Aerodrome, developed by #Velodrome in collaboration with Base developers, has gained remarkable traction by attracting $150 million in locked value within just one day of its launch. This has expanded the Base blockchain's DeFi ecosystem by an impressive 80%. Here are the key highlights:

1. **Purpose and Functionality**: #Aerodrome serves as a business development #protocol within the Base ecosystem. It assists projects in their launch phase, onboards new projects and tokens, and generates liquidity for the ecosystem. The platform's aim is to replicate the success of Velodrome, which is highly utilized on the Optimism network.

2. **Reward Mechanism**: Aerodrome rewards users with AERO tokens for providing liquidity, conducting swaps, and participating in governance activities. AERO tokens have a total supply of 500 million, with 450 million locked for four years.

3. **Voting Power and Governance**: Aerodrome allows users to lock their AERO tokens for varying durations, generating veAERO tokens with increased voting power on governance matters. This mechanism is similar to the approach used by Velodrome.

4. **Locked veAERO Tokens as NFTs**: The locked veAERO tokens are represented as NFTs, enabling trading on various NFT marketplaces. This allows users to gain exposure to the ecosystem without directly purchasing tokens.

5. **Platform Revenues and Success**: Velodrome's approach has been successful, generating over $3 million in platform revenues in a month. VELO holders and users received $1.3 million in fees.

6. **Incentivizing Participation**: Aerodrome's model incentivizes participation in governance and setting reward levels for trading pools. Users who participate receive a share of the fees and bribes collected by specific pools they voted for.

In summary, the rapid success of Aerodrome by attracting substantial locked value underscores the appeal of its innovative model, which combines locked veAERO tokens as NFTs with effective governance mechanisms.