$AERO’s rally is not just another altcoin bounce. The market is starting to price the Oct 21 merger of #Aerodrome and #Velodrome into the new #Aero protocol.
The useful detail is the migration mechanics. Existing $AERO converts 1:1, while each $VELO converts to roughly 0.044 AERO. Legacy emissions stop at launch, and locked veAERO/veVELO positions move into sAERO with their remaining lock time carried over.
But self-custody holders are not converted automatically. They will need to claim rewards and rebases, clear active votes, then use the official upgrade portals.
That makes the next test more than price. Watch whether volume stays elevated as traders digest the new supply split and whether the move holds once migration friction becomes real. A clean transition supports the catalyst; confusion around the portal process could create volatility.
The useful detail is the migration mechanics. Existing $AERO converts 1:1, while each $VELO converts to roughly 0.044 AERO. Legacy emissions stop at launch, and locked veAERO/veVELO positions move into sAERO with their remaining lock time carried over.
But self-custody holders are not converted automatically. They will need to claim rewards and rebases, clear active votes, then use the official upgrade portals.
That makes the next test more than price. Watch whether volume stays elevated as traders digest the new supply split and whether the move holds once migration friction becomes real. A clean transition supports the catalyst; confusion around the portal process could create volatility.