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Aurora Dao - Decentralized Finance and Cryptobanking


5 months agoSteemhunt

Aurora Dao

Decentralized Finance and Cryptobanking



Hunter's comment

Aurora is a collection of Ethereum applications and protocols that together form a decentralized banking and finance platform. Aurora provides an advanced, open, and stable financial network, accessible by anyone in the world regardless of geographic location or class status. Aurora’s own stable currency, the boreal, is backed by a combination of cryptocurrency reserves, debt, and retailer endorsement, and is available to customers via loans based on their digital economic reputation.

Source: Aurora

For a better understanding you can take a look at the video below:

Few of the key futures of Aurora are:

  • IDEX (first high-performance decentralized exchange)
  • The AURA Token (primary token of IDEX)
  • Boreal (stablecoin of the Aurora network)
  • Decentralized Capital (loans to users anywhere in the world in the form of boreals)

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