Aura

Aura Finance is boosting DeFi stakeholders' yield potential and governance power, starting with Balancer. Aura Finance is a protocol built on top of the Balancer system to provide maximum incentives to Balancer liquidity providers and BAL stakers (into veBAL) through social aggregation of BAL deposits and Aura’s native token. For BAL stakers, Aura provides a seamless onboarding process to veBAL, by creating a tokenised wrapper token called auraBAL that represents the 80/20 BPT locked up for the maximum time in VotingEscrow. This can be staked to receive existing rewards (BAL and bbaUSD revenue) from Balancer, in addition to Aura system revenue in the form of BAL, and additional AURA. Users can trade their auraBAL back to BAL at any time.