$WJAURA is the wrapped version of $jAURA on Ethereum. jAURA is an auto-compounding strategy on Ethereum Mainnet that allows depositors to earn yield on their AURA tokens. Over time, each jAURA token will become backed by more underlying vlAURA.
jAURA works by utilizing 3 separate protocols:
- Aura Finance
- Balancer
- Redacted Cartel’s Hidden Hand.
These integrations allow users to collect yield automatically, without the hassle of having to sell tokens, lock positions, or vote in bribe rounds themselves.