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ETH $1,855.34 -1.75%
BNB $563.63 -0.92%
XRP $1.08 -2.31%
SOL $73.80 -2.69%
TRX $0.3294 -0.50%
DOGE $0.0692 -0.82%
ADA $0.1616 -3.35%
BCH $211.46 -0.32%
LINK $8.27 -2.64%
HYPE $57.30 -2.29%
AAVE $91.12 -4.96%
SUI $0.7026 -5.54%
XLM $0.1769 -3.74%
ZEC $477.48 -6.08%

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
Collection

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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