Feb 17 2025
- LsETH’s Aerodrome launch brings institutional-grade liquid staking to Aerodrome’s leading liquidity marketplace—so users can access ETH staking rewards while participating in onchain trading, liquidity provision, and more.
- Aerodrome is an open, onchain liquidity marketplace built on Base. Aerodrome uses gauge voting and reward incentives to attract liquidity and trading.
- LsETH’s Aerodrome launch is supported by a quorum of veAero votes cast by Aerodrome, which joins Liquid Collective’s ecosystem as a Platform.
- Enabled by Chainlink CCIP, users can bridge LsETH to Base using Transporter, XSwap, Interport, or your preferred CCIP-compatible bridge.
We’re excited to share that Liquid Collective’s LsETH is now live on Aerodrome, the liquidity marketplace and decentralized exchange (DEX) on Base.
LsETH support brings institutional-grade liquid staking to Aerodrome’s leading liquidity marketplace—so users can access ETH staking rewards while simultaneously participating in onchain trading, liquidity provision, and more.
The launch was supported by veAero votes cast by the Aerodrome team, with Aerodrome joining the Liquid Collective ecosystem as a LsETH Platform to expand access to ETH staking alongside the broad and distributed Collective of leading teams that support Liquid Collective’s staking network.
Here’s the 101 on Aerodrome, participating with LsETH, and where to go to get started.
Bringing LsETH to Aerodrome’s leading liquidity marketplace
Aerodrome is an open, onchain liquidity marketplace built on Base. Aerodrome represents the largest protocol on Base, with $1B in TLV and over $24B in monthly trading volume at the time of writing.
Inspired and developed based on Velodrome’s veToken mechanics on Optimism, Aerodrome uses gauge voting and reward incentives to attract liquidity and trading activity to its platform.
- veAERO voters vote on which pools will receive AERO emissions from the Aerodrome protocol, as part of the process of launching a pool on Aerodrome.
- Traders can swap tokens in Aerodrome’s pools, which are promoted as having minimal slippage and low fees.
- Liquidity providers deposit the tokens used for trading on Aerodrome to provide liquidity to the pools, and receive AERO emissions from the Aerodrome protocol as rewards.
- Protocols can offer incentives to attract support from veAERO voters for their pools.
Get started: Cross-Chain Interoperability with Chainlink CCIP
Participating on Aerodrome first requires bridging LsETH to the Base layer 2 (L2) network that Aerodrome is built on. The bridging of LsETH from Ethereum mainnet to Base is made possible by the Chainlink standard for secure cross-chain interoperability, Chainlink CCIP, which enables LsETH to be securely transferred across blockchains. Chainlink’s battle-tested, decentralized infrastructure helps maintain robust security standards aligned with Liquid Collective’s institutional-grade staking network.
In addition to interacting with Chainlink CCIP directly, or using one’s preferred CCIP-compatible tool, LsETH has been added for front-end bridging support on CCIP-powered bridges.
→ Bridge LsETH to Base with Transporter
Transporter is a security-focused bridging app built in association with the Chainlink Foundation, with support from Chainlink Labs. Get started with bridging LsETH to Base with Transporter here.
→ Bridge to LsETH to Base with XSwap
XSwap is a cross-chain protocol for transferring digital assets across chains. Get started with bridging LsETH to Base with XSwap here.
→ Bridge to LsETH to Base with Interport
Interport is a decentralized liquidity protocol for cross-chain token transfers across networks. Get started with bridging LsETH to Base with Interport here.
LsETH on Aerodrome
Liquid Staked ETH (LsETH) is Liquid Collective’s Ethereum liquid staking token, representing staked ETH and accrued ETH network rewards. When a user stakes ETH through Liquid Collective, they receive LsETH as a receipt token for their stake, giving them continued exposure to Ethereum’s network rewards without locking up their liquidity.
Liquid Collective is unique from other liquid staking tokens in its focus on bringing institutional-grade staking onchain for everyone: it’s the only liquid staking solution purpose-built to meet the security and participation requirements of institutions, like funds and banks, while remaining freely transferable and interoperable for any staker to use.
On the L2, lower transaction costs and faster settlement create new use cases and make it easier to integrate LsETH into a range of DeFi applications. You can use LsETH to stake ETH across 21+ industry-leading platforms and ecosystem partners, including Anchorage Digital, Coinbase, Blockdaemon, Bitcoin Suisse, Bitgo, Figment, and others.
What’s next
- Follow @liquid_col on X and join the community channels for announcements and updates.
- Learn more about the Liquid Collective ecosystem.
- Stay tuned for further updates about Liquid Collective!
This Aerodrome integration is part of Liquid Collective’s broader roadmap to offer accessible, secure liquid staking across multiple chains and platforms. Thank you for your support as the Liquid Collective ecosystem expands!
About Liquid Collective
Liquid Collective is an open and interoperable staking network, built and supported by a broad collective of industry leaders.
Liquid Collective’s staking tokens, including Liquid Staked ETH (LsETH), provide secure, liquid and flexible access to staking, for individuals and institutions alike.
@liquid_col • liquidcollective.io
About Aerodrome
Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2.
About Chainlink
Chainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $19 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting chain.link.
Both Base and Aerodrome are unaffiliated third-party integrations, subject to their own terms of service. Please review their security measures and terms of service prior to using their solutions. You can learn more about Base here and Aerodrome here. Liquid staking via the Liquid Collective protocol and using LsETH involves significant risks. Please refer to Liquid Collective's Diligence Hub resources for more information.
