For Liquidity Providers
Deposit BPTs
What are BPTs
Balancer Pool Tokens (or BPTs) are received from https://app.balancer.fi/#/ for depositing assets into a liquidity pool. Read more on their docs.
Balancer Gauges
These BPTs can be staked in Balancer Gauges to earn BAL
rewards. Depositors are given a "boost" up to 2.5x based on their veBAL
balance (https://app.balancer.fi/#/vebal). To get a veBAL
balance, users usually need to lock up BAL
in the Balancer VotingEscrow. That's where Aura comes in...
Aura for Balancer LPs
Aura gives users the ability to continue receiving their trading fees but at higher APY due to Aura's protocol owned veBAL
. Simultaneously Aura LPs will benefit from protocol native (AURA
) tokens in the form of rewards.
Aura provides users the ability to maximize yield on their BPT
whilst offering exposure to the governance token of a protocol with the economic weight of substantial veBAL
.
AURA governance tokens, which are used to direct the voting power of the veBAL in AURAbal are minted alongside BAL earned and paid to LPs and other ecosystem users thereby creating additional incentives.
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