Aerodrome, the main hub for trading and liquidity on the Base blockchain, is experiencing a significant increase in trading volume, especially in its Slipstream pools. The total trading volume of Slipstream is on the rise, now accounting for 64% of the volume across similar pools, surpassing competitors like Uniswap V3.
Base’s Commitment to Innovation without New Network Tokens
Base is dedicated to bringing the world onto the blockchain to create a new economy based on innovation, creativity, and freedom. Unlike many other blockchain networks, Base has made it clear that it will not introduce a new network token. This decision demonstrates Base’s focus on utilizing existing token structures and avoiding the creation of new tokens while emphasizing the functions and uses of the blockchain.
In addition to its sleek design and efficient interface, Aerodrome has taken a unique approach to fee distribution. VeAERO voters, who have voting rights in the Aerodrome ecosystem, receive 100% of the trading fee volumes on the platform. This model not only incentivizes the right individuals to contribute to the platform’s growth within the community, but also ensures that the direct benefits are shared among active participants.
Aerodrome Sets DeFi Trends with Slipstream Pool Control
Aerodrome’s dominance over most of Slipstream’s pools reflects its position as the top choice for traders and liquidity providers, attributed to factors such as the efficient fee distribution for veAERO voters and the robust Base blockchain.
For cryptocurrency investors and market participants, these developments are crucial to monitor. The increasing dominance of Aerodrome not only indicates the platform’s performance but also signals trends within the DeFi sphere.
Finally, Base is actively developing and introducing new products while optimizing its platform without issuing new network tokens. The Base ecosystem is proving that decentralized finance and blockchain technology can expand access to capital and create a more global economy.
