AerodromeAerodrome PGF executes 171K AERO buyback, ~200M total locked
The Aerodrome Protocol Growth Fund (PGF) executed a 171K $AERO buyback, acquiring and max-locking the tokens as part of its market-aware buyback program. The model uses a rules-based approach, scaling deployment based on market conditions and concentrating resources when it matters most.
- Cumulatively, roughly 200M $AERO has now been bought back and locked through the PGF, Flight School, Relay, and related efforts.
- The recurring buybacks reflect Aerodrome's ongoing capital-return program for AERO holders.
Sources
- 171K AERO Buyback ✈️ The Aerodrome PGF has acquired and max-locked 171K $AERO as part of its market-aware buybacks. The buyback model employs a rules-based approach, scaling deployment based on market conditions and concentrating resources when it matters most. https://t.co/Ok8X9D37z4x.com ↗
- 281K AERO Buyback ✈️ The Aerodrome PGF has just executed a 281K $AERO buyback, leveraging its market-aware strategy. To date, nearly 200M $AERO has been bought back and locked via the PGF, Flight School, Relay and other efforts. https://t.co/efmnj4SSxPx.com ↗
Aerodrome
Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.
