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Boosting DeFi stakeholders' yield potential and governance power, starting with Balancer.
Fresh capital ready to deploy — are you parking it in stables or riding with ETH?
USDC | yUSDC earning 12% APR @GetYieldFi
ETH | WOETH earning 12% APR @OriginProtocol
https://x.com/AuraFinance/status/1912136705160736989
In October, the auraBAL Compounder bought $240,954 worth of auraBAL.
Utilizing its dominant 67% share of veBAL voting power, Aura can provide boosted rewards to @Balancer LPs. Fees get converted to auraBAL and staked in the Compounder.
Currently, auraBAL yields 24.3% vAPY.
https://x.com/AuraFinance/status/1856740244244062346
🚨 New Pool Alert 🚨
$GHO + $wUSDL on Arbitrum
Since everyone decided to just use Aave, $GHO has been showing up in tons of Aura pools.
Lift Dollar (USDL) might be new to you. TLDR: Regulated, returns yields to holders, and minted by Paxos Intl. LPs earn:
✅ Trading Fees
✅ AURA and BAL emissions
✅ Extra $GHO incentives
https://app.aura.finance/#/42161/pool/92
https://x.com/AuraFinance/status/1856013345695911944
Have you noticed the APR ranges on Balancer before? The APRs are partially dependent on the amount of veBAL you hold.
With Aura, you don’t have to know anything about veBAL. You can simply deposit and earn boosted yields.
Amplify your Liquidity on Aura 🌊
https://x.com/AuraFinance/status/1854213957109559636
Pools featuring Ethena Labs sUSDe and USDe have taken off on Aura. They offer:
✅ High Yield
✅ 30x Sats
Paired against various tokens and with pools on Ethereum, Arbitrum, and Fraxtal, there are plenty of ways to stack sats while earning yield!
https://x.com/AuraFinance/status/1853445740493672510
~$317k in vote incentives were distributed to vlAURA voters in the most recent voting epoch, with a close split between Paladin_vote and HiddenHandFi.
vlAURA voters collect real yield, paid out every two weeks, for their role in directing emissions across Balancer gauges.
https://x.com/AuraFinance/status/1851987263929843920
Although most know @Puffer_Finance for the pufETH LRT, they’re a leading innovator in Ethereum infrastructure, focusing on next-generation rollups supported by liquid restaking (LRT) and preconfirmation as an AVS. 🌟
Puffer UniFi is a based rollup offering instant L1 withdrawals and synchronous composability, leveraging its decentralized Ethereum validators set. UniFi AVS is a fast, secure preconf service built on @eigenlayer, enabling ~100ms transaction confirmations. 🐡
https://x.com/AuraFinance/status/1850925229956100137
To become an Aura Delegate, visit https://forum.aura.finance/c/delegate-citadel.
To delegate to Aura, visit https://app.aura.finance/#/lock.
Gauge Weight for Week of 24th October 2024
https://vote.aura.finance/#/proposal/0x92210213b7685eca71b046724cfee9afd0375b938412ad30e479610caa0a2d4c
[BIP-726] Adopt The SEAL Safe Harbor Agreement
https://vote.aura.finance/#/proposal/0x9e7743abe2623106c8d15d7c15e0827ca2f0bc5f4009f6fea44ae92d53fd094a
[BIP-727] Enable wstETH-weETHs Gauge [Ethereum]
https://vote.aura.finance/#/proposal/0x1014fe6418510df2f0bf99b2e748c7b1978e9d62866066a45b284aa7bdf67cd8
Since inception, LPs on Aura have typically earned over 70% of all BAL emissions.
Amplify your Liquidity on Aura 🌊
https://x.com/AuraFinance/status/1849089198596214920
October is on pace to be the second-highest month ever for decentralized exchanges' share of trading volume.
Is that a DeFi renaissance in the air?
https://x.com/AuraFinance/status/1848389988452339946
To become an Aura Delegate, visit https://forum.aura.finance/c/delegate-citadel.
To delegate to Aura, visit https://app.aura.finance/#/lock.
