Aerodrome, the main marketplace for trading and liquidity on the Base blockchain, is experiencing significant growth in its trading volume, particularly in its Slipstream pools. The total trading volume of Slipstream is on the rise, already accounting for 64% of the volume of similar pools, surpassing prominent rivals such as Uniswap V3.
Aerodrome’s dominance in trading volume is evident as Slipstream now represents 64% of the volume across similar pools, outperforming Uniswap V3.
Base is committed to innovation without introducing new network tokens. The goal is to onboard the world to the blockchain and create a new economy of innovation, creativity, and freedom. Unlike many other blockchain networks, Base has made it clear that it will not release a new network token. This decision demonstrates Base’s focus on utilizing existing token structures and avoiding the generation of new tokens while emphasizing the functions and uses of the blockchain.
In addition to its sleek design and user-friendly interface, Aerodrome has an unconventional approach to fee distribution. VeAERO voters are stakeholders with voting rights in the Aerodrome ecosystem and receive all trading fee volumes on the platform. This model not only incentivizes the right people to contribute to the platform’s growth within the community, but also ensures that the direct benefits of the latter are distributed among active participants.
Aerodrome is setting trends in DeFi with its control of the Slipstream pools, reflecting its dominance over competitors by traders and liquidity providers. This can be attributed to factors such as the ability of veAERO voters to benefit from efficient fee distribution as well as the strong Base blockchain.
For investors and participants in the cryptocurrency market, these developments are significant events to pay attention to. The growing dominance of Aerodrome’s volume not only indicates the platform’s performance, but also suggests trends that can be observed in the DeFi sphere.
Finally, Base is actively developing and creating new products, and optimizing its platform, without issuing new network tokens. Moreover, the Base ecosystem is proving that decentralized finance and blockchain can help expand access to capital and create a more global economy.