Aura Finance Passed AIP-42, and the Updated Token Economics Will Take Effect on August 17

08/16 03:30

Aura Finance, the Balancer ecosystem yield governance platform, will implement updates on token economics through AIP-42 on August 17th. The updated impacts include: a 15% increase in voting rewards, worth approximately $60,000 per cycle; a reduction of 1.75 million AURA tokens unlocked per year; and effective limitation of the AURA minting for BAL within the range of less than 50 million units, as per the initial token economics.

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