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BCH $447.20 -0.98%
LINK $9.10 -1.69%
HYPE $39.99 -0.03%
AAVE $93.68 -3.13%
SUI $0.9057 -2.10%
XLM $0.1598 -1.61%
ZEC $326.94 -2.49%

The ecological benefit governance platform Aura Finance will implement the updated token economics through AIP-42, effective August 17

2023-08-16 11:01:12
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ChainCatcher news, the Balancer ecosystem yield governance platform Aura Finance will implement an update on token economics through AIP-42, effective August 17. The impacts of the update include: a 15% increase in voting rewards, worth approximately $60,000 per cycle; a reduction of 1.75 million AURA tokens unlocked annually; and effectively limiting the AURA minting amount for BAL to well below 50 million units, as stipulated by the initial token economics.

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