AERO Economic Simulator
Select assumptions for revenue growth and the market's valuation multiple to see where revenue per AERO rises and the modeled outcomes for staked and liquid AERO at launch. Positions and value per AERO are multiples of entry value, 1x at entry.
Model of draft Aero parameters, Oct 2026
Revenue per AERO rises in any year that revenue grows faster than supply. The chart shows how much room there is for that: new supply at each multiple, what burns remove, and your revenue growth on top.
Revenue per AERO, year 5 vs today
1.02x
+0.5% a year. Revenue x1.61, supply x1.57.
vs default 1.02xsame
Liquid holder, 5 years
1.02x
+0.5% a year, from value per AERO alone
vs default 1.02xsame
Staker, 5 years
2.29x
+18.0% a year, value per AERO plus revenue reinvested
vs default 2.29xsame
New supply and revenue growth, % per year, compounded over 5 years, at each multiple held from launch to year 5. Both vertical axes use the same scale.
At 10% revenue growth, revenue per AERO rises at any held multiple above 9.5x. Held at your multiple today, 10.0x, burns cut new supply from 13.4% to 9.5% a year, so revenue per AERO rises about 0.5% a year.
New supply before burns switches off the REV Engine and the Momentum Fund and keeps every other lever as set. Net new supply uses your lever settings; Distribute mode burns nothing. At a held multiple, AERO Rewards and burns both scale with revenue over value, so revenue growth does not move either curve.
Illustrative. The multiple is held for each point, which is a simplification. Not a forecast of revenue, valuation or supply.
How each position and value per AERO move from launch to year 5 at your settings. Multiple of entry value, 1x at entry.
Multiple of entry value, 1x at entry. The staker line reinvests revenue to sAERO into more sAERO each week. The dashed line is entry value.
Multiple of entry value, 1x at launch. Total supply is shown the same way, 1x at launch.
The dotted lines rerun your scenario with both buybacks distributed to sAERO instead of burned. The gap between solid and dotted lines is what burning adds.
Burning instead of distributing leaves 634M fewer AERO by year 5 and lifts value per AERO from 0.86x to 1.02x. Distributed, the bought AERO go to sAERO instead, and the larger supply also mints more AERO Rewards.
What Aero's levers, set in Settings, do to total supply at your assumptions. A higher multiple means revenue is a smaller share of value, so AERO Rewards issue fewer new AERO. The tiles below hold value per AERO flat, as the AERO Supply Toolkit does; the returns in section 1 and the positions in section 2 include changes in it.
With the multiple held at 10.0x, Pool Revenue stays at 10.0% of value a year. AERO Rewards and the team share mint 1.68B, buybacks burn 470M, and supply goes from 2.10B to 3.31B (9.5% a year).
Supply, year 5
3.31B
+57.4% from 2.10B
Supply growth, % a year
9.5%
compound, net of burns
AERO burned, 5 years
470M
22.4% of starting supply
Revenue to sAERO, average
16.1%
unstaked fee adds 0.3 pts
Revenue to sAERO less dilution, average
6.5%
16.1% before dilution, diluted by 9.1% average net supply growth a year
Revenue vs supply growth, year 5
1.36x
revenue exceeds supply growth from year 1. 5-year revenue covers 135% of net new AERO
Billions of AERO.
Each band adds one lever to the ones before it, in the order of the levers in Settings. The solid line is total supply; its end label gives growth from starting supply.
Billions of AERO, weekly from launch to year 5.
Revenue-backed supply adds each week's revenue, converted to AERO at that week's value, to starting supply. Where projected supply is below it, cumulative revenue exceeds net new supply (AERO minted less AERO burned).
Billions of AERO. Locked (sAERO) at the bottom, circulating above. The top edge is total supply.
Lock rate (sAERO share of supply): 50% at launch, 57.1% at year 5. Burn takes liquid AERO out of circulating supply, so the rate rises. Burn sAERO takes sAERO out, so it falls.
Billions of AERO. Start on the left, year-5 supply on the right.
Millions of AERO minted (above zero) or removed (below zero) in each year, by mechanism.
| Year | Supply (B) | Net supply growth | Multiple | Value per AERO | Revenue to sAERO, % of entry value | Liquid holder | Staker |
|---|---|---|---|---|---|---|---|
| Year 1 | 2.308 | 9.43% | 10.0x | 1.00x | 17.05% | 1.00x | 1.19x |
| Year 2 | 2.526 | 9.03% | 10.0x | 1.01x | 16.60% | 1.01x | 1.41x |
| Year 3 | 2.763 | 8.99% | 10.0x | 1.01x | 16.22% | 1.01x | 1.66x |
| Year 4 | 3.022 | 8.98% | 10.0x | 1.02x | 15.90% | 1.02x | 1.95x |
| Year 5 | 3.306 | 8.98% | 10.0x | 1.02x | 15.62% | 1.02x | 2.29x |
M(t) = M0 x (M5 / M0)^(t / 260) and value per AERO, x entry = (1 + revenue growth)^(t / 52) x (M(t) / M0) / (supply(t) / supply at launch). The multiple is an input you choose, not a forecast.Illustrative, simplified model of draft Aero parameters. Not a forecast or advice. Values are multiples of entry value, not amounts.