{
  "schema": "money2046.onchain.v1",
  "rule": "Each /onchain analysis publishes one ratio, risk, quality, or calendar reading for an agent about to move money or take a position. It does not publish a volume, TVL, market-cap, dominance, or top-N board. Missing or failed inputs fail closed to INSUFFICIENT_EVIDENCE. OK is a reading with sources, method, confidence, and limitations — not a VERIFIED_FRESH settlement.",
  "slug": "aerodrome-emission-mix",
  "question": "Do AERO emissions pay more per fee on volatile pools than on stable pools?",
  "why_agent": "Whether the liquidity an agent would route through is the liquidity emissions are renting.",
  "metric_kind": "quality",
  "value": {
    "volatileOverStable": "6.4046",
    "stableMedianEmissionPerFee": "0.8775",
    "routedMedianEmissionPerFee": "4.3729",
    "volatileMedianEmissionPerFee": "5.6201",
    "stableShare": "0.0577",
    "routedShare": "0.4620",
    "volatileShare": "0.4801"
  },
  "unit": "times",
  "as_of": "2026-10-06T16:41:52.390Z",
  "sources": [
    {
      "name": "DefiLlama yields (free)",
      "url": "https://yields.llama.fi/pools"
    }
  ],
  "method_url": "/onchain/aerodrome-emission-mix/#method",
  "confidence": "low",
  "limitations": [
    "A pool is stable when every symbol leg is on the fiat-stable list, routed when exactly one leg is, and volatile otherwise. cbBTC and WETH are not stables.",
    "The headline is the volatile median emissions-per-fee divided by the stable median. Pool size cancels inside each ratio and is not used to weight the median.",
    "Each class needs a fee yield. Pools that pay rewards and show no fee yield stay in the other reading.",
    "Vote-bribe versus organic is unmeasured. The free yields feed has no bribe leg.",
    "A mis-tagged symbol moves a pool into the wrong class. That is a limitation, not a correction invented here."
  ],
  "status": "OK"
}