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ETH $1,878.56 -0.19%
BNB $605.48 -0.81%
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SOL $75.36 -0.09%
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SUI $0.6749 -1.44%
XLM $0.1568 -1.34%
ZEC $486.94 -0.97%
BTC $63,000.80 -0.11%
ETH $1,878.56 -0.19%
BNB $605.48 -0.81%
XRP $0.9992 -0.60%
SOL $75.36 -0.09%
TRX $0.3309 -0.44%
DOGE $0.0696 -0.73%
ADA $0.1765 -1.93%
BCH $202.95 -1.30%
LINK $9.36 -0.91%
HYPE $57.02 +1.61%
AAVE $86.04 -1.04%
SUI $0.6749 -1.44%
XLM $0.1568 -1.34%
ZEC $486.94 -0.97%

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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