Layer-2 solution for ETH. AURORA blockchain analysis
Aurora - is a product created by the NEAR team that makes Ethereum and dApps faster and cheaper, also helping users easily transition to NEAR blockchain.
Features:
1. This project originates from 2021, and already has quite a lot of experience. When we go to their website we can notice that everything is made very simply, harmoniously and qualitatively, the information is updated, designed and easy to find and use. Starting with information about the project, to the ecosystem list and links to their resources. Credit should go to their blog in multiple languages with all the important news. It's a tremendous job, and clearly displays the developers' approach and mindset towards their product.
2. Taking into consideration, that this is L2 solution for ETH, we see advantages in fast (~2sec) and cheap (~$0.02) transactions. For the convenience of interaction between networks Rainbow Bridge is made, as well as implemented Explorer and many others. Commissions, as expected, in the native token $AURORA.
3. For more details about the $AURORA token, you need to refer to the project's tokenomics. There is a total of 1 billion coins issued, with a current circulation of 100 million (10%). There are two big parts that catch your eye right away: the DAO at 40.6% and the community rewards at 20%. Seed/privat rounds are 9% (Investor List) and IDO is 1%. Buying at IDO was $1, the current coin price is ~$0.48 and peaked at ~$35. Considering that only 10% of the entire issue is in circulation. There is staking at 45% APR.
Concluding: Aurora is a strong project, you can draw an analogy between this project and IMX for ETHEREUM, only this one is from NEAR network, which is uncommonly. There is a large community, many partners and cooperation, excellent design of product and news background. It will be interesting what decision will be made by DAO team and community, to which the project paid special attention, concerning support of token $AURORA and its desirable growth.
We will continue to monitor the project's development, telling you all the most interesting things.
#AURORA #ETH #NAER
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Aurora - is a product created by the NEAR team that makes Ethereum and dApps faster and cheaper, also helping users easily transition to NEAR blockchain.
Features:
1. This project originates from 2021, and already has quite a lot of experience. When we go to their website we can notice that everything is made very simply, harmoniously and qualitatively, the information is updated, designed and easy to find and use. Starting with information about the project, to the ecosystem list and links to their resources. Credit should go to their blog in multiple languages with all the important news. It's a tremendous job, and clearly displays the developers' approach and mindset towards their product.
2. Taking into consideration, that this is L2 solution for ETH, we see advantages in fast (~2sec) and cheap (~$0.02) transactions. For the convenience of interaction between networks Rainbow Bridge is made, as well as implemented Explorer and many others. Commissions, as expected, in the native token $AURORA.
3. For more details about the $AURORA token, you need to refer to the project's tokenomics. There is a total of 1 billion coins issued, with a current circulation of 100 million (10%). There are two big parts that catch your eye right away: the DAO at 40.6% and the community rewards at 20%. Seed/privat rounds are 9% (Investor List) and IDO is 1%. Buying at IDO was $1, the current coin price is ~$0.48 and peaked at ~$35. Considering that only 10% of the entire issue is in circulation. There is staking at 45% APR.
Concluding: Aurora is a strong project, you can draw an analogy between this project and IMX for ETHEREUM, only this one is from NEAR network, which is uncommonly. There is a large community, many partners and cooperation, excellent design of product and news background. It will be interesting what decision will be made by DAO team and community, to which the project paid special attention, concerning support of token $AURORA and its desirable growth.
We will continue to monitor the project's development, telling you all the most interesting things.
#AURORA #ETH #NAER
ZeroBlock | Telegram | Twittter |
| Discord | FeedBack |