graviAURA is a new vault deployed on Ethereum by BadgerDAO that is part of the emerging AURA/veBAL ecosystem. This vault locks 100% of deposited AURA tokens for rolling periods of 16 weeks.
Badger will use locked AURA contained in graviAURA in wallets to vote for bribes, sell them, and emit them back to HODLers in the form of BADGER(25%) and graviAURA(75%) less fees.
What are Vaults？
In BadgerDAO ecosystem, vaults are where users can deposit their assets to earn a yield generated on strategies that follow opportunities presented across different DeFi protocols. After depositing, the smart contract puts those assets to work by executing the selected stategy for the particular sett the user deposited funds on.
Through this, users get an optimized automated yield out of their positions without having to do all the heavy lifting that includes research, understanding of different protocols, gas fees and multiple transactions.
Some vaults are also incentivized with Badger, which means that on top of the underlying APY users can get from the strategies itself they are able to, depending on the specific sett, earn the governance token.