TREE NEWS update: Aero published token conversion terms for the Aerodrome-Velodrome merger, which begins Oct. 21 at 8 p.m. ET, when emissions on both legacy platforms stop. Existing AERO converts 1:1 to new AERO, while each VELO converts to about 0.044 AERO, applying to both circulating and locked tokens. Aerodrome holders get 94.5% of the new supply and Velodrome holders 5.5%; conversions are not automatic and self-custody assets must use the upgrade portal.
Aerodrome-Velodrome Merger Token Swap Starts Oct 21
AI take
The 1:1 treatment for AERO versus the heavily discounted VELO ratio makes the supply split the real story: Aerodrome holders emerge with the overwhelming majority of the merged token, formalizing which side of the pair carries the weight. Because conversions are opt-in and locked positions are included, the operational risk sits with holders who must act through the upgrade portal rather than with the protocol itself. The open question is how quickly self-custody participants convert, and whether any meaningful supply stays stranded on the legacy chains after emissions halt.
Generated by AI for reference only.
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