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
Waiting for the final dip? Morgan Stanley: This round of correction may end with quality stocks catching up with declines
Morgan Stanley strategist Michael Wilson pointed out that the quality factor has risen by about 6% since mid-August, reaching a new 52-week high, while the equal-weighted S&P 500 index has fallen by nearly 4% over the same period. Currently, financial conditions have tightened to their highest levels since 2022, and the outperformance of large-cap stocks is masking a significant pullback in other individual stocks. He stated that medium-term corrections in the stock market often end with a catch-down in high-quality stocks.
BUZZ - Eli Lilly stock hits all-time high as healthcare shares rise
BUZZ-Tradeweb hits over 6-month high on about $2 billion Trumid deal
Crypto prices
More
