BTC $78,708.87 -0.53%
ETH $2,494.65 +0.29%
BNB $754.89 +2.05%
XRP $1.43 +2.47%
SOL $103.97 -0.11%
TRX $0.3395 +1.62%
DOGE $0.0902 +0.08%
ADA $0.2261 +2.22%
BCH $259.32 -1.35%
LINK $12.73 -1.54%
HYPE $84.12 -1.74%
AAVE $129.91 -1.62%
SUI $0.8271 +1.10%
XLM $0.1910 -0.51%
ZEC $1,184.46 +1.41%
BTC $78,708.87 -0.53%
ETH $2,494.65 +0.29%
BNB $754.89 +2.05%
XRP $1.43 +2.47%
SOL $103.97 -0.11%
TRX $0.3395 +1.62%
DOGE $0.0902 +0.08%
ADA $0.2261 +2.22%
BCH $259.32 -1.35%
LINK $12.73 -1.54%
HYPE $84.12 -1.74%
AAVE $129.91 -1.62%
SUI $0.8271 +1.10%
XLM $0.1910 -0.51%
ZEC $1,184.46 +1.41%

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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