Resonate Announces Support for Aura
Resonate Announces Support for Aura to bring Yield Futures & FNFTs to Balancer. Aura Finance is a protocol built on top of the Balancer system to provide maximum incentives to Balancer liquidity providers and BAL stakers (into veBAL) through social aggregation of BAL deposits and Aura’s native token. Resonate will be using Aura as a provider for the yield farms whose positions may be split through Resonate system into their constituent principal and interest components. Our in-house solution for pricing Balancer Pool Tokens (BPTs), with arbitrary weights, will have a direct application here. Through work together, Resonate gains a trusted yield-farm provider on mainnet Ethereum, opening up additional avenues for capital deployments and increased revenue to Resonate, while also offering those already in the Balancer ecosystem a readily accessible platform upon which to work with Resonate. In tandem, Aura gains sticky TVL and guaranteed returns for their systems. Why Resonate? Reso...