[BIP-719] Adopt The SEAL Safe Harbor Agreement
https://vote.aura.finance/#/proposal/0x4ec84d72125643e35f268db2c12720c3a42197cf1865f0f48b8f33990e3e2362
[BIP-720] Manual Relock of Balancer DAO's vlAura
https://vote.aura.finance/#/proposal/0x571c32970b8ea6d4bf05d596aea4a191aee8313d918c7ad5cdf0c061c7dc086e
[BIP-721] Balancer to act as a Technical Delegate in the Polygon Governance System
https://vote.aura.finance/#/proposal/0xa5ce9c48c916772931fa82feb02ce7243cf6f288cb9a782f94bb35bad8973780
[BIP-722] Kill Stale Gyroscope ECLP Gauges
https://vote.aura.finance/#/proposal/0xb30695b7661de330c160406a125698b5f49bb9689e658fdb6e6d4c057408d629
[BIP-723] Enable two E-CLP gauges [Gnosis]
https://vote.aura.finance/#/proposal/0x55faf5753db825e32552ce8b2e637ea469f8093e680c8c3e23f5dd5c5ef27ef0
[BIP-724] Enable GYD/aUSDT gauge [Polygon PoS]
https://vote.aura.finance/#/proposal/0x97d7b182f33645623347b611b43b739141cf09bd8a2d9f867ea28d583a93dea1
[BIP-725] Enable hETH-wstETH Gauge [Ethereum]
https://vote.aura.finance/#/proposal/0x51a34103b01120dc2d566d11a64db9dc1748af97fa0488e9ce02fdbb92af275a
[BIP-726] Enable MORE/USDC gauge [BASE]
https://vote.aura.finance/#/proposal/0xfb0ec5fb8cede047d8615f7844a7e9cde20ed379a5b5a5e65b26defe58182ce2
For protocols looking to incentivize liquidity on Balancer, locking AURA provides an economical way to direct emissions and increase pool TVL.
While not an apples-to-apples comparison, locking AURA is about 2x as efficient as locking veBAL, with a shorter lock duration.
https://x.com/AuraFinance/status/1846551616616268203
2% of the overall $HYPER supply will be rewarded during the 2-week hyperTHRUST bootstrapping event.
To take part, you can take $THRUST and mint hyperTHRUST. That hyperTHRUST is max-locked, enabling @hyperlockfi to kickstart its yield-boosting flywheel.
hyperTHRUST is a liquid token, and stakers also receive veTHRUST fees and Hyperlock platform fees.
https://app.hyperlock.finance/#/bootstrap
https://x.com/AuraFinance/status/1846152150612652119
BIP-713 passed Balancer governance, signaling that the launch of Balancer V3 is getting close.
The proposal approved funds for a SpearbitDAO Cantina audit competition, scheduled to start on October 15th and last for three weeks.
Build on Balancer 🛠️
Amplify your Liquidity on Aura 🌊
https://x.com/AuraFinance/status/1844736759248327078
The largest liquidity pool for @aave’s GHO stablecoin is on @Balancer.
The GHO-USDT-USDC pool on Ethereum ensures there’s deep liquidity for $GHO, while LPs who stake via Aura receive boosted rewards.
https://app.aura.finance/#/1/pool/157
https://x.com/AuraFinance/status/1844374404622639271
Over $350k has been distributed to vlAURA voters in the latest bi-weekly epoch.
Through @HiddenHandFi and @Paladin_vote, vlAURA voters are paid to direct incentives in the @Balancer ecosystem.
With vlAURA now deployed on Base, Mainnet gas fees aren’t an issue.
🔒 https://app.aura.finance/#/1/lock
https://x.com/AuraFinance/status/1857090074732613894
DeFi Renaissance (real) inevitably leads to DeFi Wars.
How long until everyone realizes their tokens are going to need a lot more liquidity over the coming years?
Forward thinking protocols like @aave, @GnosisDAO, @AlchemixFi, and @TheTNetwork have already been accumulating.
https://x.com/AuraFinance/status/1856351044436935163
Swaps on Balancer are consistently outnumbering their highs from the 2021 bull market.
