The Aave community will purchase 400,000 USDC worth of AURA tokens to strengthen the liquidity incentive strategy on Balancer

ChainCatcher message, the Aave community's proposal to "acquire more AURA to strengthen Aave DAO's liquidity incentive strategy on Balancer" has been approved, and will purchase AURA tokens worth 400,000 USDC.

Aave DAO will use the existing B-80BAL-20WETH assets to mint auraBAL and stake it in the Aura Finance staking pool. Additionally, it will purchase AURA worth 400,000 USDC in the market, exchanging 200,000 USD worth of AAVE for AURA in an OTC transaction with AURA DAO, and converting 200,000 USDC into AURA; the proceeds will be sent to the GHO Liquidity Committee (GLC) for operations.