This incentive strategy will see ARB paired 1:1 as direct liquidity mining incentives with any voting incentives. Placed on the Aura finance voting market up to a maximum of 10k ARB per round. This means that on top of the portion of BAL incentives protocols participating in this voting market receive (which have historically been greater than the voting incentives placed), the Balancer DAO will also match voting incentives with direct ARB Liquidity Mining incentives.

The full structure is outlined below.

• 10-round duration, aligning with Aura’s two-week cycle of voting incentive allocations.
• Max of 100k ARB per round. Any unspent ARB returns to the treasury.
• Each pool can have a max possible allocation of 10k ARB per round to prevent one or two pools from taking the majority share of this program.
• On each Wednesday/Thursday after Aura’s gauge voting snapshot, ARB will be allocated to each Arbitrum pool according to bribes placed in the most recent round on a 1:1 USD basis, subject to ARB caps mentioned above.
• This ARB will be emitted over two weeks.
• All voting markets are included — projects can choose where to bribe at their discretion. Bribes placed by Balancer under BIP-19 also count.
• Balancer Maxis will publish a spreadsheet detailing the ARB allocation every two weeks and allow at least 24h for community feedback before execution. They will make a forum thread for this purpose.

In collaboration with Aura Finance, Balancer Technology now provides one of the most efficient liquidity layers to fuel growth for Arbitrum participants.

Balancer is an ecosystem of diverse, active, and vigorous microcosms humming away in synchronicity. With the launch of Aura onto the network and an ARB incentive sprinkled into the mix, a newfound energy source is primed to fuel further growth and prosperity on Arbitrum. Efficient liquidity flywheels, protocol-protocol symbiosis, and exhilarating technological developments; get ready for the next stage in Balancer’s evolutionary Arbitrum journey.

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FOLLOW Aura Finance

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Balancer Labs

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The post Balancer integration with Aura appeared first on Smart Liquidity Research.

This exciting development marks a significant milestone in our strategic partnership with the Aura Network and represents a major step forward in achieving seamless interoperability across blockchain ecosystems! With this integration, Celer is introducing seamless token bridging to the Aura Network. Celer is starting off by supporting the bridging of both AURA and USDC. As cBridge announces Support for Aura Network

Celer-Bridged Token Addresses on:

BNB Chain –

• AURA – 0x01A2df2cA978F9e75E2eCC56Bf7158018fF123c2

Aura Network –

• USDC – aura1fgfnuru6krewgt9zzu7nzercz007928uzrw2t2tl6hl3ec50me2q3ankr2

Celer is supporting asset and token bridging initially via the xAsset model, a lock-and-mint method, for token transfers between external chains and the Aura Network. Additionally, discussions are underway to integrate Celer’s Inter-chain Messaging Framework, a generic message passing protocol, to seamlessly enable developers to build dApps with cross-chain application logics on Aura.

 “We are thrilled to forge this strategic partnership with Celer Network. Their expertise in bridging liquidity will be instrumental in enhancing the capabilities of our Aura ecosystem. We believe in the transformative potential of a well-connected, fluid blockchain universe and we see Celer as a major player in achieving this vision.”

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About Aura Network

Aura Network is an ecosystem built to accelerate global NFTs adoption. Aura Network focuses on building the Internet of NFTs and bringing NFT and web3 to the masses.

Website | Twitter

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About Celer Network

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states.

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SOURCE: CELER BLOG

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Forming a partnership with NGC Ventures in the early stage is an easy decision for Aura Network. More than just funding, NGC Ventures will not only provide Aura access to resources including social platforms, launchpads, and exchanges but also connect them with its global investor network.

Prior to its partnership with Aura Network, NGC Ventures made early investments in prominent blockchain projects in different fields (Infrastructure, Metaverse, DeFi, CeFi) such as Solana, My Neighbor Alice, Coin98, and BABELBANK. Recently, NGC Ventures successfully raised $100 million for its latest blockchain fund.

Aura Network is a scalable, agile, and effortless Layer-1 blockchain with a comprehensive ecosystem built to accelerate global NFTs adoption.

Aura Safe is a user-friendly application that allows users to create multi-signature accounts with fine-grained access control for the Cosmos ecosystem. If you are familiar with Gnosis-safe for Ethereum, it is quite similar.

What Blockchain is Aura Token on?

There are two types of Aura native currency:

• Aura native token or Aura coin on Aura network blockchain. Those tokens  issue when Aura mainnet launches.
• Aura token on other blockchains. Those tokens issue first as a BEP-20 token on the Binance Smart Chain.

USES OF AURA TOKEN

• Before Aura mainnet launches, Aura tokens on other blockchains can be use for providing liquidity.
• After Aura mainnet launches, Aura tokens can be converted to Aura coins. You can use Aura coin for staking, providing liquidity, governing, paying transaction fees, and other utility services on Aura mainnet.

Aura Network is built using Cosmos SDK, the world’s most used framework for building blockchains.

ABOUT Aura Network
Building the Internet of NFTs. Aura Network is a scalable, agile, and effortless Layer-1 blockchain with a comprehensive ecosystem to accelerate global NFTs adoption.

Website | Twitter

ABOUT NGC Ventures
NGC Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies and has been a key contributor to a number of leading blockchain projects.

Website | Twitter

RESOURCES
Aura Network

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