Build on Balancer 🛠️
Amplify your Liquidity on Aura 🌊
app.Aura.finance
https://x.com/AuraFinance/status/1854538263123386507
In one year, vlAURA voters have earned $2,632,190 via Quests V2 on Paladin.
Many protocols prefer Quests as they allow them to target a specific amount of votes, fixing the rate of rewards per vote.
Here’s how vlAURA holders can use @Paladin_vote to earn voting incentives. 👇
First, if you don’t want to think about any of this, you don’t have to. You can delegate your vlAURA to Paladin-voter.eth, receive USDC rewards, and claim them anytime. It’s about as easy as it gets.
Manually voting on a Quest can be intimidating at first, but simple enough once you understand how it works.
Ranged Quests are the most popular, establishing a min and max APR based on total votes. Initially, all voters earn the max APR until the minimum vote target threshold is met, after which, the APR decreases for all voters until the min APR is reached. After that point, no additional voters receive rewards.
Voters can collect their rewards each Thursday, distributed in USDC.
Current Quests here:
https://quest.paladin.vote/#/aura
https://x.com/AuraFinance/status/1853813315459268858
Let’s align our chakras with a look back at everything that happened within the Aura ecosystem in October.
TLDR:
- Revenues about 2x higher than reported
- Hyperlock TGE
- Balancer v3 fast approaching
- 19 new gov. proposals passed
https://blog.aura.finance/chakra-alignment-011124
https://x.com/AuraFinance/status/1852347732909822198
Have you noticed the consistently impressive yields on @Gnosischain?
As a top vlAURA holder, Gnosis DAO controls 9.15% of the vlAURA votes. The experts at @KarpatKey manage their treasury, strategically leveraging their vlAURA reserves to grow the ecosystem.
https://x.com/AuraFinance/status/1851657727501533441
There are opportunities on Blast for the adventurous. Aura’s Franchise, Hyperlock, is providing yield boosting services for Thruster LPs. In its first epoch on HiddenHand, $12k in vote incentives were distributed to vlHYPER voters.
As a reminder, 2% of the $HYPER supply was airdropped to vlAURA holders and 9% will be streamed to vlAURA over the next three years.
https://app.hyperlock.finance/#/claim
https://x.com/AuraFinance/status/1849827627604832619
Liquidity pools with uneven asset splits are only available on @Balancer. The 80/20 pool composition is popular with protocols.
These pools, holding 80% Gov token, offer unique benefits for LPs on Aura:
- Lower Impermanent Loss
- High upside exposure to Gov tokens
- Hedging
https://x.com/AuraFinance/status/1849448255404290488
“Just Use Aave.” Before it was a popular saying on CT, the people at @GyroStable had already built it into their pools on @Balancer.
waUSDT, waGHO, waUSDCn, waFRAX…
More simply, these are receipt tokens for stablecoins deployed in @aave’s lending markets, allowing LPs to capture an additional source of yield.
- Yield from Aave
- AURA and BAL emissions
- Trading Fees
Build on Balancer 🛠️
Amplify your Liquidity on Aura 🌊
https://x.com/AuraFinance/status/1848719162866069676
Autopilot, launched by TokemakXYZ, aims to make LPs’ lives easier by automatically rebalancing liquidity on Balancer to stay optimally allocated on a risk-adjusted basis.
ETH, along with 10 LSTs and LRTs, have been approved for the Balancer Autopool.
A user deposits ETH and receives balETH, a yield-bearing ERC-4626 receipt token. That ETH is then used across various Balancer pools containing the approved assets, with earnings auto-compounded.
In just a few weeks, balETH has already attracted over $10M in TVL. The new balETH-wstETH pool is also being incentivized on Aura, providing an attractive opportunity for LPs.
https://app.aura.finance/#/1/pool/231
https://x.com/AuraFinance/status/1847258919355191475
Most data sources are underestimating how much revenue AURA is earning.
Aura’s own stats page, which shows $35.17m in lifetime vote incentives distributed to vlAURA holders, only looks at the Hidden Hand marketplace.
