Dromos Labs, the development team behind the decentralized exchanges (DEXs) Aerodrome on Base and Velodrome on Optimism, has announced the consolidation of both platforms into a new, unified exchange called Aero. The move is designed to merge liquidity, enhance scalability, and pave the way for expansion across multiple Ethereum networks.

The announcement was made during the “New Horizon” event on November 11, where the team outlined its vision for Aero to become a central liquidity hub. This new system aims to connect various networks and power applications, with plans to extend its reach to Circle’s Arc blockchain.

Unified Token and New Architecture

A central component of this transition is the merger of the native tokens from both protocols. The existing Aerodrome (AERO) and Velodrome (VELO) tokens will be combined into a single AERO token, with the team confirming that no new tokens will be created to prevent diluting the value for current holders.

The new AERO token will be distributed based on the size and revenue share of each original protocol. AERO holders are set to receive approximately 94.5% of the new supply, while VELO holders will receive the remaining 5.5%. This structure ensures that existing token holders will maintain their proportional stake in the new, combined ecosystem’s overall revenue and growth.