Aero announces token conversion terms for the Aerodrome–Velodrome merger,October 21 launches
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AT A GLANCE
The Aerodrome–Velodrome merger project, Aero, announced October 21 the launch arrangements and token conversion ratio.
Article
Aerodrome and Velodrome merger scheduled to October 21 launch, token conversion ratio announced
PANews October 10 reported, citing The Defiant, that Aero, the merger project of decentralized exchanges Aerodrome and Velodrome, announced the token conversion terms and deadline; the merger will October 21 evening at 8 ET, at which time token emissions from both legacy platforms will cease. Existing AERO will be converted at a ratio of 1: 1 into new AERO, with each VELO converting to approximately 0.044 AERO; the same ratio applies to liquid and locked tokens. Of the new token supply, Aerodrome holders will receive 94.5%, while Velodrome holders will receive 5.5%. As of October 9, the combined total value locked on the two exchanges was approximately 422000000 USD. Existing ve AERO, and veVELO locks will be converted...
Key points
01
PANews reported, citing The Defiant, that the Aerodrome–Velodrome merger project is named Aero.
02
The merger is scheduled to launch at October 21 evening at 8 ET.
03
When the merger launches, token emissions from both legacy platforms will cease.
04
Existing AERO will be converted at a ratio of 1: 1 into new AERO, with each VELO converting to approximately 0.044 tokens AERO。
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The same conversion ratio applies to liquid and locked tokens.
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Of the new token supply, Aerodrome holders will receive 94.5%, while Velodrome holders will receive 5.5%。
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As of October 9, the combined total value locked on the two exchanges was approximately 422000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This merger will shift the token systems of the two platforms to a new AERO. The original AERO can be exchanged on a one-to-one basis, while VELO will be exchanged at approximately 0.044 the ratio; the new token will be allocated primarily to Aerodrome holders.
Why it matters to readers
AERO and VELO holders need to focus on the conversion ratio, launch time, and arrangements for ceasing token emissions from the legacy platforms, as these details directly affect how their tokens will be converted.
If you hold AERO、VELO or related locked tokens, you should confirm the official conversion portal, the operation deadline, and the complete lock-handling rules; this truncated report alone is insufficient to execute any transaction.
Risks and unknowns
The evidence does not state the years associated with October 21 and October 9.
The original text is truncated at “existing ve AERO and veVELO locked positions will be converted...”, so the complete locked-position conversion arrangements cannot be confirmed.
VELO The exchange ratio is stated as “approximately 0.044”; the final exact ratio is not provided in the evidence.
The evidence is a PANews report citing The Defiant and does not include the complete original announcement from the AERO project team.
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Related concepts
Token emissions
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