Aerodrome Finance Secures 650K OP Grant for Base Growth
Aerodrome Finance Secures 650K OP Grant for Base Growth
✈️ Base's New Power Move
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 has shown significant growth, reaching $1.3B in TVL and representing approximately 50% of Base's total liquidity.
Key Achievements:
- First-time $OP incentives integration
- Dominant position in Base ecosystem
- Leading liquidity pools for ETH, BTC, USDC, and EURC trading
Universal Asset Launches uHBAR on Aerodrome
Universal.xyz has expanded its asset offerings with the launch of **$uHBAR** on Aerodrome. The new universal asset is now available for: - Trading and providing liquidity - Pairing with $WETH - Earning emissions rewards This launch follows the successful introduction of uIP earlier this year, continuing Universal's expansion of cross-chain assets on Aerodrome's platform. *Liquidity providers can now participate in the new uHBAR pool while earning protocol emissions.* [Trade uHBAR on Aerodrome](https://aerodrome.finance)
PAAL Protocol Migrates Assets to Aerodrome on Base
PAAL Protocol has completed migration of its protocol-owned assets to Aerodrome on Base network. The strategic move allows PAAL to: - Earn rewards on provided liquidity - Contribute to high-volume trading pools - Participate in Aerodrome's staking emissions The migration follows similar moves by other protocols like BRETT, indicating a growing trend of DeFi projects leveraging Aerodrome's liquidity infrastructure on Base. Users can now swap and provide liquidity for $PAAL tokens on Aerodrome's platform.
SoSo Value Crypto Launches on Aerodrome Finance
SoSo Value Crypto has launched its tokens on Aerodrome Finance, marking a new addition to Base's liquidity ecosystem. Key Details: - Two new tokens launched: $SOSO and $USSI - Trading pairs available with $WETH and $USDC - Platform promises to give users a crypto edge over traditional finance - Incentives and emissions program forthcoming This launch follows Aerodrome's recent expansion pattern, similar to the March launch of Universal's $uBERA and $uTAO tokens. Traders can now provide liquidity and participate in the growing Base ecosystem through these new pairs.
Base Network Announces Speed and Cost Improvements
Base, the Coinbase-incubated Layer 2 network, has announced significant performance upgrades and fee reductions. - Transaction speeds are increasing through network optimizations - Gas fees are being reduced further, following previous cost reductions in May 2024 - The improvements are part of Base's Accelerate initiative These updates continue Base's commitment to scaling Ethereum while maintaining accessibility and efficiency. *Note: These changes are scheduled to take effect in April 2025*