Chakra Alignment: August 1, 2024

With summer progressing, ETH ETFs going live, and Trump wanting to accumulate a strategic Bitcoin stockpile, it's easy to feel optimistic about the space. For now, let's dive into the current state of Aura with our bi-weekly check-in.

LP Opportunities

AURA-USDC: 93% [Base] - https://app.aura.finance/#/8453/pool/11
GHO-USDC-USDT: 27% [Arbitrum] - https://app.aura.finance/#/42161/pool/70
wstETH-weETH: 14% [Optimism] - https://app.aura.finance/#/10/pool/25
wstETH-sDAI: 16% [Gnosis] - https://app.aura.finance/#/100/pool/19

Stats

vlAURA was available on Base for the first time last voting epoch. Users can lock on Base and receive vote incentives directly in USDC. So far, vlAURA on Base accounts for $39k in TVL.

Governance

Gauges:

[BIP-657] Enable APW-ETH Gauge with 2% Cap [Ethereum]
[BIP-659] Enable Gauge for [rsETH/WETH on Ethereum Mainnet]
[BIP-661] Enable Gauge for TRUF/LINK [Ethereum]
[BIP-662] Enable Gauge for ShezETH/wstETH [Ethereum]
[BIP-663] Enable wUSDM/GYD E-CLP gauge [Arbitrum]

Other Governance:

[BIP-658] Ecosystem-Council review and self-insurance cover
[BIP-660] Revise LayerZero Fraxtal Wire Up
[AIP-69] Replenish the Aura Ecosystem Fund
[BIP-664] Engage with market makers to enhance BAL liquidity on central exchanges

You can find more information about all of the governance proposals from the Aura Snapshot page.

Tweets

Aura

@AuraFinance

Have you noticed the fantastic yields on PAR and paUSD on Aura? 5 pools are earning between 27%-38% APR.

Both PAR and paUSD are overcollateralized stablecoins by @ParallelMoney.

PAR is a Euro stablecoin and paUSD is sort of obvious.

Parallel Protocol is governed by vMIMO,…

Aura

@AuraFinance

Even at 2 gwei, many are priced out of vlAURA on Ethereum. It can get expensive to vote and collect incentives.

With $vlAURA now live on Base, gas fees aren’t an issue.

Simply lock $AURA on @Base, receive USDC every week, and await the @HyperlockFi airdrop.

There’s also a new…

Balancer

@Balancer

1/ Balancer has found its ZEN.

And now you can too.

Experience the calm with our new UI/UX and refreshed brand.

balancer.fi

Aura

@AuraFinance

As @Balancer V3 progresses towards its expected launch later in the year, let’s look at one aspect that makes it unique - The Vault!

The Vault was first introduced in Balancer V2 - separating AMM logic from token management and accounting.

Balancer V2 was un-opinionated. This…

Aura

@AuraFinance

Balancer continues to be the go-to place for LRT liquidity.

There’s a new pool of LRTs that’s earning high yield, with 3x points from @mellowprotocol and 1x points from @symbioticfi.

This pool contains 5 assets:

- amphrETH
- rstETH
- Re7LRT
- steakLRT
- wstETH

DeFi moves…

Aura

@AuraFinance

Our friends at @RDNTCapital have been building through the DeFi bear market. They plan on releasing v3 soon.

For the uninitiated, Radiant is an omnichain money market. Its unique tokenomics enable RDNT to obtain deep liquidity while aligning incentives for long-term users.…

Aura

@AuraFinance

The conclusion of another voting epoch means another payday for $vlAURA holders.

Each vlAURA earned $0.018, resulting in a 59% APR.

Lock your vlAURA for 16 weeks and start collecting yield. And don't forget, it's now available on @Base!

Lock yours today at…

Aura

@AuraFinance

Most underrated aspect of @Balancer’s new UI?

It’s Aura Aware.

Now, LPs who didn't realize they could earn more by staking their Balancer positions on Aura won't miss out on yield.

Check it out today at Balancer.fi

Aura

@AuraFinance

With @Balancer V3 expected to be released later this year, let’s look at one of the innovations it brings - Custom Pools & Hooks.

Balancer isn’t just a DEX; it’s a base layer for others to build innovative AMMs on top of.

In V2, individual pools handled much of the complexity,…