The biggest merger in DeFi history goes live at 8 a.m. today: Aerodrome and Velodrome are joining forces as Aero, launching across 7 chains all at once. The founder calls it “the most aggressive DEX OS in history”—and says it will capture 17% of EVM spot trading volume.
But hold off on the applause—the holders of VELO get just 5.5% of the new tokens, at a rate of 1 VELO for 0.044 $AERO . And the swap isn’t automatic: if you self-custody, you’ll have to manually upgrade through the official portal. One wrong move, and there’s no going back. Binance went even further: the VELO/USDT trading pair will be delisted on November 3.
So is this a case of 1+1>2, bringing two powerhouses together, or is Velodrome being absorbed under the guise of a “merger”? The debate is open in the comments: A, a merger that creates a true giant; B, VELO holders got dumped on. Sound off!
$BTC $ETH
But hold off on the applause—the holders of VELO get just 5.5% of the new tokens, at a rate of 1 VELO for 0.044 $AERO . And the swap isn’t automatic: if you self-custody, you’ll have to manually upgrade through the official portal. One wrong move, and there’s no going back. Binance went even further: the VELO/USDT trading pair will be delisted on November 3.
So is this a case of 1+1>2, bringing two powerhouses together, or is Velodrome being absorbed under the guise of a “merger”? The debate is open in the comments: A, a merger that creates a true giant; B, VELO holders got dumped on. Sound off!
$BTC $ETH