Rewards Hub Animoca Brands has announced a strategic investment in AERO, converting its holdings into veAERO to bolster the decentralized exchange platform AerodromeFi. AerodromeFi, which commands over 50% of the Base Chain DEX's total value locked (TVL), utilizes a ve mechanism to distribute transaction fees and token incentives, alongside a voting-driven liquidity allocation system. The platform's AERO Ignition project launch further strengthens its liquidity position within the Base ecosystem. Animoca Brands expressed confidence in AerodromeFi's sustainable token economics and execution capabilities.
Animoca Brands Invests in AERO, Locks Holdings as veAERO
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