Aurora
AURORA
Explore Aurora
Create a Coinbase account to buy and sell Aurora and start your crypto journey!
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment Risk
Baseline risk
All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.
•
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
•
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
•
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
•
Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
About Aurora
AURORA is the ERC-20 governance token of Aurora, an Ethereum-compatible scaling solution built on the NEAR Protocol. Developers can easily deploy their existing decentralized applications on Aurora, allowing users to take advantage of low-cost, high-speed transactions enabled by the NEAR Protocol’s scaling capabilities.
Resources
Aurora is a product designed to facilitate the transition of Ethereum users and decentralized applications (dApps) to the NEAR blockchain. It provides a platform for users to upload and interact with Solidity smart contracts on the NEAR blockchain and transfer assets, including ERC-20 tokens, between Ethereum, NEAR, and Aurora via the Rainbow Bridge. Aurora's base token is ETH, which may be familiar to developers. The AURORA token is intended to facilitate community participation in decision-making processes related to protocol upgrades. Aurora is governed by AuroraDAO, which includes representatives from various ecosystems and sectors of the blockchain industry.
Aurora operates as an Ethereum Virtual Machine (EVM) implemented as a smart contract on the NEAR Protocol. It seeks to scale the Ethereum ecosystem, allowing developers to operate their apps on an Ethereum-compatible platform. Aurora is compatible with many tools in the Ethereum ecosystem, such as MetaMask, Truffle, Hardhat, and Remix. It also features NEAR's trustless bridge to Ethereum, meaning the assets on Aurora are the same as Ethereum. For instance, account balances in Aurora's EVM are denominated in the same Ether (ETH) as on Ethereum itself.
Aurora seeks to enhance the user experience in the blockchain industry by providing a platform that allows Ethereum users and dApps to transition to the NEAR blockchain. It enables users to upload and interact with Solidity smart contracts on the NEAR blockchain and transfer assets between Ethereum, NEAR, and Aurora. This positions Aurora as a potential option for developers seeking to operate their apps on an Ethereum-compatible platform. Furthermore, Aurora's governance token, AURORA, is intended to facilitate community participation in decision-making processes related to protocol upgrades.
Aurora was developed by Aurora Labs, led by CEO Dr. Alex Shevchenko, a Ph.D. holder in physics and math, and a blockchain enthusiast since 2015. The team also includes Arto Bendiken, the CTO, and Frank Braun, the Head of Security & Infrastructure, among others. The AURORA Token Generation Event took place on November 18, 2021. The token supply is fixed at 1,000,000,000 tokens (one billion $AURORA), with a specific allocation and unlocking scheme for different stakeholders. Aurora has received support from venture capital firms including Pantera Capital, Electric Capital, and Dragonfly Capital.
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Market
United Kingdom Market Stats
£72.4M
£1.3M
469.5M AURORA
13 days
#498
£27.80
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
United Kingdom Market performance
-0.18%
+1.55%
-2.49%
-8.65%
-12.05%