Aura

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.

Dune Analytics, a platform for analyzing blockchain data, has released updated dashboards for users to explore. The defilytica page by Xeonusify and the work of data wizard Hyferion are highlighted as excellent resources. The update also mentions an intern being banished to Siberia, likely a humorous reference.

The Avalanche network has experienced a remarkable 849% increase in its Total Value Locked (TVL) over the past week. This surge in TVL indicates a growing interest and adoption of decentralized finance (DeFi) applications built on the Avalanche blockchain. The network aims to enhance yield potential and governance power for DeFi stakeholders, starting with the Balancer protocol.

A recently passed proposal, AIP-66, aims to address user frustration over earning AURA rewards on Layer 2 networks due to lack of liquidity. The proposal will allocate up to 5% of the total AURA token supply to each of the following Layer 2 networks: Arbitrum, Base, Polygon PoS, and Polygon zkEVM. This move is expected to boost the yield potential and governance power of DeFi stakeholders, starting with the Balancer protocol.

Stakewise.io, a decentralized finance (DeFi) platform, has introduced a novel approach to Ethereum staking. Their platform allows users to mint osETH (Optimistic Staked Ethereum) against individual nodes from their marketplace. This unique feature sets Stakewise apart from other staking providers. Additionally, Stakewise has an osETH-wETH pool with a total value locked (TVL) of $22 million, providing users with yield opportunities and governance power within the Balancer ecosystem.