Aurora Labs

Aurora Labs is a company that has developed an ecosystem for blockchain solutions. It was founded in 2021 with the majority of the team also working on the NEAR Protocol. The main solution that the company has developed is an Ethereum Virtual Machine (EVM) which is, a turn-keyturnkey solution for developers. It allows them to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform, with low transaction costs for their users.

The Aurora environment is composed of various solutions, including Aurora Engine and Rainbow Bridge.

The Aurora Engine is the official EVM of NEAR Protocol. It is powered by SputnikVM and allows developers to deploy their decentralized applications (dappsdApps) with low gas fees. The team behind Aurora states that it recommends for users to interact with the protocol using wallets, such as MetaMask or Hardhat. Dozens of dappsdApps have already been launched, with some related to decentralized finance (DeFi), gaming, and non-fungible tokens.

Aurora has developed a bridge called Rainbow Bridge, and it has been designed to facilitate the trustless transfer of ETH and ERC20 tokens between Ethereum, Aurora, and the NEAR Protocol. There have been several versions of this bridge, with the first being called Aurora Bridge. The name was changed to Rainbow Bridge in the second version, and as of May 2023, Rainbow Bridge 2.0 is available to users.

The Aurora token, which is called AUROR

AThe Aurora token, AURORA, was released on Ethereum and is the governance token of the project. The token was first launched on October 7, 2021, with a total supply of one billion.

• 16% (160 million) – Aurora Labs long termlong-term incentives. Tokens are subjected to a vesting scheme determined by Aurora Labs.

Aurora is governed by the Aurora decentralized autonomous organization (DAO). There are high-levelHigh-level seats for the council of this DAO, which are held by people from AuroaAurora Labs, investors, and ecosystem partners. Holders of AURORA will periodically be able to vote on the council and who holds seats.

Other solutions that have been developed by Aurora include Aurora Cloud, Aurora Doves (NFTS), and Aurora+, an elevated version of Aurora withthat gives rewards to members.

Aurora Labs is a company that has developed an ecosystem for blockchain solutions. It was founded in 2021 with the majority of the team also working on the NEAR Protocol. The main solution that the company has developed is an Ethereum Virtual Machine (EVM) which is a turn-key solution for developers. It allows them to operate their apps on an EthereumEthereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.

The Aurora environment is composed of various solutions including the of the Aurora Engine and the AuroraRainbow Bridge.

The Aurora Engine is an Ethereum Virtual Machine (EVM) and is the official EVM of NEAR Protocol.ItProtocol. It is powered by SputnikVM and allows developers to deploy their decentralized applicationsdecentralized applications (dapps) with low gas fees. The team behind Aurora states that it recommends for users to interact with the protocol using wallets such as MetaMaskMetaMask or Hardhat. Dozens of dapps have already been launched with some related to decentralized financedecentralized finance (DeFi), gaming, and non-fungible tokens.

Aurora has developed a bridge called Rainbow Bridge and it has been designed to facilitate the trustless transfer of ETHETH and ERC20ERC20 tokens between Ethereum, Aurora, and the NearNEAR Protocol. There have been several versions of this bridge, with the first being called Aurora Bridge. The name was changed to Rainbow Bridge in the second version and as of May 2023, Rainbow Bridge 2.0 is available to users.

The Aurora token, which is called AUROR

The Aurora token, which is called AURORAA, was released on Ethereum and is the goverance governance token of the project. The token was first launched on October 7, 2021 with a total supply of one billion.

The token allocation is broken down as follows:

• 20% (200 million) – Community Treasury
• 16% (160 million) – Aurora Labs long term incentives. Tokens are subjected to a vesting scheme determined by Aurora Labs.
• 9% (90 million) – Aurora Labs private round investors. These tokens are subjected to the unlocking scheme.

