Guavy AI Editorial TeamSentiment: 2Clout: 78

Aerodrome Hosts First Token Launch Event for Virtuals Protocol

Aerodrome, a dominant decentralized exchange on Coinbase's Base network, is expanding its services by hosting its first token launch event. The platform has been chosen as the launchpad for Virtuals Protocol's DEUS token, representing XMAQUINA, a DAO that accumulates positions in robotics companies.

XMAQUINA, also known as Robotics Capital Markets (RCM), aims to bridge the gap between blockchain enthusiasts and real-world robotics manufacturers. The DAO has already raised $60 million in fully diluted valuation through a community auction in January.

The token launch event is scheduled for May 27, following an X Spaces discussion on Robotics Capital Markets on May 26. Aerodrome's involvement brings credibility to the project, as it operates without venture capital funding and no prior token sales.