Aerodrome: Voting Power Evolution

veAERO Governance Concentration Over Time — Top 25 Holders

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About this Chart

Tracks the evolution of voting power at each epoch boundary for the top 25 veAERO holders, with all remaining addresses grouped as "Others." Uses economic attribution (effective VP) — each holder's voting power reflects their actual AERO stake regardless of whether it sits in a normal veNFT or is deposited into a managed relay. This avoids double-counting between relays and their depositors; the power is attributed to the economic owner, not the aggregator contract.

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