Aurox has redefined cryptocurrency trading through its proprietary trading terminal, and now, it will redefine DeFi. The Urus token will power Aurox Lend and Aurox Trade. It will create the first decentralized lending protocol which allows users to place orders on multiple exchanges using margin. This creates the highest APY interest rates for the decentralized lenders while giving the traders the most comfortable trading environment.
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What is Aurox
Aurox is a trading platform that solves DeFi lending and DEX limitations by leveraging the efficiency in decentralized lending to power its 4x margin lending capabilities, while providing a robust order execution platform that offers speed and low cost through the elimination of smart contracts.
The recent boom in decentralized finance has led to the rapid adoption of Lending and Borrowing platforms such as Compound and Aave, and Decentralized Exchanges such as Uniswap. Despite their proven economic value, each of these individually have limitations.
Uniswap like all Automatic Market Makers, has issues guaranteeing price execution for large order sizes, and due to the exclusive reliance on smart contracts, is slow and costly to use.
In order to serve a broad range of use cases, lending platforms like Compound must allow borrowers to take funds off-platform, requiring a greater ratio of collateral than assets borrowed. This is problematic for most borrowers, and greatly limits the usability of the platform.
DetailsPre-sales: Feb 19, 2021 - Feb 28, 2021
Token supply: 1,000,000 URUS
Total tokens for sale: 100,000 URUS
LegalBlockchain Platform: Ethereum
Registration country: United States
Registration year: 2020
Token infoTicker: URUS
Token price in USD: 1 URUS = 1 USD
Accepted currencies: USDT
Liquidity Mining with up to 195% APY
Staking with up to 63% APY
Reserves - 10%
Uniswap Listing - 10%
Exchange Reserve Listing - 5%
Team Investment - 15%
Public - 65%
Legal - 10%
Marketing - 20%
Operations - 30%
Platform Development - 40%