Mellow winds down Autopilot in preparation for Aero launch

Aero: Aero is the upcoming automated liquidity management solution developed by Mellow for use on Aerodrome and Velodrome Finance. It aims to provide hands-free liquidity positioning and rebalancing for users. This news centers on its preparation for launch, which involves shutting down the prior Autopilot system. Mellow: Mellow is a DeFi protocol focused on automated liquidity management solutions for concentrated liquidity pools. It operates through its ALM toolkit, which handles range adjustments and rebalancing for liquidity providers on platforms like Aerodrome. In the context of this news, Mellow is transitioning its existing service to launch the new Aero solution, prompting the wind-down of prior automation features. Autopilot: Autopilot is the user-facing name for Mellow's current automated liquidity management feature on Aerodrome. It automatically handles concentrated liquidity ranges and rebalances for deposited positions. The news indicates it is being wound down in preparation for the Aero launch, advising liquidity providers to withdraw to prevent out-of-range issues. Velodrome Finance: Velodrome Finance is a decentralized exchange and liquidity protocol operating on the Optimism network, with close integration to its sister project Aerodrome on Base. It supports veTokenomics and liquidity incentives for various trading pairs. The news references it as one of the platforms where Mellow's Aero solution will operate following the Autopilot wind-down. Product Transition: Mellow is shifting from its existing Autopilot automation to the new Aero solution for liquidity management on Aerodrome and Velodrome Finance. User Action Recommended: Liquidity providers using the current system are advised to withdraw deposits ahead of the change to maintain control over their positions.