentum Fund will be the Aero Foundation’s flagship capital allocation program. It applies lessons from the Public Goods Fund (PGF) and Flight School into one unified initiative for maximizing the impact of veAERO. Resources from the PGF and Flight School will be reallocated to the Momentum Fund program, which will focus on three mandates:GrowSupport strategic pools, bootstrap new assets, and accelerate partner growth across the network.StabilizeUse rewards to buy back AERO, manage supply intelligently, and lock tokens when beneficial to governance.AlignAttract top contributors, such as developers, researchers, and other teams, by offering a short- or long-term share of veAERO's value generation to incentivize them.How will this upgrade benefit users, LPs, builders, and voters?Aero will unlock a unified liquidity layer that benefits everyone:TradersTrade seamlessly across chainsBest-price routing through Slipstream V3No manual bridges, no network switching, no gas seedingLPsMore efficient AMMAuto-rebalancing positions (via Autopilot)An extended library of pools to earn rewards from across ecosystemsBuildersLaunch tokens that are discoverable across chainsBootstrap liquidity with access to incentivesAccess institutional-grade tools (e.g. Verified pools)Simple SDKs for web (TypeScript) and agentic (Python) integrationsToken Operators/veAERO VotersIncreased internalized revenue streams, powered by REV EngineMore strategic and net-lower emissions rate, powered by AER EngineCompetition for dominance across the EVM10. When will migration details be released?Q1 2026.

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