Aerodrome Finance, a prominent automated market maker (AMM) and liquidity platform on Base, has made an exciting announcement regarding its recent achievement. In Epoch 45, Aerodrome experienced the second-highest volume ever, reaching nearly $1.66 billion, driven by Slipstream. The $WETH-$USDC pool emerged as the leader in on-chain activity during this epoch, showcasing the platform’s growing influence in the industry.
The platform took to its official social media account on X to reveal this development, highlighting how veAERO token holders who participated in Aerodrome’s decisions received rewards totaling $2.95 million. Notably, the average annual percentage rate for the voting process stood at an impressive 41.98% APR. Aerodrome also introduced its first proposal, encouraging community members to vote and have their say in crucial decisions.
The proposed changes focus on vesting schedules and token unlocks, which are influenced by market price fluctuations. Aerodrome encourages active community participation in the voting process to shape these important decisions. The platform has initiated the first phase of rewards distribution, with price fluctuations being a key driver in this phase.
This proactive approach demonstrates Aerodrome’s agility in responding to market dynamics while emphasizing its commitment to community-driven and transparent governance. Market participants are now able to claim their rewards, further solidifying the platform’s dedication to rewarding community loyalty and engagement.
Aerodrome is teasing exciting opportunities on the horizon for community members, hinting at significant upcoming developments. To take advantage of these opportunities, interested individuals must register within the next twelve hours to qualify for Early Adopter Rewards. This initiative underscores Aerodrome’s commitment to fostering community involvement and providing value to its users.
