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Ethereum (ETH) Layer 2 (L2) blockchains have exploded in number due to their ability to securely provide faster transactions at lower gas fees. While these L2 networks may have helped Ethereum scale, they remain fragmented ecosystems. Optimism (OP) aims to tie these L2s together as a cohesive system to streamline services across chains for an improved user experience via its Superchain.
Two main chains are critical for the development of Superchain: Optimism itself and Base (BASE). These two L2s require deep liquidity to thrive, especially from decentralized exchanges (DEXs), which are a critical part of their ecosystem. As such, projects such as Velodrome have emerged to serve these L2s and sustain their growth. Velodrome is dedicated to growing Optimism by acting as its central liquidity hub.
Velodrome has partnered with Base and Aerodrome to create Aerodrome Finance, the next central liquidity hub for the Base ecosystem. Let's take a deeper look at Aerodrome and how it will work to generate liquidity for Base.
Key Takeaways:
Aerodrome Finance, the central liquidity hub and marketplace for Base blockchain, is designed to fuel the platform's growth.
Aerodrome is powered by a dual mechanism of AERO and veAERO tokens, which help fuel the platform's self-sustaining liquidity flywheel.