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.
Governance
[BIP-734] Balancer V3 Launch and Protocol Enhancements
[BIP-737] Authorize Mimic Smart Vaults for Fee Processing on Balancer v2 for Polygon zkEVMNew Gauges
[BIP-738] Request for Additional Marketing Funding to Maximize Balancer v3 Launch Impact
[BIP-739] Delegate Gyroscope GGU to DAO Participants
[BIP-741] Grant V3 Permissions to Maxis and Emergency DAO Multisigs
[BIP-742] Monthly Spending Accountability Framework for Balancer DAO
[BIP-748] Permissions Policy Update Request #5 (ETH Mainnet)
[BIP-749] Grant 'add_reward Permissions to Maxis’ Omnichain Multisig
New Gauges
[BIP-735] Enable lpETH/wETH Gauge [Ethereum] with a 2% cap
[BIP-736] Enable GHO/PYUSD E-CLP Gauge Ethereum
[BIP-740] Enable kaiAURA / AURA Gauge on (Ethereum) with a 2% cap
[BIP-743] Enable USR/GYD gauge [Ethereum]
[BIP-745] Enable eBTC-WBTC Gauge [Ethereum]
