Liquidity · Vaults · AURA
Aura is to Balancer what Convex is to Curve: it aggregates veBAL voting power to maximize Balancer gauge boosts, letting BAL/BPT holders earn boosted, auto-compounded rewards without locking BAL themselves.
Boosted Balancer yield and veBAL aggregation.
AURA price
$0.0227
-11.5% 24h
Latest data · 15 min delay
Aura is entirely dependent on Balancer and veBAL. Its value proposition (boosted BAL, gauge voting, auraBAL yield) collapses if Balancer's gauge/emissions system, BAL token value, or veBAL mechanics fail or are deprecated. Aura holds no independent yield source outside the Balancer ecosystem.
Exposure to Balancer's August 22, 2023 Boosted-Pool vulnerability: because Aura stakes Balancer LP tokens (including boosted pools), it inherits upstream Balancer contract risk. Roughly 1.4% of Balancer TVL was at risk across eight chains; Aura was a 'friendly protocol' notified and reliant on rapid LP withdrawals to avoid loss.
vlAURA voting power is concentrated and openly tradable. Because votes can be bought via the Hidden Hand bribe market, a well-capitalized actor can rent large vlAURA influence to redirect BAL emissions, and large lockers can dominate AIP outcomes — a meta-governance centralization / bribe-capture risk.
auraBAL can trade below its 1:1 veBAL reference value. Minting auraBAL is one-way (the underlying is permanently locked as veBAL), so exits depend on secondary-market liquidity in the auraBAL pool; thin liquidity or a rush to exit can push auraBAL to a persistent discount / depeg.
The upstream Balancer Boosted-Pool incident originated from a mismatch between the rate formula in Boosted Pools and an external rate/oracle data source. Aura positions built on rate-provider-dependent Balancer pools inherit that oracle/rate-manipulation surface.
