How Does Autopilot Work?

Yield|Risk B-|5 mechanisms|4 interactions

Autopilot is an automated veAERO yield strategy on Base that locks AERO, votes on Aerodrome gauges, and auto-compounds rewards non-custodially. With $12M TVL, it simplifies Aerodrome ve-tokenomics but concentrates all exposure in one protocol.

TVL

$237,000

Sector

Yield

Risk Grade

B-

Value Grade

D+

Core Mechanisms

5.1.3 Vote-escrow (veCRV-style)

Novel

Automated veAERO strategy on Base/Aerodrome

Automates veToken management

7.1.2 Gauge-weighted (Curve-style)

Automated gauge voting for optimal emissions

Standard gauge voting

3.3.3 Auto-compounding delegation

Auto-claiming and compounding AERO rewards

Standard auto-compounding

2.1.2 Percentage-based fee

Performance fees on yield

Standard fees

5.4.1 Multisig override

Team-managed strategy parameters

Centralized strategy

How the Pieces Interact

veAERO locking↔AERO priceHigh

Locked veAERO cannot be exited — price drops cause locked value decline

Automated gauge voting↔Aerodrome governanceMedium

Concentrated voting power could influence governance

Auto-compounding↔Base gas costsMedium

Compounding frequency affected by gas

Strategy concentration↔Aerodrome dependencyMedium

100% Aerodrome exposure — any exploit impacts all depositors

What Could Go Wrong

  1. Concentrated risk in Aerodrome and its gauge system
  2. Limited documentation
  3. Strategy depends on AERO token value
  4. Automated voting introduces smart contract risk

AERO Token Price Collapse

Moderate

Trigger: AERO drops 50%+ while veAERO locked

  1. 1.AERO price drops — veAERO positions lose value
  2. 2.USD yield declines — APY drops below thresholds
  3. 3.Deposits stop — TVL stagnates
See all 2 collapse scenarios in the full risk report →

Risk Profile at a Glance

Mechanism Novelty3/15
Interaction Severity4/20
Oracle Surface2/10
Documentation Gaps7/10
Track Record6/15
Scale Exposure0/10
Regulatory Risk4/10
Vitality Risk3/10
B-

Overall: B- (29/100)

Lower score = safer

More on Autopilot

Is Autopilot Safe?

Safety analysis

Is Autopilot a Good Investment?

Value analysis

Full Risk Report

All mechanisms & interactions

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