Aurora, a decentralized crypto banking, and a financial platform are pleased to announce that they have listed their native currency AURA to KuCoin digital asset and cryptocurrencies trading platform.
Effective today, Aurora (AURA) is now available on KuCoin with supported trading pairs including AURA/BTC and AURA/ETH .
Aurora (AURA) Deposits Effective Immediately
Aurora (AURA) Withdrawal: 20:00 June 21, 2018 (UTC+8)
Aurora (AURA) Buying order: 21:30 June 21, 2018 (UTC+8)
Aurora (AURA) Selling order: 22:00 June 21, 2018 (UTC+8)
Aurora (AURA) Introduction
Aurora is a set of Ethereum applications and protocols that together create a decentralized banking and finance platform. Aurora implements an exceptional, open, and well-built financial network, available to anyone in the world regardless of geographic location or social status. Aurora’s stable currency, the boreal, is supported by an aggregate of cryptocurrency reserves, debt, and retailer endorsement, and is accessible to customers through loans in accordance to their digital financial standing.
Traders on IDEX, the network’s decentralized smart contract exchange, can use the boreal as a fee for trading charges or as stable base token.
The Aurora (AURA) Token
Snowglobe needs a well-designed incentive system to guarantee that the integrity of the child chain protocol is not jeopardized same to other blockchain networks. Aurora has its own native token known as AURA, that straightens the benefits of Aurora and the Snowglobe operators. Proceeds from Aurora is utilized to pay those who stake their AURA and render protection for the Snowglobe network. AURA staking aligns the economic matters of the operators with the strength of the network and makes it extremely expensive for any would-be intruder to disrupt transactions.
Aurora is executing a crypto rewards program, authorized by the AURA token, to jump-start exchange utilization and liquidity and promote the production of limit orders on IDEX.
Industry producers who set and execute limit orders on any IDEX market are qualified to earn AURA token grants. 20% of the total AURA token supply will be devoted to this Market Maker rewards program. AURA in the program will be given at a rate of 1% of the entire outstanding Market Maker rewards AURA per month, i.e., 0.2% of the total AURA supply, or 2 million AURA, will be issued in the first month. With each additional month, the sheer number of AURA rewards will be somewhat reduced, implementing an incentive for market makers to participate early and guaranteeing that the rewards program can proceed continually.
KuCoin Blockchain Asset Market
KuCoin is a world-class blockchain asset market, which has its own cryptocurrency called KuCoin Shares (KCS). KuCoin intends to accommodate users digital asset transactions and exchange services with guaranteed protection and convenience. It is accomplished by merging premium assets globally and assembling a state of the art transaction platform. KuCoin is a full-featured spot trading platform for various digital assets and cryptocurrencies that includes Bitcoin, Ethereum, NEO, EOS, USDT, KCS and many more.