gAURO Summary
Item
Description
Ticker Symbol
gAURO
Features
Transferable and tradeable on the secondary markets (Wapal)
Can be merged, split
How to get
Lock AURO to get gAURO
Locking period
From 1 week to 104 weeks
Lock exchange rate
100 AURO (Lock 104 weeks) = 100 gAURO
100 AURO (Lock 52 weeks) = 50 gAURO
Will gAURO holdings be fixed after locking?
No, gAURO will decrease linearly every week. Locking period is updated every week. If users do not turn on the auto locking feature, their gAURO holdings will decrease
Extending gAURO Locking period
Users will be able to extend their locking period (in weeks) for AURO at any point of time, up to a maximum of 104 weeks. All AURO locks will share 1 Lock ETA.
Claiming AURO before the unlock
Users will be able to claim their AURO token before the unlocking period by paying an Early Unlock Fee. The Early Unlock Fee to exit early starts at 100% and decays linearly based on the number of weeks remaining until the tokens unlock.
Rewards distribution
gAURO holders will receive their rewards in the form of AURO. Users will receive these tokens, provided they lock their AURO before the voting period
gAURO utility
Voting Power: Holders have the ability to vote for CeVaults weekly. The AURO emissions for the following epoch will be redirected to CeVaults based on voting results.
Governance: Holders will participate in voting for protocol proposals.
Minimum voting required gAURO
0
Minimum Proposal required gAURO
Currently, only the Auro Finance core team can submit proposals for voting. However, the community is encouraged to suggest proposals, which the core team will review and consider for voting.
Voting tools
Snapshot
Last updated