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ngl, not been locked in on alts recently but just found one of the first projects i talked about when i started infofi with one of the best charts ive seen in recent memory - @soon_svm with $SOON
after hitting an all time low of about 0.13$ in July, recent news and metrics have just FULL SENT the chart all the way to 0.85$. grabbed a bag at around $0.5 and riding it all the way up to gorillians
will be relentlessly bullposting it over the next couple of weeks but this is genuinely one of the best looking charts after @OrderlyNetwork... and both of these products have something in common - can you guess what?
If you’re on Base, you’ve probably seen @AerodromeFi popping up everywhere. It’s the main DEX on Base, basically the hub for trading and liquidity.
Key points:
- Liquidity rewards: Some pools are insane like WETH-SOON at 1,333% APR. You lock $AERO to get veAERO and earn fees.
- Governance: veAERO holders vote on emissions and get 100% of protocol fees. $35M+ was distributed in the last month alone.
- Community launches: SYND fair launch? $100M in volume, $1M fees week one.
With insights from @Ace_da_Book, Learnt that Aerodrome’s cbBTC pools show Base’s potential 75B+ volume and rising.
$AERO is up around $1.16–$1.19, market cap just over $1B.
Almost half the supply is locked long-term, which keeps the token scarce and revenue flowing to voters.
$AERO’s veAERO model just paid out $35M+ in 30 days, with 49% supply locked long-term. cbBTC pools are dominating Base volume.
Genuinely curious, @wagmiAlexander Do you see new mechanisms to make emissions fairer while keeping long-term holders rewarded?
About SOON (SOON)
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