Aerodrome Finance adds AERO rewards to MXNB/USDC pool on Base

Aerodrome Finance turned on AERO token emissions for its MXNB/USDC liquidity pool on the Base network, paying providers both trading fees and protocol rewards. The move expands the platform’s incentive engine beyond its original launch on August 28 2023, when Aerodrome debuted as Base’s central AMM [1].

The MXNB stablecoin, pegged to the Mexican peso and issued by Juno—a Bitso subsidiary—now pairs with USDC in Aerodrome’s “stable pool” category. By activating emissions, the protocol distributes AERO tokens to veAERO holders who vote for the pool each week; those holders then share 100 % of the pool’s protocol fees [2]. Liquidity providers therefore earn two streams: the usual swap fees and the newly added AERO rewards, a model that mirrors earlier emissions for pairs like CTR/USDC [2].

Bitso’s involvement signals growing interest in Base as a hub for institutional‑grade stablecoins in Latin America. The MXNB/USDC corridor creates a direct on‑chain bridge between the U.S. dollar and the Mexican peso, potentially lowering friction for cross‑border transactions and attracting regional traders to Base’s ecosystem [2]. Aerodrome’s dual‑pool design keeps stable‑coin pairs separate from volatile assets, limiting impermanent loss and making the offering relatively low‑risk compared with other DeFi pools [2].

The launch raises questions about the long‑term stability of MXNB, which depends on Juno’s reserve management and audit transparency. As AERO emissions begin, the pool’s attractiveness will hinge on both the peg’s reliability and the ongoing governance decisions of veAERO participants. How much liquidity the MXNB/USDC pair can capture will be a key test of Base’s appeal to Latin American crypto markets.