In the last epoch, Paladin Quests surpassed Hidden Hand as the primary marketplace for vote incentives for the first time and had their largest round ever on Aura.
P.S. Paladin is working on an API to streamline the data.
https://x.com/AuraFinance/status/1846911567415177367
There’s one thing everyone in crypto can agree on. The rise of stablecoins is inevitable.
Stablecoins as a % of total onchain transaction volume has grown from 2.4% to 53% over the past five years.
Stripe enabled USDC payments for US businesses. BlackRock’s BUIDL has surpassed $500M in TVL while PayPal’s pyUSD is around $700M. Visa announced a tokenization platform to bring banks onchain. Robinhood and Revolut are exploring launching stablecoins.
Balancer has been building for this world where stablecoin TVL goes up only.
By emphasizing yield-bearing token liquidity, Balancer has seen growth within the LST/LRT sector and with yield-bearing stablecoins.
With the upcoming V3 release, Balancer will continue to innovate with facilitating stablecoin swaps. One example is the StableSurge hook which offers peg protection via a tax on sellers who hurt the peg once a threshold is reached.
Aura, sitting on top of Balancer, will help these coming stablecoin issuers incentivize their pools and deepen liquidity while enabling boosted yields for LPs.
https://x.com/AuraFinance/status/1846218610429116692
High-yielding GYD pools have been a common sight on Aura lately.
GYD, Gyroscope’s stablecoin, was designed with resiliency in mind. Risks are stratified so an individual vault could fail without creating spillover risks for the entire system.
Currently, this means it’s backed by DAI in the DSR, USDT on Aave, USDC on Flux, and a crvUSD-LUSD LP.
As an added bonus, these pools are also eligible for Gyro Scope SPIN points.
Build on Balancer 🛠️ Amplify your Liquidity on Aura 🌊
https://x.com/AuraFinance/status/1845918040153579957
To become an Aura Delegate, visit https://forum.aura.finance/c/delegate-citadel.
To delegate to Aura, visit https://app.aura.finance/#/lock.
Gauge Weight for Week of 10th October 2024
https://vote.aura.finance/#/proposal/0x3220c1c5c2a02676e9df058cdd576a474ace75f183616d53bd0f5106aeb20cd5
[BIP-714] Allocate 250,000 USDT to sGYD
https://vote.aura.finance/#/proposal/0x18631092c7812379ded8d36cb175a5ac84c9834d6f0f4867aa43fe50703ab4a9
[BIP-715] Enable Automatic Aura Relocking
https://vote.aura.finance/#/proposal/0xa0825982025015007164004e7d6098d91626597f6d4d6c5633a48904d64d2106
[BIP-716] Enable USDC/GYD Gauge [Ethereum]
https://vote.aura.finance/#/proposal/0xdbbec55f264afd5e6ede2741dbc97562527a127a93d3eea2ceb687a479206ddc
[BIP-717] Enable GHO/wUSDL Gauge on Arbitrum
https://vote.aura.finance/#/proposal/0x5886438f876fa85d4bbd1eba983eb831c24cacc02b5cb0fe451902eacbfe7686
[BIP-718] Enable Gauge for dvstETH / wstETH (Ethereum)
https://vote.aura.finance/#/proposal/0xba023df048093c99f32675a69ea5dc6251c462eb1f7de63be63491e3572fe737
The $HYPER airdrop is now available for anybody who:
✅ Held vlAURA at the time of the snapshot.
✅ Staked Thruster LP tokens on Hyperlock.
Claim here: http://claim.hyperlock.finance
Aura's first franchise, Hyperlock, is designed to boost yields for LPs on Thruster, the leading DEX on Blast, while increasing THRUST locks and incentivizing deeper liquidity.
$HYPER tokens can be claimed immediately with a 50% penalty or in whole when locked for 16 weeks as vlHYPER.
If you’ve earned points as a Hyperlock user, you’ll also be eligible for the $THRUST airdrop. Half of which will be distributed as $THRUST, and the other half can be claimed as veTHRUST or hyperTHRUST.
https://x.com/AuraFinance/status/1844014017221722539