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Aura Finance: Aura will reduce the total token supply by 12% and plans to reduce it every two years in the next few years

Aura Finance: Aura will reduce the total token supply by 12% and plans to reduce it every two years in the next few years

Cointime2024/02/06 02:30
By: Cointime
AURA10.00%ETH-2.79%AURA0.00%

Aura Finance, the governance platform for Balancer ecosystem revenue, announced that Aura will reduce the total token supply by 12% and plans to do so every two years in the future while maintaining a stable annual interest rate and prioritizing aura BALLP and AURA. Aura will adopt various optimization strategies to increase AURA/ETH liquidity, which will double the annual interest rate of AURA/ETHLP. It will also eliminate the basic yield of vlAURA by redirecting vlAURA fees to AURA/ETH liquidity incentives.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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