TechFlow reports that Aura Finance, a yield governance platform in the Balancer ecosystem, has tweeted that AIP-42 has previously passed voting and updates to its tokenomics will take effect on August 17.
The impacts of the update include: a 15% increase in voting rewards, worth approximately $60,000 per cycle; an annual reduction of 1.75 million AURA tokens unlocked; and effectively limiting the AURA minting for BAL well below 50 million tokens as stipulated by the initial tokenomics.
Add to Favorites
Share to Social Media
