BTC $63,067.09 +0.52%
ETH $1,882.49 +0.40%
BNB $608.90 +0.44%
XRP $1.00 +1.02%
SOL $75.56 +0.68%
TRX $0.3310 -0.34%
DOGE $0.0698 +0.18%
ADA $0.1773 -0.71%
BCH $203.37 -0.05%
LINK $9.55 +6.82%
HYPE $57.05 +1.51%
AAVE $86.60 +1.51%
SUI $0.6798 +0.61%
XLM $0.1585 +1.25%
ZEC $488.86 -0.24%
BTC $63,067.09 +0.52%
ETH $1,882.49 +0.40%
BNB $608.90 +0.44%
XRP $1.00 +1.02%
SOL $75.56 +0.68%
TRX $0.3310 -0.34%
DOGE $0.0698 +0.18%
ADA $0.1773 -0.71%
BCH $203.37 -0.05%
LINK $9.55 +6.82%
HYPE $57.05 +1.51%
AAVE $86.60 +1.51%
SUI $0.6798 +0.61%
XLM $0.1585 +1.25%
ZEC $488.86 -0.24%

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.

app_icon
ChainCatcher Building the Web3 world with innovations.