Degen

New Project Launch 🛫

We are thrilled to announce the launch of a DEGEN-WETH pool. This enables contributions towards voting incentives and liquidity, offering the @farcaster community an opportunity to support a homegrown project. 

Emissions begin 0:00 UTC this Thursday 🤝

Since many have been asking about here's a TLDR of the @aerodrome model and how it will benefit the /degen community

The central trading and liquidity marketplace on BASE

https://aerodrome.finance

Liquidity Providers receive AERO emissions

Voters (veAERO holders) receive fees & incentives for the pools they vote on
- these rewards for voters tend to generate 3-4X the value to LPs i.e. for every $1 in rewards for voters of the DEGEN pool $3-4 worth of AERO emissions get distributed to LPs

veAERO = locked AERO

Thanks for the write up, I already aped in to the $DEGEN/weth pool because, well, I'm a Degen 😁 Still trying to understand the AERO tokens though. so veAERO is locked AERO. Is there any benefit to locking the AERO I receive from the LP past the voting rights?

NFT enjoyooor, crypto student, $DEGEN🎩, intergalactic blockchain explorer. I'm not a moon boi, I'm a space man✨ 👨‍🚀✨ /memestoanend

Yes! You get 100% of fees generated by the pool you vote on as well as any incentives e.g there were DEGEN incentives this past week. Proportional to votepower of course!