Aerodrome Adds Emissions Eligibility for Wrapped iShares Treasury Bond ETF Token

Aerodrome Finance has expanded its emissions eligibility to include the wrapped iShares 0-3 Month Treasury Bond ETF token, wtSGOV. This development allows liquidity providers to earn DeFi rewards on top of exposure to short-term US Treasuries.

The emissions mechanism is based on a ve(3,3) governance model, where holders lock up AERO tokens to receive veAERO voting power. Every week, veAERO holders vote on which liquidity pools receive AERO token emissions.

The annualized AERO emissions rate currently sits at approximately 10.9%, meaning new AERO tokens are being distributed across eligible pools at this rate. Liquidity providers in a wtSGOV pool essentially stack two yield sources: the underlying Treasury yield and AERO rewards.