alexander (wagmialexander)

The liquidity layer creates more value ($5.5b in fees) than even the chain layer (~$3B in fees). This is not well understood bc exchange tokens have not captured or managed this value. Aero shows what is possible when they do on a single chain -- soon for all of Ethereum.

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When Aero launches in Q2, the Momentum Fund will have a new mandate: buyback and burn supply. Combined with the REV & AER engines, this is projected to nearly 4x net value to the token. In the meantime, every extra bit of veAERO accumulated means more firepower in Q2.

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It’s that easy.

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TL;DR - It turns out that @proxystudio is our disgraced former teammate @gabagooldoteth. I can personally vouch that @dish had absolutely no idea and handled the situation perfectly. The @clankeronbase team has the full support of myself and the @aerodrome team.

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If you want the full story, just shared over on X: https://x.com/wagmialexander/status/1919428959944782065?s=46

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It’s been an emotional week. I came into this space as a nobody + fairly naive. There were multiple moments where I feared that it might end up being the biggest mistake of my life. It might have been if not for the ppl who were there in the dark moments. I’m so grateful. 🙏

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This is becoming ridiculous. Think about all the DEXs who promised they’d take the crown from Uniswap: Curve, Balancer, Sushi, Maverick. Think about the millions raised and liquid tokens allocated to teams to do it. And here we are.

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