For $BAL Stakers

veBAL

Read about veBAL on the Balancer docs.

auraBAL

auraBAL is tokenised veBAL

Aura allows users to deposit their 80/20 BAL/WETH BPT here and receive auraBAL, instead of the non-transferable veBAL. Tokenized auraBAL is given to the user at a 1:1 rate for veBAL, and can be traded on Balancer Finance.

This BPT is then locked up by the Aura protocol for the maximum time in Voting Escrow where it will allow the Aura system to benefit from its voting power for boosting rewards & voting for gauges.

auraBAL Staking

• auraBAL can be staked into the platform to receive normal Balancer admin fees one would get for usually holding their veBAL in both BAL and USDC;

• Users staking auraBAL will also earn BAL from Aura's performance fee and the platform's native token, AURA.

auraBAL Liquidity Pools

• Rather than staking auraBAL, users can also choose to contribute to the Balancer pool auraBAL/[80/20 BAL/ETH BPT].

• Users can then stake the auraBAL BPT token on Aura Finance to receive a separate pool of AURA rewards for providing liquidity to others to enter and exit the ecosystem via the auraBAL token.

Governance power

The governance power from the deposited veBAL is controlled by Aura lockers.