Aerodrome Finance is a decentralized exchange (DEX) and Automated Market Maker (AMM) built on the Base blockchain. It aims to serve as the central liquidity hub for the network.
The platform leverages a vote-lock governance model and a liquidity incentive engine to enable efficient token swaps and attract liquidity. Essentially, it provides a space for users to trade cryptocurrencies without the need for traditional intermediaries, while also allowing them to earn rewards for providing liquidity.
Aerodrome allows users to swap tokens easily, with low fees and minimal slippage. This makes it a top choice for traders who want efficiency and reliability. Users who hold AERO tokens can lock them up to get veAERO NFTs. These NFTs give holders the power to vote on how to distribute emissions and receive a share of trading fees and other rewards. This governance model encourages a decentralized way to manage liquidity incentives..
AERO is the native token of Aerodrome Finance. It is primarily distributed to liquidity providers as emissions for contributing to the platform's liquidity pools. Liquidity providers deposit trading tokens and receive AERO emissions as rewards. These emissions incentivize liquidity providers to contribute to the platform's growth.