Aura Finance will reduce the token supply by 12% and decrease it every two years
Balancer's ecological income governance platform Aura Finance stated in a post on X that Aura will immediately reduce the total token issuance by 12% and plans to reduce it every two years in the future, while maintaining annual interest rates stable and prioritizing aura BALLP and AURA.
Aura will adopt various optimization strategies to enhance 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 incentivize AURA/ETH liquidity.
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.
You may also like
Federal Reserve Beige Book: Most districts expect slight and moderate economic growth
Trending news
MoreThe European Union has streamlined the list of companies from France, Sweden, and the United Kingdom for the management of its established Scaleup Europe Fund program.
According to sources, the US Department of Justice is conducting an antitrust investigation into the global fertilizer industry, involving several international giants.