Aura Finance: Proposal on “Optimizing AURA Token Economics and Reduce Release” Voted Passed
Aura Finance, a Balancer ecosystem yield management platform, announced on X platform that Proposal AIP-63 has been approved by the community, aiming to optimize the AURA token economics and reduce its release.
Aura Finance: Aura will reduce the total token supply by 12% and plans to reduce it every two years in the next few years
Aura Finance, the governance platform for Balancer ecosystem revenue, announced that Aura will reduce the total token supply by 12% and plans to do so every two years in the future while maintaining a stable annual interest rate and prioritizing aura BALLP and AURA. Aura will adopt various optimization strategies to increase AURA/ETH liquidity, which will double the annual interest rate of AURA/ETHLP. It will also eliminate the basic yield of vlAURA by redirecting vlAURA fees to AURA/ETH liquidity incentives.
Aave community passes proposal to “purchase AURA tokens worth $400,000”
According to relevant page information, the Aave community passed a proposal to "purchase AURA tokens worth 400,000 USDC". Aave DAO will use existing B-80BAL-20WETH assets to mint auraBAL, which will be staked in Aura Finance's staking pool.
