Chakra Alignment: January 1st, 2025

Happy New Year! Let’s take a moment to recap some of the exciting developments within the Aura ecosystem during December.

AURA Buyback: AIP-72

The proposal to reallocate $1M from the treasury to purchase and lock $AURA has passed. This strategic move will not only reduce circulating supply with minimal dilution on existing vlAURA holders but also enable the treasury to secure a source of funding for operations. The plan involves setting CoWSwap limit orders between $0.45-$0.50 over four weeks, targeting the acquisition of approximately 2M $AURA.

Balancer V3 Launched

On December 11th, Balancer v3 officially launched, quickly drawing in $28M in liquidity and setting the stage for a new era of AMM innovation. There were two exciting X Spaces —one celebrating the launch and another with Stani from Aave. For those who haven’t kept up on the details, now’s a great time to learn more about v3.

Boosted Pools Enhance vlAURA

Boosted Pools in v3 are a standout feature, enabling LPs to tap into yields from lending markets as well as traditional liquidity pools. This not only enhances returns but also significantly broadens vlAURA's utility. Now, protocols can leverage vlAURA to incentivize activities across both lending and liquidity spheres. Keep an eye out for new Boosted Pools on the Aura frontend soon!

vlAURA Incentives Up

The last voting epoch was one of the best of the year for vlAURA voters. Hidden Hand alone accounted for $432k of incentives - a 93% APR, while Paladin Quests contributed an additional $137k.

Hyperlock

Bootstrapping a new ecosystem takes time, but that's what's happening with Aura's franchise on Blast. As a reminder, AURA lockers receive weekly $HYPER airdrops, which are claimable here.

BIP-734

With the launch of Bal v3, a recently approved proposal is set to make Balancer significantly more attractive for LPs and protocols. By reducing fees on yield-bearing tokens from 50% to 10%, a 407% increase in LP profitability is anticipated. The proposal also refines the core pool mechanics to optimize performance. Learn more.