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## Aura Intro In the previous video, we saw that a liquidity provider to the Balancer V2 AAM can stake their BPT token into the liquidity gauge to earn some rewards. To get an even higher reward, they'd need to pair their Balancer token with ETH to get a liquidity provider token for the Bal-WETH pool, and then lock this BPT into the voting escrow contract. If the liquidity provider doesn't lock BPT for the Bal-WETH pool, they won't earn a boost on the liquidity token they stake. The Aura Finance protocol streamlines locking this BPT into the voting escrow contract. It also allows a liquidity provider to earn a boosted reward of the BAL token without locking tokens into the voting escrow contract. The liquidity provider interacts with the Aura contracts instead of directly engaging with the Balancer V2 contracts or staking their liquidity provider token into the liquidity gauge. They take their BPT, for example, the BPT of rETH and ETH, and then stake their BPT into the Aura contract. The Aura contract then automates the process of: -Claiming rewards -Converting balancer rewards into the Balancer WETH liquidity provider token BPT -Locking it into the voting escrow contract In this case, the liquidity provider doesn't have to lock tokens into the voting escrow contract manually. Since the Aura contract vote-locks, the liquidity provider—even though they didn't vote-lock any tokens—will receive a boost of the rewards. All Aura contract locks balance of rewards into the voting escrow contract. The reward that goes to the Aura contract is split between the protocol and the users. The user will also receive another reward token issued by the Aura protocol, the AURA token.
A detailed explanation of the Aura protocol - The lesson covers how the Aura protocol streamlines the process of earning boosted Balancer rewards by using a dedicated contract to automatically lock BPT tokens, claim rewards, and convert them to liquid Balancer liquidity provider tokens (BPT). This lesson also explains how the protocol splits the boosted rewards between the protocol and the users.
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Course Overview
About the course
Rocket Pool rETH staking, yield mechanisms, trading options, and contract architecture
How to distribute rewards and calculate rETH/ETH exchange rate
How to acquire and redeem rETH
Integrating rETH into DeFi protocols like AAVE V3
How to how to create leveraged ETH positions using rETH
How to provide rETH as liquidity to Balancer and Aura
Getting the USD price of rETH using Rocket Pool NAV oracle
Re-staking with EigenLayer
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Web3 developer
$60,000 - $150,000 (avg. salary)
Smart Contract Auditor
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Last updated on May 12, 2025
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Solidity Developer
Rocket Pool rETH IntegrationDuration: 4min
Duration: 48min
Duration: 57min
Duration: 30min
Duration: 7min
Duration: 23min
Duration: 6min
Course Overview
About the course
Rocket Pool rETH staking, yield mechanisms, trading options, and contract architecture
How to distribute rewards and calculate rETH/ETH exchange rate
How to acquire and redeem rETH
Integrating rETH into DeFi protocols like AAVE V3
How to how to create leveraged ETH positions using rETH
How to provide rETH as liquidity to Balancer and Aura
Getting the USD price of rETH using Rocket Pool NAV oracle
Re-staking with EigenLayer
DeFi Developer
$75,000 - $200,000 (avg. salary)
Smart Contract Engineer
$100,000 - $150,000 (avg. salary)
Web3 developer
$60,000 - $150,000 (avg. salary)
Smart Contract Auditor
$100,000 - $200,000 (avg. salary)
Blockchain Financial Analyst
$100,000 - $150,000 (avg. salary)
Web3 Developer Relations
$85,000 - $125,000 (avg. salary)
Last updated on May 12, 2025
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