[Aero to Launch on October 21, Announcing Token Conversion Terms]
The merger project Aero, combining Aerodrome and Velodrome, will launch on October 21. AERO will be converted at a 1:1 ratio, while VELO will be converted to the new AERO at approximately a 0.044 ratio. The combined TVL of the two platforms prior to the merger is approximately $422 million. The new model replaces the weekly voting emission mechanism with real-time allocation. Token migration requires manual operation by holders, and unclaimed rewards will be unrecoverable after migration. (Source: The Defiant)