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BCH $445.79 -1.76%
LINK $9.25 -3.89%
HYPE $43.69 -2.87%
AAVE $98.99 -13.92%
SUI $0.9563 -4.10%
XLM $0.1711 -1.42%
ZEC $325.29 -3.09%

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
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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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