Aerodrome Finance Supply Is Nearly Evenly Split Between Liquid AERO and sAERO

A Nov. 5 supply snapshot listed 2.13 billion Aerodrome Finance (AERO) in total supply. It put 49.5% in sAERO and 50.5% in liquid AERO, with rounded category counts of 1.06 billion and 1.08 billion, respectively. The snapshot was taken at 2:16 a.m. ET (07:16 UTC).

The migration opened Oct. 21 at 8 p.m. ET (Oct. 22 at 00:00 UTC). Its terms set a 1-to-1 conversion from liquid AERO to new AERO and from locked veAERO to sAERO.

Under the earlier veAERO model, holders voted weekly on liquidity-pool emissions. In the current system, sAERO holders allocate rewards in real time and receive revenue from pools they support. Aero describes the system this way: “No voting. No epochs. No delay between revenue accrual and distribution.”