# $AUGU AIrdrop on BASE

By [Crypto Raketeros](https://paragraph.com/@cryptocoinpurse) · 2023-09-12

---

**_Augusta Finance allocated 3%(3,000,000) of their token allotment for community airdrop. Their maximum supply is 100 million They are intending to launch on BASE via Aerodrome. Lets have a look what this project all about and how to get in._**

**Velodrome Finance and veVELO NFT Rewards:**

*   Velodrome Finance is a decentralized exchange and liquidity hub on Optimism that incentivizes liquidity provision through veVELO NFT rewards.
    
*   veVELO holders can earn fees, receive rebase rewards, and participate in governance by locking up their veVELO for two years.
    
    **Augusta Finance: Solving Liquidity Issues:**
    
*   Augusta Finance provides a liquidity solution for veVELO NFT holders in the Velodrome ecosystem.
    
*   veVELO holders can collateralize their NFTs to take out ETH loans on Augusta, allowing them to access liquidity without selling their veVELO.
    
    **Win-Win Loop for Velodrome Users with Augusta:**
    
*   Augusta’s collateralized lending allows veVELO NFT holders to gain liquidity while still receiving veVELO rewards and governance rights.
    
*   Users can collateralize their veVELO NFTs on Augusta to engage in Velodrome governance and earn rewards.
    
*   AUGU token holders also benefit from platform governance and profit allocation from veVELO rewards.
    
    **To Join the $AUGU Airdrop**
    
*   First join 👾 Discord: [https://discord.com/invite/augustafi](https://mee6.xyz/en/i/WyQqpqbO1M)
    
*   Complete the task here:
    
    [https://zealy.io/c/augustafinancedefi/invite/XFfinz1el0kLjcypPba41](https://zealy.io/c/augustafinancedefi/invite/XFfinz1el0kLjcypPba41)
    
    **Follow Their Socials for Updates**
    

⛳️ 🌐 Website: [https://www.augusta.finance/](https://www.augusta.finance/)

🐦 Twitter: [https://twitter.com/Augusta\_finance](https://twitter.com/Augusta_finance)

📗 Docs: [https://augusta-finance.gitbook.io/augusta-finance/about/introducing-augusta](https://augusta-finance.gitbook.io/augusta-finance/about/introducing-augusta)

---

*Originally published on [Crypto Raketeros](https://paragraph.com/@cryptocoinpurse/augu-airdrop-on-base)*