Aerodrome Finance, featuring its AERO token, is an Automated Market Maker and key liquidity hub for Base, an Ethereum layer-2 solution. It's a fork of Velodrome from Optimism, integrating Velodrome V2 advancements. The platform boasts a liquidity incentive engine, a vote-lock governance with NFTs, and a focus on user-friendliness. Central to its role, Aerodrome facilitates transactions and liquidity in the ecosystem. NFT holders can influence token emissions and gain from protocol-generated incentives and fees. It offers low-fee, low-slippage token swapping. The Total Value Locked indicator, showing funds in its smart contracts, is crucial for assessing the ecosystem's health.
