Aero Sets Oct. 21 Merger Launch and Token Conversion Terms
Aerodrome and Velodrome will begin their merger on Oct. 21, with token conversion terms set for AERO and VELO. The plan also ends emissions from the two legacy platforms and moves VELO, AERO, veVELO, and veAERO positions into the new structure.
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Users and holders in both ecosystems will notice the change when the merger starts on Oct. 21, because token conversion terms are set for AERO and VELO and positions are being moved into the new structure. The terms also leave existing locks in place for their remaining duration, so locked positions do not disappear on the schedule shown here.
In practice, emissions from the two legacy platforms will stop, and the listed token and position types will be folded into the new structure. What stays the same is that the remaining lock duration is preserved for existing locks, even as the token setup changes. (per tokenpost.com)
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