(Aero) Critical Project On Base Blockchain ! How Far Can The Market Cap Run?!

[Music] Street [Music] open welcome to underground crypto back with another deep dive here today we are going to be doing aerod Drome Finance it is on the base blockchain and is a what I consider to be kind of critical infrastructure for a blockchain base specifically in this in this sense and you can see it is a $619 million market cap I wouldn't necessarily consider it a low market cap you know to me that's under 500 million uh micro say under 200 million so this is definitely a little bit out of that range but this is I think an important one to cover anybody who's been following the channel in the videos a little bit before we got into some of the real world asset narrative stuff we were looking at meme coins on base and just things Building on

Base blockchain as base blockchain isn't necessarily new they've been working on it for a while but it's only been kind of out and with the hype and in the public eye a good bit here lately so aerrow Drome it's at a147 up 5% at the time of recording obviously that fluctuates quite a bit I got it on the 3mon chart and you can see you know February 22nd 23rd it was going for like 8 and it went all the way up to $2.23 so you can do your own math there but that's a lot of x's and a lot of growth in a short period of time and I don't think this thing is over at all you know I don't think this run for this coin is is over I think it just started I think it has

the PO potential to go to a multi-billion dollar market cap um not a financial advisor obviously nothing I say or do should be taken as Financial advice but I do have you know a good good feeling about this coin where can you get it looks like quite a few places it's got six pages of different places where you can get it but of course on base it's probably the best place to get it coinbase exchange says that they carry it makes a lot of sense because they are um you know obviously the blockchain of coinbase uh the publicly traded company however you would say that so we don't have a number for the max Supply it does say infinite which is somewhat concerning I guess I don't know the tokenomics hopefully we are going to figure that out real

shortly so we're going to go to their website as you can see it's a base blockchain uh contract and I don't see any other contracts associated with it but here's their website pretty Sleek pretty straight to the point pretty basic and you'll see why as you see what this coin is at this point I'm assuming a lot of people know what AO Drome is but if you don't then uh this video is certainly one you want to pay attention to so the central trading and liquidity Marketplace on base so this is where the majority of liquidity right now on basis coming from aerod drone finances the Next Generation amm designed to serve as base centralized liquidity Hub combining a powerful liquidity incentive engine vote to lock governance model friendly user experience Aerodrome inherits the latest features from Vel Drome

V2 aerody Drome nft vote to distribute token emission and receive incentives and G and fees generated by the protot protocol don't know why that didn't want to come out but moving on stable and volatile trading for low fees 100% of the protocol incentives and fees go to voters liquidity locked positions in the form of nfts which is an interesting thing and permissionless pools gauges and incentives self-optimizing liquidity flywheel and anti-dilution rebase for voters how it Works designed to reward participants that enable sustainable growth of the protocol looks like it goes from the Traders with you know fees generated goes to the arrow voters the ve Arrow voters then you have an arrow emission then it goes to your LP then you know kind of can circle around low s you know low slippage back to your Traders or you

know provide liquidity protocol and incentive gives back to the voter so there's a little simple diagram that kind of explain how that works so Traders swap tokens with minimal slippage and pay some of the lowest fees to Arrow lockers liquidity providers deposit the tokens used for trading on Aerodrome and receive AO emissions as rewards protocols offer incentives to ve Aro voters to attract votes Arrow emissions to their pools allowing them to build liquidity at a low cost be Arrow voters vote on which protocols well vote on which pools to earn Arrow emissions and receive 100% of incentives and fees for the pool they vote for any arrow holder can lock their tokens and tokens to convert to ve Arrow my mind's just reading what it wants to see all right 76.1 15 million total loed value it's pretty cool

monthly trading is 1.5 billion that's pretty substantial monthly fees that are being generated this is kind of important 28.75 million and monthly users about 26.8 th000 that's quite a few users there and they have some I'm assuming what they would call Partners down here they probably could have did a little better putting the name at all these different ones um Lio Finance being one that would be significant here inverse Finance yeah you get the idea I didn't recognize a lot of those to be honest with you looking to get started on Aerodrome onboarding guide and that's kind of the end so let's click this onboarding guide and see what it has to say aerodrone Finance uses Arrow as a utility token and arrow as a governance token arrow is used for Arrow is used for rewarding liquidity providers through

emissions the arrow is used for governance any arrow holder can vote escrow their tokens for up to four years and receive a ve arrow nft in exchange ve Arrow holders vote every Epoch weekly which will on which pools receive Arrow emissions in return voters receive 100% of the fees and incentives the pool collects protocols looking to incentivize liquidity can bribe V Aro voters I.E deposit token rewards for voters of a pool and accumulate V Arrow to vote directly that is relatively interesting liquidity Market I'm not going to read all of these different things because I don't want to bore you to sleep here and let's go to aerody Drome Twitter page all right here we are I'm assuming this is the official one we're already following them they're followed by dog and me if you remember that review that

um performed really well and had a really hard pullback dog and me did but I think it's still going to do really good for the rest of this uh this bull market here 54.3 th000 followers February 26 their pinned post got 1.7 th000 likes and 432,000 Impressions that's pretty good they posted an hour ago 9 hours ago 11 hours ago 18 hours ago there's a repost there so you can see that they're active they have a really good amount of followers um join March 2023 so you know everything pretty much checks out there as I suspected that it would this project has gotten quite a bit of notoriety quite a few people know about it and follow me over here on Twitter _ crypto and uh you know we try to aggregate all the different projects that post you

know important things like say this post here we would repost it to the page you know my personal page here on Twitter and that's how you can kind of keep up with everything without having to go follow every single project yourself and that's really all there is to it I mean this is mostly just um a protocol that puts liquidity into the base um ecosystem probably the best way to say that but it's extremely important for Bas and the marketplace is on Bas and it's probably a pretty good speculation gut feeling about this I got to give it like a nine even though it's already got a 619 million doll market cap has pulled back a little bit to like a $150 from 220 you know 223 I think was the was the height of it there and so

I'm going to have to give it like a nine on gut feeling I have not invested in this as of yet but this is a project that I am looking to put some money into cuz I think it's going to be well worth it and and like I said we're recorded about 10 minutes here I knew this wasn't going to be a long video but I think an important one and crypto run out have a great day