BTC $78,798.87 +0.59%
ETH $2,484.50 +0.46%
BNB $748.76 -0.57%
XRP $1.42 +1.71%
SOL $103.31 +0.37%
TRX $0.3387 +0.22%
DOGE $0.0902 +0.71%
ADA $0.2171 -0.26%
BCH $257.27 +0.67%
LINK $12.05 -3.84%
HYPE $85.79 +2.69%
AAVE $128.50 -1.30%
SUI $0.8033 -1.45%
XLM $0.1870 -1.28%
ZEC $1,246.76 +8.07%
BTC $78,798.87 +0.59%
ETH $2,484.50 +0.46%
BNB $748.76 -0.57%
XRP $1.42 +1.71%
SOL $103.31 +0.37%
TRX $0.3387 +0.22%
DOGE $0.0902 +0.71%
ADA $0.2171 -0.26%
BCH $257.27 +0.67%
LINK $12.05 -3.84%
HYPE $85.79 +2.69%
AAVE $128.50 -1.30%
SUI $0.8033 -1.45%
XLM $0.1870 -1.28%
ZEC $1,246.76 +8.07%

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.