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
CFTC Commissioner calls for acceleration of cryptocurrency policy reform
Sui network first downtime incident quickly fixed
SSV Network: The main network Alan is scheduled to be upgraded on November 25th
Trending news
MoreCrypto prices
More
