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What is Aurora
Aurora's own currency is backed by a combination of cryptocurrency reserves and debt, and is available to customers via loans based on their digital economic reputation.
Aurora is implementing a crypto rewards program, enabled by the Aurora token, to encourage the creation of limit orders on IDEX market are eligible to receive Aurora token grants.
Fees from the Aurora banking system will then flow back to those who stake the Aurora token and provide the economic foundation.
Aurora customers can deposit their Ethereum assets with the bank, and in return receive a new Ethereum cryptobond. The new bond will have a set duration and interest rate.
Aurora snowglobe is a protocol for high-perfomance, EVM-compatible, decentralized childchain exchanges.
The integrity of the parent chain is enforced by the Aurora token.
IDEX launch on the mainnet. Semi-decentralized architecture consists of Ethereum smart contract plus central trading engine and transaction arbiter.
IDXM membership sale starts
AURA airdrop on IDXM holders
Boreals go live with market making to stabilize the price
Decentralization of the orderbook and transaction arbiter. This completes the transition of the current IDEX product to a decentralized childchain exchange.
Margin trading support. Including this functionality in the protocol will put the UX on par with existing centralized exchanges.
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