Out of Beta, Into the Future
40acres provides self repaying loans to veAERO and veVELO holders.
From day one, we believed there needed to be a simple, effective lending platform for veNFT holders.
That belief led us to launch 40Acres just 3 months ago as an open beta.
Since then, we’ve listened, learned, iterated—and above all, delivered value. The community noticed. And the numbers speak for themselves.
💥 What We've Built Together
$4.5 million in Total Value Locked (TVL)
$1,150,000+ in loans underwritten
$100,000+ in veNFT rewards distributed
5th largest veVELO holder
11th largest veAERO holder
$800,000+ in USDC on-platform
A Sherlock audit completed
And we achieved all this during one of the most challenging market environments in both crypto and traditional finance.
Despite volatility, illiquidity, and macro headwinds, 40Acres performed flawlessly—a huge shoutout to to the 40acres team putting in the extra hours these past 6 months!
🚀 What’s Next?
With our Sherlock audit complete and proven usage across the board, we’re thrilled to say:
🎉 40Acres is officially out of beta.
Here’s what that means for you:
🏆 Early adopter rewards are on the way. Thank you for your trust.
🎯 Points + incentive program launching soon.
🔐 New features will be rolling out in the coming weeks.
All audited of course!!
✊🏽 Just Getting Started
Once again huge thank you to all the early adopters for believing in us over the past 3 months! You are the reason that we are able to confidently move 40acres from beta to a fully live product! We will continue building and providing as much value as we can for the velodrome and aerodrome community.
We’ve laid the foundation, but this is only the first chapter.
Cheers
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Excited about 40Acres! Looking forward for a great future for Base and Aerodrome with this amazing service.