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ETH $2,492.79 +0.29%
BNB $750.30 -0.80%
XRP $1.42 +1.80%
SOL $103.91 +0.41%
TRX $0.3388 +0.17%
DOGE $0.0905 +0.00%
ADA $0.2189 -0.49%
BCH $257.91 +0.14%
LINK $11.98 -5.54%
HYPE $86.03 +2.35%
AAVE $128.94 -1.70%
SUI $0.8107 -1.60%
XLM $0.1883 -1.46%
ZEC $1,246.21 +8.68%

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.

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