About

In May 2019 Aurora's branding and token were consolidated under the IDEX name.

Aurora’s mission is to build a collection of decentralized applications, including IDEX—the first real-time non-custodial trading platform—that together form a distributed financial and banking platform. Founded by a group of blockchain enthusiasts who aspire to see digital currency flourish, Aurora aims to provide decentralized financial solutions to anybody in the world.

History

Aurora is a collection of blockchain applications that form a completely decentralized financial and banking platform. Founded by a group of blockchain enthusiasts who aspire to see digital currency flourish, Aurora aims to provide these decentralized financial solutions to anybody in the world, regardless of location and status.

Aurora's flagship product—IDEX—is the first real-time, non-custodial trading platform to provide on-chain settlement and self-custody through the use of a hybrid architecture. Users must approve every transaction with their private keys, ensuring they are always in control of their funds, while the platform handles broadcasting transactions to the blockchain. This allows IDEX to update account balances and order books in real time, giving users the experience of a centralized trading platform without sacrificing security or user control. IDEX will evolve into a fully-decentralized trading platform through AURA staking. This will allow users who hold and stake AURA tokens to run specialized nodes that perform various exchange functions. In return for decentralizing various “tiers” of IDEX’s architecture, node operators earn compensation in ether (ETH) based on their AURA staked, node tier, and node uptime.

Aurora will also develop a stablecoin (the boreal) and banking platform (Decentralized Capital) that integrate with IDEX and the AURA staking network.