BTC $62,941.16 -0.06%
ETH $1,878.83 +0.01%
BNB $605.94 -0.82%
XRP $0.9994 -0.22%
SOL $75.19 -0.01%
TRX $0.3311 -0.19%
DOGE $0.0697 -0.34%
ADA $0.1762 -1.44%
BCH $203.55 -0.49%
LINK $9.39 +0.75%
HYPE $57.35 +2.51%
AAVE $85.77 -1.48%
SUI $0.6767 -0.88%
XLM $0.1567 -0.86%
ZEC $485.79 -0.61%
BTC $62,941.16 -0.06%
ETH $1,878.83 +0.01%
BNB $605.94 -0.82%
XRP $0.9994 -0.22%
SOL $75.19 -0.01%
TRX $0.3311 -0.19%
DOGE $0.0697 -0.34%
ADA $0.1762 -1.44%
BCH $203.55 -0.49%
LINK $9.39 +0.75%
HYPE $57.35 +2.51%
AAVE $85.77 -1.48%
SUI $0.6767 -0.88%
XLM $0.1567 -0.86%
ZEC $485.79 -0.61%

The ecological benefit governance platform Aura Finance will implement the updated token economics through AIP-42, effective August 17

2023-08-16 11:01:12

ChainCatcher news, the Balancer ecosystem yield governance platform Aura Finance will implement an update on token economics through AIP-42, effective August 17. The impacts of the update include: a 15% increase in voting rewards, worth approximately $60,000 per cycle; a reduction of 1.75 million AURA tokens unlocked annually; and effectively limiting the AURA minting amount for BAL to well below 50 million units, as stipulated by the initial token economics.

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