aerodrome controls 53% of base's $4.7b defi tvl through ve(3,3) mechanics. protocols stopped burning treasuries on mercenary farms and started accumulating veaero positions instead. 45% of aero supply locked for average 2.8 years. seamless extra inverse moonwell all building permanent voting power. $2m-4m weekly bribes generating 35-45% apr from real fees not inflation. protocols get $3-8 liquidity value per $1 in bribes. aero at $1.30 trading 12x fees vs uniswap at 25x.
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