Aura

The **Full Stack Decentralization** initiative is nearing its launch date of **October 1, 2024**. This project aims to enhance the decentralized finance (DeFi) ecosystem by: - Improving yield potential for stakeholders - Increasing governance power in DeFi protocols - Starting with implementation on Balancer As the launch date approaches, anticipation builds in the crypto community. The initiative promises to bring significant changes to how DeFi platforms operate and how users interact with them. Stay tuned for more updates as we near the official release of Full Stack Decentralization.

Aura Finance, a key player in the DeFi space on Ethereum Mainnet, focuses on enhancing liquidity for various stakeholders. Their services include: - Helping liquidity providers increase yield - Assisting protocols in deepening their liquidity pools Aura leverages the proven technology stack of Balancer to deliver these benefits. This combination aims to create a more efficient and profitable DeFi ecosystem for participants. *Note: This update is part of a recurring series, highlighting Aura's consistent presence and mission in the DeFi landscape.*

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.

Elixir, a major liquidity provider for DeFi exchanges, offers an attractive opportunity through its deUSD-sdeUSD pool on Aura: - deUSD: A synthetic dollar minted from stETH and sDAI collateral - Adaptive collateral strategy based on ETH funding rates - Stake deUSD for sdeUSD to earn 5x Potions (points) - Provide liquidity to deUSD-sdeUSD pool on Aura for: 1. High APR (currently 49%) 2. Continued Potion earnings on sdeUSD This setup allows users to potentially maximize yields in the DeFi ecosystem. Learn more: https://app.aura.finance/#/

Balancer governance has approved several proposals through Snapshot voting. These include deploying Balancer on the Mode and Linea networks, recognizing Jellyswap as an official friendly fork, adding a new gauge for the sUSDe/USDC pool on Ethereum, lending 25,000 BAL tokens through MYSO Finance for treasury diversification, extending the pool pause window from six months to four years, and simplifying the process for posting proposals on Snapshot. These decisions aim to expand Balancer's presence across chains, manage forks, optimize liquidity, and streamline governance processes.

Balancer has announced the upcoming availability of liquidity provider rewards for the jitoSOL/wstETH pool on the Arbitrum network. Users will be able to earn Balancer and AURA tokens by providing liquidity to this pool, boosting their yield potential and governance power within the Balancer ecosystem.

Ethena Labs and Frax Finance have introduced a new liquidity pool for sUSDe and sFRAX tokens on the Balancer decentralized exchange. This collaboration aims to provide users with additional yield opportunities and governance participation within the DeFi ecosystem.

Stablecoin yields have reached remarkably high levels, with opportunities to provide liquidity on the Aura platform becoming increasingly attractive as Aave's GHO token continues to grow. This development presents potential for enhanced returns for DeFi stakeholders.

Balancer has announced the integration of Ethena Labs into its community. Recent gauge votes have approved the sUSDe/USDC pool on the Ethereum mainnet as the liquidity hub for bypassing Ethena's 7-day unstaking period. Additionally, two new pools will be launched on Arbitrum to serve as key liquidity sources. Further details on the integration and new pools are expected to be revealed soon.

Hyperlock, Aura's first franchise on Blast L2, has experienced rapid growth, becoming the third largest protocol on Blast with a total value locked (TVL) of $227 million in just over a month since its launch. Hyperlock acts as a layer on top of Thruster, boosting rewards for liquidity providers (LPs) and eventually THRUST stakers. It has introduced yield trading opportunities to Blast, allowing users to receive fixed yields on USDB or WETH or optimize for points from various programs. The emergence of points programs and yield trading via Pendle has become a major theme in DeFi. Hyperlock's success benefits Aura through HYPER token allocations, potential Thruster fee share, pooled resources, and collaboration.