Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Aura Finance will reduce the token supply by 12% and decrease it every two years

Aura Finance will reduce the token supply by 12% and decrease it every two years

2024/02/06 02:37

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.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization

As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.

智通财经•2026/10/30 23:42
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization

AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments

S&P Global Ratings has revised Meta's credit rating outlook from “stable” to “negative,” citing the company's continued expansion of artificial intelligence (AI) capital expenditures, which has turned free cash flow negative. There remains uncertainty over whether these significant AI investments will generate sufficient returns in the coming years.

智通财经•2026/10/30 23:42
AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments