Aerodrome Finance Secures 650K OP Grant for Base Growth
Aerodrome Finance Secures 650K OP Grant for Base Growth
🛩️ Base Gets an OP Boost
Aerodrome Finance has obtained a 650,000 $OP grant in Q1 to boost Total Value Locked (TVL) on Base network. This marks the first implementation of $OP incentives on the platform.
The protocol currently:
- Manages $1.3B in TVL
- Represents ~50% of Base's total liquidity
- Maintains highest volume trading pools for ETH, BTC, USDC, and EURC
This strategic move aims to further cement Aerodrome's position as Base's primary liquidity hub.
Aerodrome LP Rewards Update
Aerodrome's latest Slipstream LP rewards show significant yields across multiple trading pairs. Top performers include: - WETH-B3 pool reaching ~1,873% APR - MAMO-cbBTC offering ~755% APR - WETH-HYPER providing ~562% APR - WETH-CLANKER at ~553% APR - USDC-ZORA yielding ~494% APR These incentivized pools aim to enhance liquidity depth and execution quality on Base. This follows Aerodrome's recent milestone of becoming the #1 ETH-USD pool across all chains, including Mainnet, with 100 billion in ETH volume over the past year.
Jackal Protocol Launches on Aerodrome with JKL-WETH Pair
Jackal Protocol has launched its $JKL token on Aerodrome Finance, establishing a trading pair with $WETH. The protocol positions itself as a trustless data layer solution. Key points: - Trading and liquidity provision now available for JKL-WETH pair - Protocol incentives are active - Token emissions program scheduled to begin soon This launch follows Aerodrome's recent integration of other protocols, including Keeta Network's $KTA token.
Flight School Lock Bonus Program - Class 23
Aerodrome Finance is offering a 138% bonus for new veAERO locks in their Flight School program. Here's what you need to know: - Lock minimum 2500 veAERO tokens - Receive bonus veAERO via airdrop - Participate in epoch voting to earn Total Rewards Class 23 deadline: June 4th, 2023 at 23:59:00 *Previous classes offered similar bonuses, with Class 22 concluding on May 7th.*
ALM V2 on Aerodrome: A Deep Dive into Automated Liquidity Management
Automated Liquidity Managers (ALMs) are showing significant differences in their approaches and outcomes. While some focus on sustainable long-term strategies for LPs, others prioritize short-term gains without considering potential risks. Key points about ALM V2 on Aerodrome: - Enhanced security features - Streamlined reward distribution - Dynamic parameter adjustment - Focus on long-term LP sustainability The platform aims to optimize liquidity management while maintaining a balance between yield generation and risk mitigation.
BOLD Token Now Trading on Aerodrome
**BOLD**, the token from Liquity Protocol, has launched trading and liquidity provision on Aerodrome. Trading pairs include: - BOLD-USDC - BOLD-LUSD - BOLD-POOL Liquidity providers can now participate in active incentive programs, with token emissions flowing to participants. The launch expands BOLD's accessibility and trading options on the Base network.