Aerodrome, a popular blockchain marketplace operating on Base, has made an exciting announcement regarding an exclusive development. The platform is offering “Unrivaled Rewards” as a significant incentive to encourage veAERO Voters to contribute further to the firm. This news was revealed on the official Aerodrome account on the social media forum X.
The latest X post from Aerodrome unveils the distribution of these rewards, which amount to an impressive $86.1 million. This substantial sum has been distributed since the platform’s launch, and the company hopes that it will encourage increased participation.
Aerodrome functions as a decentralized exchange on Base, providing users with liquidity to meet their needs. This is made possible through the use of automated market-making technology and token swaps. The platform has now revealed that the rewards offered to veAERO voters include both incentives and fees, with an average Voting APR of 54.66%.