The information about Aura (AURA) token is:

Aura (AURA) is an ERC-20 token launched on the Ethereum blockchain, serving as the native token for Aura Finance, a decentralized finance (DeFi) protocol designed to enhance yield opportunities and liquidity provision on Ethereum-based platforms, particularly in conjunction with Balancer.

The token is integral to Aura Finance, which builds on Balancer’s infrastructure, allowing users to stake, lock, and leverage AURA to boost governance power and earn rewards such as Balancer fees and other governance tokens, positioning it as a yield and liquidity hub in DeFi.

AURA’s total supply is capped at 100 million tokens, with an allocation strategy that includes 50% (50 million) designated for community incentives via emissions over approximately eight years, 30% (30 million) for the team with a two-year vesting period, and 20% (20 million) for early contributors and investors.

The token facilitates governance within the Aura ecosystem, where holders can lock AURA to receive veAURA (vote-escrowed AURA), granting them voting rights on protocol decisions, including fee distribution and partnerships, fostering a community-driven approach.

Aura Finance launched its protocol with a bootstrapping phase that concluded around July 2022, during which it accumulated significant voting power in Balancer’s governance (over 25% of veBAL), enhancing its influence within the DeFi space.

The project collaborates with entities like Redacted Cartel, integrating with their BTRFLY token to deepen liquidity and yield strategies, showcasing AURA’s role in sophisticated DeFi mechanisms like bribe markets and liquidity bootstrapping.

Posts on X and web sources indicate that AURA is built on battle-tested smart contracts, offering tools for protocols to generate deep liquidity for their tokens, with features like staking pools and yield optimization inspired by models like Convex Finance.

Aura Finance emphasizes accessibility by not requiring an initial coin offering (ICO) or token sale, instead distributing AURA through emissions to liquidity providers and stakers, aligning incentives with long-term ecosystem growth.