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About AURORA

Aurora (AURORA) is a cryptocurrency launched in 2021. AURORA has a current supply of 999.90M with 551.76M in circulation. The last known price of AURORA is 0.221940505923 USD and is 0.003635280288 over the last 24 hours. It is currently trading on active market(s) with $8.82M traded over the last 24 hours. More information can be found at https://aurora.dev/.

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AURORA Price Statistics
AURORA’s Price Today
24h Price Change
+$0.0036352802881.67%
24h Volume
$8.82M204.97%
24h Low / 24h High
$0.0847713 / $0.09012974
Volume / Market Cap
0.072048489191
Market Dominance
0.00%
Market Rank
#487
AURORA Market Cap
Market Cap
$122.46M
Fully Diluted Market Cap
$221.94M
AURORA Price History
7d Low / 7d High
$0.08222675 / $0.09012974
All-Time High
$35.43Jan 17, 2022
All-Time Low
$0.08222675Jul 11, 2023
AURORA Supply
Circulating Supply
551.76M
Total Supply
999.90M
Max Supply
1.00Bn
Updated Dec 01, 2024 10:55 am
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AURORA
Aurora
$0.221940505923
$0.003635280288(+1.67%)
Mkt Cap $122.46M
There's nothing here for now
Central Banks Shift Focus From CBDCs To Instant Payment Systems, Survey Reveals
Central Banks Shift Focus From CBDCs To Instant Payment Systems, Survey Reveals
According to Odaily, a recent annual survey by the Official Monetary and Financial Institutions Forum (OMFIF) reveals a significant decline in the popularity of Central Bank Digital Currencies (CBDCs) as a tool for enhancing cross-border payments. The 2024 survey indicates that only 13% of respondents support CBDCs as a solution, a sharp decrease from 31% in 2023. In contrast, nearly half (47%) of the surveyed central bank governors favor interconnected instant payment systems, such as the United States' FedNow service, as the preferred future pathway. The survey also highlights that stablecoins have received zero support for the second consecutive year, reflecting central bank governors' lack of confidence in their ability to enhance global financial infrastructure. The waning interest in CBDCs coincides with the Bank for International Settlements (BIS) withdrawing from the mBridge project. Although BIS denies any political motivations, this move underscores the global tensions surrounding CBDC adoption. Additionally, the survey emphasizes the enduring dominance of the US dollar, with only 11% of central banks reporting a reduction in its usage. This trend is primarily driven by geopolitical uncertainties that have increased demand for the dollar as a safe haven. The survey also points out the challenges faced by the correspondent banking system, which has long facilitated international settlements but is increasingly viewed as outdated and costly due to complex Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. The delayed adoption of the ISO 20022 messaging standard may exacerbate this decline, prompting central banks to explore alternative solutions such as tokenization. Over 40% of central banks in developed markets consider tokenization a promising innovation and plan to begin research in this area within the next three to five years.
Dec 01, 2024 10:23 am

Frequently Asked Questions

  • What Is Aurora?

    Aurora is a product that helps Ethereum users and dApps to easily move to the NEAR blockchain. It allows users to do two distinct things: upload and interact with Solidity smart contracts on NEAR blockchain and move assets (including ERC-20 tokens) between Ethereum, NEAR and Aurora via the Rainbow Bridge..

    Aurora’s base token is ETH to deliver the best user experience and familiar tooling for developers.

    AURORA token is a governance token to ensure proper upgrades to the protocol. Aurora is governed by AuroraDAO which includes representatives from different ecosystems and sectors of the blockchain industry.

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  • What is AURORA Token Supply and Allocation?

    Max Supply is fixed to 1,000,000,000 tokens (one billion $AURORA). AURORA Token Generation Event is November 18, 2021.

    Unlocked tokens:

    • 1% of total supply is allocated for IDO, deployment of pools on AMMs, market making, early partnerships;
    • 1% is allocated to Aurora Labs to be used as incentives for project advisors;
    • 48% is kept on AuroraDAO balance for future projects;
    • 20% is kept in the community treasury;
    • 3% is allocated to Aurora Labs to be distributed linearly evenly to the delegators of Aurora validator on NEAR.

    Locked tokens:

    • 16% Aurora Labs long term incentives (may also be subject to vesting scheme);
    • 2% to early Aurora contributors (may also be subject to vesting scheme);
    • 9% Aurora Labs private round investors.

    The locked tokens are subjected to the unlocking scheme: 2 year unlocking scheme with linear unlock every 3 months and 6 months cliff starting the token launch date (25% unlocked after 6 months, then additional 12.5% after 9, 12, 15, 18, 21 and 24 months).

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  • Who Are the Team of Aurora?

    Aurora Labs CEO is Dr. Alex Shevchenko, Ph.D. in physics and math, entrepreneur, blockchain enthusiast since 2015, developer of Bitfury’s Exonum and a strong believer of blockchain scalability solutions.

    Aurora Labs CTO is Arto Bendiken, autodidact, cypherpunk, entrepreneur, and prolific open-source author with 20+ years of professional software engineering experience working with organizations such as the European Space Agency (ESA) and the U.S. Navy’s Space and Naval Warfare Systems Command (SPAWAR).

    Aurora Labs Head of Security & Infrastructure is Frank Braun, Ph.D. in computer science with 20+ years experience in building complex software systems. Worked on scientific software, encrypted messaging systems, and digital currencies.

    Aurora Labs Engine Team Lead is Joshua J. Bouw, who has over 10 years of experience at the intersection of crypto-economic design, software development, and open-source ecosystem creation. Heralded as 'The Godfather of Proof of Stake' for his early role in the development of Proof of Stake Consensus Mechanisms.

    Aurora Labs Bridge Team Lead is Kirill Abramov, software engineer with over 6 years of experience in the development of high-performance software. Passionate about Blockchain space and has a rich experience developing custom blockchains, implementing apps for HW and building cross-chain solutions.

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  • What is the all-time high price of Aurora (AURORA)?

    The all-time high of AURORA was 35.43 USD on 2022-01-17, from which the coin is now down 99.37358028246402%. The all-time high price of Aurora (AURORA) is 35.43. The current price of AURORA is down 99.37358028246402% from its all-time high.

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  • How much Aurora (AURORA) is there in circulation?

    As of , there is currently 551.76M AURORA in circulation. AURORA has a maximum supply of 1.00Bn.

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  • What is the market cap of Aurora (AURORA)?

    The current market cap of AURORA is 122.46M. It is calculated by multiplying the current supply of AURORA by its real-time market price of 0.221940505923.

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  • What is the all-time low price of Aurora (AURORA)?

    The all-time low of AURORA was 0.08222675 , from which the coin is now up 169.91277889859444%. The all-time low price of Aurora (AURORA) is 0.08222675. The current price of AURORA is up 169.91277889859444% from its all-time low.

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  • Is Aurora (AURORA) a good investment?

    Aurora (AURORA) has a market capitalization of $122.46M and is ranked #487 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Aurora (AURORA) price trends and patterns to find the best time to purchase AURORA.

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