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Imagine money as an ice cube in the scorching sun of time. For centuries, we've watched it melt away, drip by drip, year after year. But what if we could change its very nature? What if we could make it as enduring as diamonds, as reliable as the sunrise? Let's travel through time, following the journey of three coins: 1849: In the dust-filled saloons of California, a gold miner trades his hard-earned nuggets for paper promises. Like autumn leaves carried east by the wind, these bank notes fl...
BeyondDeFIFinancial systems are crumbling.
America built the world's greatest financial innovation machine. Now DeFi is taking it global.
BeyondDeFITrader's Guide: Maximizing XP in Avantis End Game
What Is XP Leagues Season 2?The END GAME is the high-octane finale of Avantis XP Leagues Season 2 - a 5-week trading competition where smart traders can rack up massive XP rewards without necessarily blowing up their accounts. This isn't just about trading volume; it's about strategic positioning to climb the league ranks while protecting your capital. Each week, you'll start fresh in Bronze league with the goal of climbing to Diamond. The higher you climb, the bigger your slice of the XP pie...
BeyondDeFIA Future Without Inflation: When Money Stops Melting
Imagine money as an ice cube in the scorching sun of time. For centuries, we've watched it melt away, drip by drip, year after year. But what if we could change its very nature? What if we could make it as enduring as diamonds, as reliable as the sunrise? Let's travel through time, following the journey of three coins: 1849: In the dust-filled saloons of California, a gold miner trades his hard-earned nuggets for paper promises. Like autumn leaves carried east by the wind, these bank notes fl...
BeyondDeFIFinancial systems are crumbling.
America built the world's greatest financial innovation machine. Now DeFi is taking it global.
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Aerodrome is a MetaDEX, merging Curve, Convex, and Uniswap into a single protocol designed to be the primary trading and liquidity hub of the Base ecosystem.
It enables users to
(1) Swap between tokens on base
(2) Provide liquidity to token pools on Aerodrome to earn yield
(3) Participate in governance to manage yield and earn rewards.
They do all of this by integrating 4 important technologies together.
AMMs: Uniswap v2 like vAMM, Curve sAMM, Uniswap V3 like clAMM
Liquid Locks: veAERO is tradable without a derivative token
Auto-Voting: Relay offers a Votium-style auto-voter and compounder.
Rewards: veAERO voters earn 100% of staked platform rewards.
It inherits most of it’s product architecture from it’s Optimism counterpart Velodrome.
In the last 10 months, Aerodrome has surpassed all competition and bolstered it’s position at the top of the Base Ecosystem with $7.8B of volume transacted & over $80M daily volume.
What attracts users to Aerodrome are the high emissions (in $AERO) which would decrease with time & ultimately mean price of $AERO would go up - hence, people are hedging their bets all on it. Also, being the top dApp on Base helps it’s case hugely.
Base has a lot of of active users. On an average about 700K active wallets daily.
This opens up opportunity for any innovative dapps to come on & get users.
one such has been - Aerodrome.
It’s a DEX where users can swap between tokens on base. it’s mainly used amongst degens to provide liquidity & earn a hefty yield.
It’s common to earn between 30% to 1500% APR on your position.
This is how Aerodrome achieves it:
each week Aerodrome distributes $AERO. It started off at 500M tokens and keeps decreasing by 1% every week. Currently at 10.3M tokens.
users can lock their $AERO to gain voting power (veAERO) & decide which token pools the $AERO gets distributed in.
once voted, based on the number of votes APR is calculated & folks like me and you can supply liquidity & earn yield.
What’s in it for veAERO holders?
they earn fees, bribes from LPers & rebase APR to compensate for locked $AERO’s change in price.
bribes exist to persuade voters to vote for a particular pool that benefits them.
Aerodrome is an interesting flywheel with sound protocol design. It’s a mash of Curve, Convex & Uniswap in one simple protocol.
Here’s what I dislike about it:
UX: Even though it tops the charts volume wise, the dapp is very tough to navigate. I’d rate it a 2/5.
Docs: For someone that loves skimming through docs, it was disappointing to see how there are no specifications about working in the docs.
LP optimised features: features like 1 token LP, auto rebalance, compound yield would increase LPers.
Aerodrome is a MetaDEX, merging Curve, Convex, and Uniswap into a single protocol designed to be the primary trading and liquidity hub of the Base ecosystem.
It enables users to
(1) Swap between tokens on base
(2) Provide liquidity to token pools on Aerodrome to earn yield
(3) Participate in governance to manage yield and earn rewards.
They do all of this by integrating 4 important technologies together.
AMMs: Uniswap v2 like vAMM, Curve sAMM, Uniswap V3 like clAMM
Liquid Locks: veAERO is tradable without a derivative token
Auto-Voting: Relay offers a Votium-style auto-voter and compounder.
Rewards: veAERO voters earn 100% of staked platform rewards.
It inherits most of it’s product architecture from it’s Optimism counterpart Velodrome.
In the last 10 months, Aerodrome has surpassed all competition and bolstered it’s position at the top of the Base Ecosystem with $7.8B of volume transacted & over $80M daily volume.
What attracts users to Aerodrome are the high emissions (in $AERO) which would decrease with time & ultimately mean price of $AERO would go up - hence, people are hedging their bets all on it. Also, being the top dApp on Base helps it’s case hugely.
Base has a lot of of active users. On an average about 700K active wallets daily.
This opens up opportunity for any innovative dapps to come on & get users.
one such has been - Aerodrome.
It’s a DEX where users can swap between tokens on base. it’s mainly used amongst degens to provide liquidity & earn a hefty yield.
It’s common to earn between 30% to 1500% APR on your position.
This is how Aerodrome achieves it:
each week Aerodrome distributes $AERO. It started off at 500M tokens and keeps decreasing by 1% every week. Currently at 10.3M tokens.
users can lock their $AERO to gain voting power (veAERO) & decide which token pools the $AERO gets distributed in.
once voted, based on the number of votes APR is calculated & folks like me and you can supply liquidity & earn yield.
What’s in it for veAERO holders?
they earn fees, bribes from LPers & rebase APR to compensate for locked $AERO’s change in price.
bribes exist to persuade voters to vote for a particular pool that benefits them.
Aerodrome is an interesting flywheel with sound protocol design. It’s a mash of Curve, Convex & Uniswap in one simple protocol.
Here’s what I dislike about it:
UX: Even though it tops the charts volume wise, the dapp is very tough to navigate. I’d rate it a 2/5.
Docs: For someone that loves skimming through docs, it was disappointing to see how there are no specifications about working in the docs.
LP optimised features: features like 1 token LP, auto rebalance, compound yield would increase LPers.
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