iAero Protocol Launches Token Sweeper, Distributes 5% of LIQ Supply to Stakers
## DeFi Protocol Update: iAero Protocol Launch and Token Sweeper Introduction
DeFi Protocol Update: iAero Protocol Launch and Token Sweeper Introduction
iAero Protocol, a liquid staking solution on the Base network, has introduced the Token Sweeper application and announced a new token distribution campaign. The Token Sweeper allows users to execute multi-token batch swaps, while the campaign will distribute 5% of the LIQ token supply to stakers over a six-month period.
The iAero Protocol facilitates liquid staking by allowing users to deposit AERO or veAERO tokens and receive liquid iAERO tokens. This provides liquidity for vote-escrowed positions and allows users to maintain exposure to Aerodrome voting rewards without staking penalties.
The protocol allocates 88% of its revenue to iAERO and LIQ stakers, derived from sources such as Aerodrome voting rewards, bribe payments, and trading fees. Current staking returns are approximately 35% APR.
The Token Sweeper application addresses wallet fragmentation by enabling users to:
Batch swap multiple tokens into USDC or WETH in a single transaction. Utilize over 100 decentralized exchanges (DEXs) for optimized execution. Automatically filter spam tokens with updated blocklists. Simulate transactions prior to execution.
The application supports nine networks, including Base, Ethereum, Arbitrum, and others. Protocol fees are set at 0.05% per transaction.
The iAero Protocol facilitates liquid staking by allowing users to deposit AERO or veAERO tokens and receive liquid iAERO tokens.
During Season 1, participants will earn one point per iAERO staked per day. At the end of six months, 5% of the LIQ token's fully diluted value will be distributed based on accumulated points. A public leaderboard will provide transparency on participant standings.
iAero Protocol aggregates user deposits into a collective veAERO position on Aerodrome, Base's primary decentralized exchange. This structure allows smaller depositors to access yields typically reserved for large veAERO holders.
iAero Protocol is accessible via iaero.finance . The Token Sweeper tool can be accessed at sweeper.iaero.finance , and documentation is available at docs.iaero.finance .
iAero Protocol provides a liquid staking solution that enables users to earn Aerodrome voting rewards without capital lockup. The protocol manages a collectively-owned veAERO position, distributing 88% of revenue to iAERO and LIQ stakers. Developed on the Base network, iAero integrates yield generation with DeFi infrastructure.
For additional information, please contact:
Email: iaero@iaero.finance Website: https://iaero.finance Twitter: https://x.com/iaeroProtocol Discord: https://discord.gg/QryJDAkcfa
This announcement serves informational purposes and should not be considered financial advice. Users are encouraged to conduct their own research before interacting with any DeFi protocol.
Based on reporting by TechBullion.
