Aero’s staker documentation states that Autopilot handles allocation, claiming and compounding for an sAERO stake, and can convert rewards into a target token instead of compounding them. The same documentation says the stake stays in its owner’s wallet and the owner can withdraw it from Autopilot.
sAERO is an NFT that represents staked $AERO and carries its allocation rights, according to the project’s documentation. Under Aero’s model, stakers direct $AERO rewards to liquidity pools and earn a share of the exchange revenue those pools generate. Autopilot is designed for users who want to set a strategy without managing each step by hand.
One operating detail applies to automated and manual users alike. Each sAERO position has a 47-hour cooldown between allocation changes, which also applies to Autopilot. Users who allocate manually before Autopilot’s first round must wait for that cooldown before reallocating.
Background: The Aerodrome and Velodrome Merger
Aero went live on October 21 across seven networks. The Block reported that it is launching on Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc and Arbitrum. Existing $AERO and VELO tokens migrate to a new $AERO token, while veAERO and veVELO positions convert to sAERO.
According to the same report, Aerodrome accounted for 58% of DEX trading volume on Base in the third quarter, while Velodrome accounted for 60% on OP Mainnet, based on the team’s statement.
Dromos Labs CEO Alex Cutler said at launch that 100% of the revenue the exchange earns goes back to those who stake $AERO, according to a report on Yahoo Finance. Revenue sharing is not the same as guaranteed returns, and the amount stakers earn depends on trading activity in the pools they back.
Aero also uses a continuous allocation model in place of the weekly voting rounds used by Aerodrome and Velodrome, which is the system Autopilot is built to automate.
Sources
Aero: $AERO Economics
Aero Docs: Aero for Stakers
The Block: Aerodrome and Velodrome merge to launch Aero across seven blockchain networks
