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ETH $1,879.45 +0.01%
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XRP $1.00 -0.18%
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TRX $0.3309 -0.51%
DOGE $0.0697 -0.36%
ADA $0.1768 -1.41%
BCH $203.35 -1.20%
LINK $9.35 -0.31%
HYPE $57.21 +1.73%
AAVE $85.95 -1.01%
SUI $0.6761 -0.92%
XLM $0.1567 -1.05%
ZEC $486.79 -0.67%

Aura Finance announced that the token issuance will be reduced by 12% and will decrease every two years

2024-02-06 10:58:00

ChainCatcher news, the Balancer ecosystem revenue governance platform Aura Finance announced on social media that Aura is about to welcome an optimized token economy and a sustainable long-term issuance method.

Aura will immediately reduce the total token issuance by 12% and plans to reduce it every two years in the coming years, while maintaining a stable annual interest rate and prioritizing aura BALLP and AURA. Various optimization strategies will be adopted to enhance AURA/ETH liquidity, which will double the annual interest rate of AURA/ETHLP. It will also eliminate the underlying yield of vlAURA by redirecting vlAURA fees to AURA/ETH liquidity incentives.

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