Aura Finance is a protocol that is built on top of the Balancer platform. Through the social aggregation of BAL deposits and Aura’s native token, the protocol provides maximum incentives to Balancer liquidity providers and BAL stakers.
Recently, despite the bear market, a silent war for DeFi liquidity continues to happen in the DeFi space.
The Balancer wars are getting more complicated as there has been a heavy focus on not only accumulating BAL tokens but also veBAL, the vote-escrowed token of Balancer.
What Is Aura Finance?
With Aura, DAOs can optimize liquidity for native tokens or other liquidity pairs that they want to direct rewards to and can use Aura to better direct rewards than any other way.
The protocol has integrated with Hidden Hand so that DAOs can deploy voting incentives to pools they want BAL and AURA emissions routed toward, at a rate of around ~$2 of BAL and AURA for every $1 of voting incentives. This allows users…