AURORAAurora (AURORA) Price

1. Project introduction

Aurora provides Ethereum compatibility, NEAR Protocol scalability, and industry-first user experience through affordable transactions.

Aurora is an Ethereum Virtual Machine (EVM) built on the NEAR Protocol, that provides a solution for developers to deploy their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users. Besides the EVM, Aurora developed the Rainbow Bridge which allows users to transfer assets between Ethereum, NEAR, and Aurora. Aurora is backed by top VCs such as Pantera Capital, Electric Capital, Dragonfly Capital, Three Arrows Capital, and Alameda Research. Thanks to Aurora’s EVM, Ethereum native applications can seamlessly be ported to Near’s L2-like network that is built as a smart contract on NEAR. Developers may enjoy familiar Ethereum tooling when working with their Solidity smart contracts on Aurora. The base fee of Aurora is ETH, which provides a smooth experience for dapps’ users.

2. Investment institution

Pantera Capital, Electric Capital, Dragonfly Capital, Three Arrows Capital, and Alameda Research

3. Application and distribution

Total supply: 1 billion

Token Distribution

20% (200 million) – Community Treasury

16% (160 million) – Aurora Labs long term incentives. Tokens are subjected to a vesting scheme determined by Aurora Labs.

9% (90 million) – Aurora Labs private round investors. These tokens are subjected to the unlocking scheme.

3% (30 million) – Allocated to Aurora validator delegators.

2% (20 million) – Early AURORA contributors. Allocations should be provided by NEAR Foundation. These tokens should be subjected to the unlocking scheme. NEAR Foundation may implement a vesting scheme for these tokens.

1% (10 million) – Allocated to Aurora Labs to be used as incentives for project advisors

1% (10 million) – Allocated for bootstrapping the AURORA ecosystem.

3% (30 million) – Allocated for Aurora Labs growth round 2.6% (26 million) – Allocated for ongoing grant programs

1.8 % (18 million) – Allocated for ongoing projects 40.6% (406 million) – Kept on the DAO balance for future projects