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TechFlow news: According to the governance page, the Aave community has passed a proposal to "purchase $400,000 worth of AURA tokens." The Aave DAO will use its existing B-80BAL-20WETH assets to mint auraBAL and stake it into AuraFinance's staking pool. Specifically, in an off-chain transaction with the AURA DAO, $200,000 worth of AAVE will be exchanged for AURA, and $200,000 worth of USDC will be exchanged for AURA.
The governance page shows that the Aave community has passed a proposal to "purchase $400,000 worth of AURA tokens." The Aave DAO will mint auraBAL using its existing B-80BAL-20WETH assets and stake it into AuraFinance's staking pool. Specifically, it will conduct an over-the-counter trade with the AURA DAO, exchanging $200,000 worth of AAVE for AURA and another $200,000 worth of USDC for AURA.
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