LayerZero Continues to Promote Omnichain Development

馃寜 Bridges to the future?

By Aura
Oct 10, 2024, 2:04 PM
twitter

LayerZero Core is persistently advocating for the development of omnichain solutions.​ This approach aims to create seamless interoperability across multiple blockchain networks.​

Key points:

  • LayerZero Core continues its 'Build Omnichain' campaign
  • Focus on enhancing cross-chain functionality
  • Potential benefits for DeFi protocols and users

The ongoing initiative suggests LayerZero's commitment to advancing blockchain interoperability.​ This could lead to more efficient and versatile decentralized applications in the future.​

Stay tuned for further developments in omnichain technology and its impact on the blockchain ecosystem.​

Sources
Read more about Aura

vlAURA Voters Earn 1.32% Yield in Two-Week Period

vlAURA Voters Earn 1.32% Yield in Two-Week Period

The latest bi-weekly voting round for vlAURA holders has concluded with significant rewards: - $134,000 in total incentives distributed - Rewards delivered through Hidden Hand and Paladin vote marketplaces - Represents 1.32% return on vlAURA positions in just 2 weeks This continues the trend of substantial voting incentives, though lower than September 2023's distribution of $373k ($253k via Hidden Hand, $120k via Paladin).

Aura Finance March Buyback Report

Aura Finance March Buyback Report

Aura Finance continues its monthly buyback program, repurchasing $272,438 worth of auraBAL tokens using March protocol fees. While lower than January's record $585,144 buyback, the program demonstrates consistent protocol revenue generation. Key points: - Monthly buyback: $272,438 in auraBAL - Current Compounder yield: 28% vAPY - Executed using protocol fees Stakers can participate via the [Aura Finance Compounder](https://app.aura.finance/#/1/aurabal)

Balancer V3 Launches on Avalanche with Enhanced DeFi Features

Balancer V3 Launches on Avalanche with Enhanced DeFi Features

Balancer V3 has deployed on Avalanche, introducing significant upgrades to the DeFi ecosystem: - **Boosted Pools** with native Aave integration for enhanced yield generation - **Custom hooks** for swap, join, and exit logic - **New Strategic Pools** including: - wAVAX/sAVAX/ggAVAX pool with Benqi and GogoPool - USDC/USDT/AUSD stable pool - sdeUSD/savUSD/upAUSD pool with Elixir, Avant Staking & Upshift Assets in pools are automatically utilized in Aave lending markets, ensuring TVL remains productive while maintaining liquidity. The upgrade represents a 10x improvement in builder capabilities.

GHO and USDC Stablecoin Pool Launch on Base Network

GHO and USDC Stablecoin Pool Launch on Base Network

Aave's GHO and USDC stablecoins have launched a new liquidity pool on the Base network. Key features include: - Baseline yield generation from Aave markets for both stablecoins - Integration of Balancer's StableSurge Hook technology - Dynamic swap fee adjustment based on pool balance - Enhanced LP returns during market volatility This follows the successful GHO-USDT-USDC pool on Ethereum, which has become GHO's primary liquidity source. *Access the pool at* [Aura Finance](https://app.aura.finance/#/8453/pool/19)

Balancer v3 Boosted Pools Launch Multiple Yield Sources

Balancer v3 Boosted Pools Launch Multiple Yield Sources

Balancer v3's new Boosted Pools are revolutionizing liquidity provision by offering multiple yield sources in a single vault. Key features include: - **Simplified LP Experience**: Users can access various yield sources through one straightforward position - **Multiple Revenue Streams**: Earnings from trading fees, lending protocols, yield-bearing tokens, and token emissions - **Notable Pools**: - csUSDC | csUSDL pool with Morpho yields - pxETH | WETH pool featuring Dinero and Morpho integration - GHO | USDC | USDT pool earning Aave yields Pools are now live on Ethereum, Gnosis Chain, and other networks via [Aura Finance](https://app.aura.finance).