Aurora
About Aurora
Aurora is a collection of Ethereum applications and protocols that together create a decentralized banking and finance platform. Aurora provides customers with an advanced, open, and stable financial network available to 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 and debt, and is available to customers via loans based on their digital economic reputation. Traders on IDEX, the network’s decentralized smart contract exchange, can utilize the boreal as payment for trading fees or as a stable base currency.
Features
Features of trading platform IDEX:
- Real time. Post, fill, and cancel orders immidiately
- Robust. Trade matching is unaffected by Ethereum transaction backlog
- High Throughput. Fill multiple orders at once and trade continuously
- Secure. Smart contract settlement protects traders from theft and fraud
Technical Info
Aurora Roadmap
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October 2017
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IDEX launch on the mainnet. Semi-decentralized architecture consists of Ethereum smart contract plus central trading engine and transaction arbiter.
API integration. Opening the platform via API access has enabled the development of trading bots, increasing liquidity and improving market efficiency. -
December 2017
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IDXM membership sale starts
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January 2018
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AURA airdrop on IDXM holders
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Q3 2018
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Boreals go live with market making to stabilize the price
Deploy childchain architecture, allowing IDEX to increase transaction throughput. -
Q4 2018
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Decentralization of the orderbook and transaction arbiter. This completes the transition of the current IDEX product to a decentralized childchain exchange.
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Q1 2019
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Margin trading support. Including this functionality in the protocol will put the UX on par with existing centralized exchanges.
Launch the Snowglobe MVP, allowing other exchanges are now able to build on the protocol. This is dependent on the development of scaling solutions such as sharding.
Fully decentralized Aurora mvp with Decentralized Capital boreal loans
Activity
Team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Last News
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