Aura will update its token economics on August 17: including increasing voting rewards by 15%, etc.

According to TechFlow, Aura Finance, the Balancer ecosystem revenue governance platform, tweeted that AIP-42 had been voted through and the update on token economics will take effect on August 17.

The impacts of the update include: a 15% increase in voting rewards, worth approximately $60,000 per cycle; 1.75 million fewer AURA tokens unlocked each year; and effectively limiting AURA minting for BAL to well below 50 million, as dictated by the initial token economics.