• 3% (30 million) – Allocated to Aurora validator delegators.
• 2% (20 million) – Early AURORA contributors. Allocations should be provided by NEAR Foundation. These tokens should be subjected to the unlocking scheme. NEAR Foundation may implement a vesting scheme for these tokens.
• 1% (10 million) – Allocated to Aurora Labs to be used as incentives for project advisors
• 1% (10 million) – Allocated for bootstrapping the AURORA ecosystem.
• 3% (30 million) – Allocated for Aurora Labs growth round
• 2.6% (26 million) – Allocated for ongoing grant programs
• 1.8 % (18 million) – Allocated for ongoing projects
• 40.6% (406 million) – Kept on the DAO balance for future projects

Token allocation

Aurora is goverend governed by the Aurora decentralized autonomous organizationdecentralized autonomous organization (DAO). There are high-level seats for the council of this DAO, which are held by people from Auroa Labs, investors, and ecosystem partners. Holders of AURORA will periodically be able to vote on the council and who holds seats.

Other solutions that have been developed by Aurora include Aurora Cloud, Aurora Doves (NFTS) and Aurora+Aurora+, an elevated version of Aurora with gives rewards to members.

The Aurora Engine is an Ethereum Virtual Machine (EVM) and is the official EVM of NEAR Protocol.

The Aurora Engine is an Ethereum Virtual Machine (EVM) and is the official EVM of NEAR Protocol.It is powered by SputnikVM and allows developers to deploy their decentralized applications (dapps) with low gas fees. The team behind Aurora states that it recommends for users to interact with the protocol using wallets such as MetaMask or Hardhat. Dozens of dapps have already been launched with some related to decentralized finance (DeFi), gaming, and non-fungible tokens.

Aurora Bridge, facilitating the trustless transfer of ETH and ERC20 tokens between Ethereum and Aurora, within a great user experience.

Aurora exists and will be operated as an independent, self-funded initiative, but will continue to leverage the shared team DNA and continually evolving technology of the NEAR Protocol.

Aurora Bridge tutorial

Aurora has developed a bridge called Rainbow Bridge and it has been designed to facilitate the trustless transfer of ETH and ERC20 tokens between Ethereum, Aurora, and the Near Protocol. There have been several versions of this bridge, with the first being called Aurora Bridge. The name was changed to Rainbow Bridge in the second version and as of May 2023, Rainbow Bridge 2.0 is available to users.

The Aurora token, which is called AURORA, was released on Ethereum and is the goverance token of the project. The token was first launched on October 7, 2021 with a total supply of one billion.

The governance of Aurora will take a hybrid form of a Decentralized Autonomous Organization—the AuroraDAO—complemented by a traditional entity that will hold one of several seats in the AuroraDAO.

Aurora is goverend by the Aurora decentralized autonomous organization (DAO). There are high-level seats for the council of this DAO, which are held by people from Auroa Labs, investors, and ecosystem partners. Holders of AURORA will periodically be able to vote on the council and who holds seats.

Other solutions that have been developed by Aurora include Aurora Cloud and Aurora+, an elevated version of Aurora with gives rewards to members.

Aurora Labs is a company that has developed an ecosystem for blockchain solutions. It was founded in 2021 with the majority of the team also working on the NEAR Protocol. The main solution that the company has developed is an Ethereum Virtual Machine created by thewhich team at the NEAR Protocol, deliveringis a turn-key solution for developers. It allows them to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.

Aurora Bridge tutorial

The Aurora environment is composed of various solutions including the of the Aurora Engine and the Aurora Bridge.

The Aurora Engine is an Ethereum Virtual Machine (EVM) and is the official EVM of NEAR Protocol.

Aurora environment consists of the Aurora Engine, a high-performance EVM—Ethereum Virtual Machine—and the Aurora Bridge, facilitating the trustless transfer of ETH and ERC20 tokens between Ethereum and Aurora, within a great user experience.

Aurora exists and will be operated as an independent, self-funded initiative, but will continue to leverage the shared team DNA and continually evolving technology of the NEAR Protocol.

Aurora exists and will be operated as an independent, self-funded initiative, but will continue to leverage the shared team DNA and continually evolving technology of the NEAR Protocol.

Aurora Bridge tutorial

AuroraAurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.