April 21, 2025
Blockchain

Aurora team will blow up local token and launch new platform

  • May 17, 2022
  • 0

The developers of Aurora, the second layer protocol of the NEAR network, announced the launch of the Aurora+ platform with native token staking. According to a press release,

Aurora team will blow up local token and launch new platform

Aurora team will blow up local token and launch new platform
Aurora team will blow up local token and launch new platform

The developers of Aurora, the second layer protocol of the NEAR network, announced the launch of the Aurora+ platform with native token staking. According to a press release, it will be distributed during the airdrop.

AURORA will be open to all Aurora+ registrations during the first week.

As part of the free basic account, platform users will be able to count on 50 free transactions per month.

Data: Aurora.

In both local token and dapps ecosystems.

In addition to the AURORA airdrop, the developers have promised to randomly distribute 111 NFTs from Mr.Brown’s new Aurobots collection. Token holders will be able to count on 500 free monthly transactions.

In the future, the functionality of Aurora+ will be expanded with the possibility of participating in the management of AuroraDAO and private transactions. It is also expected that paid premium plans will be deployed for more operations and will be universal for all applications. KYC.

The NEAR Protocol team launched the Aurora L2 protocol to interact with Ethereum in May 2021.

According to DeFi Llama, the total value of funds locked in DeFi protocols on Aurora at the time of writing is $469.2 million.

About 55% of the total belongs to Bastion. In March 2022, the project received seed funding for an undisclosed amount. In April, Bastion closed its $9 million Series A round led by Three Arrows Capital.

The Aurora ecosystem is also supported by Pantera Capital, Electric Capital, Dragonfly Capital, Alameda Research and other venture capital investors.

Recall that in May the Aurora team launched a $90 million fund to support DeFi projects.

Source: Fork Log

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