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

2024-02-06 10:58:00
Collection

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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