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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

CointimeCointime2024/02/06 02:30
By:Cointime

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.

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