Aura Finance is a protocol layered on the Balancer framework, designed to deliver strong incentives to Balancer liquidity providers and BAL stakers (via veBAL) by pooling BAL deposits through social aggregation alongside Aura’s native token. For BAL stakers, Aura streamlines access to veBAL by issuing a tokenised wrapper, auraBAL, which tracks the 80/20 BPT locked for the maximum duration in VotingEscrow. Holders can stake auraBAL to earn existing Balancer rewards (BAL and bbaUSD revenue), plus Aura ecosystem revenue paid in BAL and additional AURA. Users are also able to convert their auraBAL back into BAL whenever they want.

For Liquidity providers, Aura removes much of the complexity involved in entering the Balancer gauge system, making onboarding to Balancer gauge deposits more straightforward. Depositors can gain a strong boost using protocol-owned veBAL while also collecting extra AURA rewards.

The AURA token serves as a governance and incentivisation instrument across the ecosystem. When AURA is locked, it grants governance rights and enables holders to participate in voting through protocol-owned veBAL voting power as well as internal proposals.