Aurora is a product that helps Ethereum users and dApps to easily move to the NEAR blockchain. It allows users to do two distinct things: upload and interact with Solidity smart contracts on NEAR blockchain and move assets (including ERC-20 tokens) between Ethereum, NEAR and Aurora via the Rainbow Bridge..
Aurora’s base token is ETH to deliver the best user experience and familiar tooling for developers.
AURORA token is a governance token to ensure proper upgrades to the protocol.
Aurora is governed by AuroraDAO which includes representatives from different ecosystems and sectors of the blockchain industry.
## What is AURORA Token Supply and Allocation?
Max Supply is fixed to 1,000,000,000 tokens (one billion $AURORA).
AURORA Token Generation Event is November 18, 2021.
Unlocked tokens:
* 1% of total supply is allocated for IDO, deployment of pools on AMMs, market making, early partnerships;
* 1% is allocated to Aurora Labs to be used as incentives for project advisors;
* 48% is kept on AuroraDAO balance for future projects;
* 20% is kept in the community treasury;
* 3% is allocated to Aurora Labs to be distributed linearly evenly to the delegators of Aurora validator on NEAR.
Locked tokens:
* 16% Aurora Labs long term incentives (may also be subject to vesting scheme);
* 2% to early Aurora contributors (may also be subject to vesting scheme);
* 9% Aurora Labs private round investors.
The locked tokens are subjected to the unlocking scheme:
2 year unlocking scheme with linear unlock every 3 months and 6 months cliff starting the token launch date (25% unlocked after 6 months, then additional 12.5% after 9, 12, 15, 18, 21 and 24 months).
How to Buy AURORA on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing AURORA. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing AURORA.
Step 5: Purchase AURORA
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of AURORA you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy AURORA.
Step 6: Store Your AURORA
After purchasing, you can choose to store your AURORA in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and AURORA assets, be sure to use a strong password and enable two-factor authentication.
AURORA Price:Aurora is the next-generation Ethereum-compatible blockchain and ecosystem running on the NEAR Protocol, powering innovations behind Aurora Cloud—a fast track for Web2 enterprises to tap into Web3 value.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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