Add Market AERO on Base

The Compound Growth Program proposes the addition of AERO as a base asset on Base Chain.

Motivation

AERO is the most popular native asset on Base, we believe as Base grows in TVL, AERO will also witness more traction. To catch up early on the opportunity, we would like to add Aero token market on Base.

Aero is the native token of the Defi project Aerodrome finance on Base.

The tokens we suggest as collaterals either have high TVL on Base or large pools that are pool with AERO token on Aerodrome.

Market Description

Base Asset: AERO

Suggested Collaterals:

  • USDC
  • WETH
  • DOLA
  • EURC
  • cbETH
  • wstETH

Collaterals to watch:

  • BRETT
  • MAI
  • KLIMA
  • weETH
  • rETH
  • ezETH
  • rsETH

Details

Asset Issuing Company Token details
USDC Circle Basescan
EURC Circle Basescan
WETH Basescan
DOLA https://www.inverse.finance/ Basescan
cbETH Coinbase Basescan
wstETH Lido Basescan
Future token
BRETT https://www.basedbrett.com/ Basescan
MAI https://www.mai.finance/ Basescan
Klima https://www.klimadao.finance/ Basescan
weETH Ether.Fi Basescan
ezETH Renzo Basescan
rsETH Kelp Basescan
rETH Rocketpool Basescan

Next Steps

We invite the community to consider this application for listing the AERO market and welcome suggestions in this direction. After getting suggestions and risk recommendations from Community members, we will kickstart the coding process for the market.

2 Likes

Rad. Looking forward to start building it!

1 Like

Aerodrome contributor here - would welcome the addition of an AERO market. As @sharp highlighted, as Base continues to grow in TVL you would expect more interest around the AERO token particularly given its share of TVL and volume in the ecosystem.

1 Like

What’s the use-case for an AERO market? Is there sufficient demand for borrowing AERO?