About Gravitationally Bound AURA
Gravitationally Bound AURA, or graviAURA, is a semi-liquid locked token designed to enhance liquidity within the Balancer Automated Market Maker (AMM) ecosystem. When graviAURA is held in a Balancer liquidity pool, it actively votes for emissions to support that specific pool. Conversely, graviAURA held outside of liquidity pools participates in voting for bribes, which are automatically compounded in Badger vaults.
One of the primary use cases for graviAURA is for AURA holders, who can deposit their AURA into graviAURA and earn yield from auto-harvested bribes as the ecosystem evolves. Additionally, Decentralized Autonomous Organizations (DAOs) can incorporate graviAURA into Balancer pools, benefiting from a set-and-forget liquidity incentive as graviAURA automatically votes for the pools in which it is included.
Deposited AURA is locked in Aura governance for a duration of 16 weeks, followed by a one-week unlocking period. During the unlocking phase, users can withdraw from the vault, allowing for flexibility in managing their assets. Although tokens are not immediately available, users have the option to withdraw their entire vault balance within any 16-week period.
Security is a key feature of graviAURA, which has undergone an audit by Code4ena. It is built upon Badger's Vaults 1.5 architecture, which has also been audited by Quantstamp, ensuring a secure environment for users and their investments.
In summary, graviAURA offers a valuable mechanism for AURA holders and DAOs, promoting liquidity and governance participation while maintaining a focus on security and yield generation within the ecosystem.