VELO Token Trading on Binance to End Amid Velodrome-Aerodrome Merger

The decentralized finance (DeFi) protocol Velodrome has announced that it will be merging its community with Aerodrome ahead of the launch of Aero. As part of this transition, Velodrome's social media and community channels will gradually shift to the Aero umbrella, with updates and announcements primarily being shared via the @aeroxyz account.

The merger is expected to impact VELO token trading on Binance, which will cease on September 10th as a result of the preparations for Aero. Velodrome's Discord server will also be downsized, with only essential channels remaining open and community activities being redirected to the existing Aero Discord server.

Following the announcement, VELO experienced sharp volatility, dropping briefly from $0.0268 to $0.0252 on Binance before recovering to around $0.0265. The public audit competition for Aero is expected to conclude on September 21st.