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Why I Sold My ETH and Bought AERO
Kiringe sold his ETH for AERO because Ethereum's rollup strategy succeeded as a network but failed as an asset—L2s capture 95%+ of profit margins while ETH becomes a commoditized settlement layer. Base dominates as the retail hub, but without its own gas token, that massive economic activity doesn't create structural buying pressure for ETH; instead, value flows to Aerodrome, Base's dominant DEX, which employs ve(3,3) tokenomics to vacuum up fees and protocol incentives as the central liquidity engine.