Aura Lockers Enjoy Soaring APRs Over 90%
Aura, a protocol focused on boosting DeFi stakeholders' yield potential and governance power, has seen its lockers (vlAURA holders) benefit from exceptionally high annual percentage rates (APRs) recently. Seven of the top 10 epochs with the highest APRs for Aura have occurred in the past eight weeks, with rates exceeding 90%. This surge in yield is attributed to Aura's close relationship with Balancer, as Aura owns 60% of all veBAL (vote-escrowed Balancer tokens). Balancer's increasing revenue has led to higher demand for BAL tokens and increased the value of emissions, translating into more incentives for Aura lockers. The recent tokenomics changes outlined in AIP-63 have also contributed to the elevated APRs, with Aura's AURA/ETH pool receiving nearly 60% APY.