Kiringe 🛫

In the last October I predicted the new version of the @AerodromeFi metaDEX 3.0: - Multiple chains + cross chain support via Hyperlane ✅ - New token and cannibalisation of $AERO and $VELO ➕➖ (was not 100% sure in my prediction) - Predictive voting ✅ - New enhanced UX (will see)

No big post on @AerodromeFi today again, enjoy your Sunday! 54% of $AERO is locked into veAERO. The majority of the tokens are not liquid, flywheel flies. The emissions are the lowest ever. Only if crypto market dies will it hurt aerodrome.

The value does not leave the system unlike earlier veDEXes where you have the parasites which suck the value to their own token. In aerodrome we have a very clear economical alignment, there is no communistic boosts for the holders, if anything steals the value from the system, aerodrome absorbs it via the internalisation. I know that the team earns their money from the profit of the whole protocol just as all other sAERO operators, for them the wishy-washy OTC deals do not make sense, they will lose more. The principles matter. The strict profit alignment matters. It is funny that some people doubt about the future of aerodrome on mainnet, they are protecting the projects which lack those principles and alignment. Well, the time will really show what works best. My bet is that $AERO wins.

Day 28: why @AerodromeFi has the best token alignment? I am very bullish on $AERO because everything the protocol earns goes to sAERO holders. [No image] #AeroDynamics3 #MetaDEX #Aerodrome #Base

Day 27: what are the next features of @AerodromeFi? Low hanging fruits for better DEX UX: Native DCA & value averaging execution strategies and on-chain limit orders. These features can be easily added -> improved UX. [No image] #AeroDynamics3 #MetaDEX #Aerodrome #Base

The best thing is that the $AERO profits from such amazing system. The sAERO operators capture the bribes and then can do the LPing and multiply the rewards. The best token alignment. In the next posts I am going to be creative and philosophical about @AerodromeFi. Make sure to follow along! 👇

Aero ignition takes the power of initial token distribution away from private venture capital and gives it to the decentralized market. For Builders: you do not need a multi-million dollar treasury to launch a token. You let the protocol’s inflation engine build the liquidity for you. For Retail: no more getting dumped on by insiders. The token is distributed fairly, publicly, and at a market-driven price from the very first block. What are the alternatives?

Day 26: how @AerodromeFi ignition rewrites the token launch Many still missing this part. As a builder you do not need anything but aerodrome to launch your token. No liquidity, no MM, no contracts. It is the aero moat! 👇 #AeroDynamics3 #MetaDEX #Aerodrome #Base

@ilivinskiy Appreciate your opinion. As I said, I might be wrong. Could you please elaborate on it? Really want to learn.

@0xkiringe Completely wrong about Curve. Almost everything 😅But time will set everything straight

Day 25: @AerodromeFi eats mainnet? x.com/0xkiringe/stat… In the next posts I am going to be creative and philosophical about @AerodromeFi. Make sure to follow along! 👇

@benjarosetree Next is aeroLend, aeroUSD, aeroPerps, aeroCard, aeroInsurance.

My AERO bull post (so that I can say I told you so afterwards) I think it is now also my turn to bring out my AERO bull post. Won’t get into too many details on what it is and how it works - if you are interested in this, just check out @0xkiringe. Guy has been using more words writing posts about AERO than talking to hist girlfriend (I think it is not even a joke). At the beginning of the year, I finally acknowledged that my L2 bet was a big mistake and dumped every alt I had but for ETH and GNO and put it all into AERO. Max-locked right away, and have been voting every week. Sold voting rewards every week for AERO. Bought more AERO for my crypto card cash back. Every week. Bought 5-15% discounted small veNFTs and accumulated more AERO. And still doing this. @0xkiringe and I developed a script that reads the state of voting for emissions just 4 seconds before the voting ends, analyses it, optimises our votes for the best return with a greedy algorithm, and votes in the very last block possible, just 1 second before the deadline. This allows us to get one of the best, if not the best performances in whole ecosystem. The whole economy around the token just makes sense. The protocol paid out ~$167m to AERO veNFT holders last year, and there has barely been another protocol that pays more to its token holders. 100% of protocol revenue go to the token holders - this level of designed transparency is something I learned to value after holding some other governance tokens (iykyk). The capital efficiency of the token’s emissions is also something I personally don’t remember seeing anywhere else (I mean it is actually net positive!). With a bit of luck and a lot of though put into protocol design, Aerodrome has been a winning DEX on Base. With the upcoming upgrade, there are a lot of things I am bullish on. Predictive allocation is something @0xkiringe has pitched to me back in November, long before it has been announced. We called it “futarchy” for aero emissions. I thought this would be genius, but did not believe this would come. Just too complicated to implement on this scale. Well, here we are. While I am not super bullish on Aero going multichain on 14 useless (sorry) L2s, each of which introduce more risk than opportunity (imho), I think the move to deploy on Ethereum would have more impact on protocol’s revenue than any other past and future feature they ship. Base has become a strong chain in terms of liquidity in almost no time, but L1 has always been a different echelon. So now, I’d like to leave a couple very speculative, and barely educated bets on Aero until end of 2026. 1. Protocol revenue will surpass $300m (annualised after the upgrade from July) 2. TVL will (easily) cross $1b and converge toward $1.5b 3. At least one $1B+ valued Aero Ignition will occur (not as easy as it used to be!) Needless to say that Aero will eat Uni’s and to a large extent Curve’s lunch in L1. As well as it is needless to say that the token price will reflect the protocol’s growth with a multiplied effect. The question is then: what’s next? Lending? Own stablecoin? Perps? (picture unrelated)

@benjarosetree @wagmiAlexander @AerodromeFi I mean MetaDex03 :)

@0xkiringe @wagmiAlexander @AerodromeFi MetaDAO must a Freudian slip here :)

Outside of @0xkiringe who has been writing some amazing threads based on it, I don't think folks realized just how much detail we published on MetaDEX03. One of the largest and most significant protocol upgrades in DeFi history is coming in July. 👇

@CryptoCypherNow @AerodromeFi @coinbase Just max $AERO or die from FOMO.

People thought Amazon's only goal was to dominate book sales. They didn't see Prime or AWS coming. @AerodromeFi's path goes beyond @coinbase dominance. Did you see Internalized MEV, Dynamic Fees, Super Swaps, ETH Mainet Expantion coming? Think their done? @0xkiringe is thinking outside the box and you should too when it comes to valuations.

I would not judge if the peprs are good or bad morally, just wanted to highlight that with aeroUSD and aeroLend the next money printing chapter is opening for @AerodromeFi. Let's just say that these instruments allow professional traders to make the fortune and while doing this paying high fees to the sAERO operators. Win-win. You can long $AERO on Aerodrome and get fees for that if you hold sAERO, isn't it a dream? In the next posts I am going to be creative and philosophical about @AerodromeFi. Make sure to follow along! 👇

The MetaRouter Synergy To make it even crazier, the metaRouter handles the UX perfectly. A user with wstETH on Optimism can click "10x Long BTC". The metaRouter instantly bridges the wstETH, deposits it into aeroLend, mints aeroUSD for margin, and opens the 10x Long on AeroPerp on Base—all in one click.

Day 24: after aeroUSD and aeroLend @AerodromeFi launches aeroPerps. Given that aeroUSD and aeroLend are launched as suggested earlier, Aerodrome has to capture the most profitable, high-volume sector in all of crypto: Perpetual Futures👇 #AeroDynamics3 #MetaDEX #Aerodrome #Base