Aerodrome

**Mellow Protocol** recently held an **Onchain Capital Summit** featuring insights from the crypto space. - A condensed **20-minute recap** is now available for those who missed the event - The summary is presented by **@wagmialexander** - Content covers key discussions from the summit The recap provides an efficient way to catch up on important developments discussed at the gathering. *Access the summary to stay informed on recent onchain capital trends.*

The **Aerodrome Public Goods Fund** completed another significant buyback, acquiring and max-locking **801,000 AERO tokens** on December 3rd. This latest acquisition is part of Aerodrome's **programmatic market-aware buyback model**, designed to systematically remove tokens from circulation. **Key Numbers:** - 801K AERO acquired and max-locked in latest buyback - Over **150M AERO** total acquired and locked to date - Multiple acquisition channels: PGF, Flight School, and Relay The buyback follows a pattern of regular token acquisitions, with a previous 609K AERO buyback completed in late November that contributed to over 3M tokens bought back that month. *Max-locking* means these tokens are locked for the maximum duration, removing them from active circulation and potentially affecting token supply dynamics.

**Aerodrome Finance** is collaborating with cybersecurity teams to restore their primary domain following a security incident. **Key Updates:** - Primary domain expected to be live again by **end of week** - Decentralized domains remain **stable and secure** during downtime - Team working closely with leading cybersecurity professionals **Previous Context:** This follows a **social engineering attack** on their domain provider that occurred in late 2023, from which they successfully recovered control. **Current Status:** While the primary domain restoration is in progress, users can continue accessing services through the platform's decentralized domain infrastructure, which has maintained stability throughout the incident.

**Aerodrome Finance** announces new liquidity provider rewards on Base network with significant APY rates across multiple trading pairs. **Top performing pairs:** - WETH-cbETH: ~2,091% APY - USDC-ZORA: ~937% APY - USDC-WETH: ~388% APY - wstETH-AERO: ~358% APY - WETH-cbBTC: ~257% APY - USDC-cbBTC: ~145% APY The rewards are part of Aerodrome's **Slipstream program**, which incentivizes liquidity provision on the Base-native AMM protocol. *Ready to provide liquidity and earn rewards on Base's central hub.*

Velodrome and Aerodrome are consolidating their Reddit communities into a single unified space as they prepare for the upcoming **Aero** launch. The unofficial subreddit has been **retired** to streamline community engagement and create a centralized hub for both protocols. - New official community: [r/aero](https://www.reddit.com/r/aero/) - Combines discussions for both Velodrome & Aerodrome - Preparation for anticipated Aero protocol integration This move signals closer alignment between the two AMM protocols as they work toward their shared future under the Aero umbrella.

**Anichess Game's $CHECK token launches on Aerodrome Finance** with veAERO voters getting first access to claim and stake tokens. **Key details:** - $CHECK goes live within one hour of announcement - veAERO voters can claim tokens and earn $AERO emissions - 4% of total $CHECK supply deposited as USDC/CHECK pool incentives - Anichess provided voluntary disclosure covering tokenomics and launch mechanics **Market expectations:** - Initial volatility expected as markets stabilize - Novel token launch approach may require time to find equilibrium This follows Aerodrome's **Aero Ignition** program, which provides a transparent framework for new token launches on the platform.

**Aerodrome Finance launches Aero Ignition** with extraordinary liquidity provider rewards for the $WETH-$LITKEY pool. **Reward rates by price range:** - 4% range: ~231,954% APR - 10% range: ~92,781% APR - 20% range: ~44,181% APR - Full range: ~104% APR The platform positions this as **"a new era for token launches"** on Base's central liquidity hub. *These rates reflect Aerodrome's liquidity incentive engine designed to bootstrap new token pairs with concentrated rewards for narrow price ranges.*

**Aerodrome's Public Goods Fund introduces automated buyback strategy** The PGF has launched a programmatic buyback model that adjusts token purchases based on market conditions. This approach concentrates resources during optimal buying opportunities rather than fixed schedules. **Key features:** - Market-responsive deployment strategy - All acquired tokens are locked as veAERO - Increases PGF's long-term voting power - First buyback completed: $400k worth of AERO tokens **Strategic impact** The locked tokens compound the PGF's governance influence while supporting Base ecosystem growth. Since launch, the PGF has bootstrapped critical liquidity pools and maintained 1.5M AERO in locked positions. This systematic approach replaces ad-hoc buybacks with data-driven timing, potentially maximizing the fund's token accumulation efficiency.

**Aerodrome Finance reached a major milestone** as swap fees hit $150M for the year during epoch 109. **Key metrics from the latest epoch:** - $4.7B+ in total trading volume - $3.8M+ distributed in voting rewards - $3.8M+ generated in swap fees - **50%+ market share** of all DEX volume on Base The numbers demonstrate Aerodrome's **dominant position** as Base's primary liquidity hub. The protocol continues to process significant trading activity while distributing substantial rewards to participants. **Strong performance** compared to previous epochs shows consistent growth in both volume and fee generation across the Base ecosystem.

Base network achieves significant performance improvement, now operating 10x faster through recent upgrades. Aerodrome continues to demonstrate market leadership with: - Highest revenue-generating DEX in DeFi - Maintains #1 position for both ETH and ADA liquidity pools onchain - Successfully integrated with Base platform - Focused on optimizing revenue while managing emissions New tokens added to the ecosystem: - $R1 - $TLOS - DIMO *Performance metrics and market positions verified through onchain data.*