Aerodrome Fanatics Deposit $150M to Base Blockchain on First Day

A key problem faced by decentralized exchanges is that rewards emissions are tied to total liquidity, rather than to trading volume, which generates fees for the protocol. To combat this, products like Aerodrome allow holders of their native token, AERO, to lock their holdings for anywhere between one week to four years – in turn of veAERO, a vested AERO token.