Aero Token Migration Goes Live on Coinbase: VELO Converts to AERO at 0.044
Photo: Blockchain Reporter
The Aero token migration is now live on Coinbase. Starting November 2 and running through November 4, the exchange will convert Aerodrome Finance (AERO) balances into the new Aero token at a 1:1 ratio, and Velodrome Finance (VELO) balances at roughly 0.044 AERO per VELO. VELO trading is disabled on Coinbase from today, November 2, while AERO trading continues without interruption. This is the exchange-side half of a merger that folds Aerodrome and Velodrome into a single cross-chain decentralized exchange called Aero. Aerodrome and Velodrome are two separate automated market makers built by the same team on the MetaDEX design.
Source: Blockchain Reporter
