Aurora Tokenomics And The Properties Of The Coin

Aurora is a tool that makes it simple for Ethereum users and dApps to migrate to the NEAR blockchain. Users may upload and interact with Solidity smart contracts on the NEAR blockchain, as well as exchange assets (including ERC-20 tokens) between Ethereum, NEAR, and Aurora via the Rainbow Bridge.

To provide the greatest user experience and familiar tooling for developers, Aurora’s base token is ETH. The AURORA token is a governance token that ensures correct protocol improvements. Aurora is managed by AuroraDAO, which is made up of delegates from various blockchain ecosystems and sectors.

The Properties and Tokenomics of Aurora (AURORA) Coin

Among the unlocked tokens, 1% of the total supply is assigned for IDO, pool deployment on AMMs, market making, and early partnerships; 1% is allocated to Aurora Labs to be used as project advisor incentives; 48% is kept on AuroraDAO reserve for future projects; 20% is kept in the community coffers; and 3% is apportioned to Aurora Labs to be distributed linearly evenly to Aurora validator delegators on NEAR.

The locked tokens in the Aurora ecosystem are subject to a two-year unlocking scheme with a linear unlock every three months and a six-month cliff beginning on the token launch date. The maximum supply is set at 1,000,000,000 tokens (one billion $AURORA). The AURORA Token Generation Event was scheduled on November 18, 2021.

Aurora’s current price is $0,194720 USD, with a 24-hour trading volume of $383.122 USD. Aurora has dropped by 25% in the previous 24 hours as of the time of writing. CoinMarketCap currently ranks Aurora at 480th position with a live market cap of $32.001.160 USD. It has a total quantity of AURORA coins and a circulating circulation of 164.344.562 AURORA coins.

If you’re wondering where you can purchase Aurora at the moment, the main cryptocurrency exchanges for trading Aurora stock are now BingX, Bitget, DigiFinex, Gate.io, and KuCoin. Other exchanges might be included on various cryptocurrency exchange sites.

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