| General information | |
|---|---|
| Global rank: | 4947 |
| Name: |
Aerovek Aviation |
| Symbol: | AERO |
| Current coin price (ETB): | 0.870 Br |
| Last hour: | arrow_upward0.880 % |
| Last 24 hours: | arrow_upward10.79 % |
| Last 7 days: | -12.76 %trending_down |
| Capitalisation (ETB): | 0.000000 Br |
| Volume 24h (ETB): | 629 626.32 Br |
| Available supply: | 0.000000 AERO |
| Total coin supply: | -1 AERO |
| Start date: | 2023-08-28 |
Aerovek Aviation/Ethiopian Birr (AERO/ETB) price chart
Aerovek Aviation/Ethiopian Birr (AERO/ETB) capitalisation and volume charts
Aerodrome Finance, identified by its native token AERO, is an Automated Market Maker (AMM) that serves as the principal liquidity centre for Base, an Ethereum layer-2 scaling solution. The platform features a liquidity incentive engine, a vote-lock governance structure, and is crafted to provide a user-friendly experience. It has been developed as a branch of Velodrome, a trading and liquidity marketplace on Optimism, another Ethereum layer-2 scaling solution, and incorporates improvements from Velodrome V2.
Aerodrome Finance is integral to its ecosystem, functioning as a trading and liquidity marketplace on Base, where it facilitates transactions and boosts liquidity. The platform utilises non-fungible tokens for governance, allowing NFT holders to participate in decisions regarding token emissions and to benefit from incentives and fees generated by the protocol. It also provides token swapping services, aiming to keep fees low and minimise slippage. A vital aspect of the platform is the Total Value Locked indicator, which represents the capital stored in its smart contracts, acting as a barometer for the ecosystem's health and strength.