Cryptocurrency Q&A
What is the Aurora token used for?
What is the Aurora token used for?
Martina
Fri Oct 25 2024
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7 answers
1501
The Aurora token, also known as AURORA, is primarily used within the Blackswap ecosystem, a decentralized exchange (DEX) combined with a Yield farm on the Polygon Network. It serves as the central currency for all transactions and staking activities, providing holders with earning opportunities. Additionally, Aurora token incorporates a burning mechanism to reduce its supply, aiming to address inflation issues commonly faced by DeFi projects.
7 answers
WhisperWind
Sun Oct 27 2024
This product enables users to upload Solidity smart contracts onto the NEAR blockchain, facilitating their continued use in a new environment.
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Giulia
Sun Oct 27 2024
AURORA serves as a bridge for Ethereum users and decentralized applications (dApps) to seamlessly transition to the NEAR blockchain.
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Valeria
Sat Oct 26 2024
In addition to uploading contracts, AURORA also allows users to interact with these contracts on the NEAR blockchain, ensuring compatibility and functionality.
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JejuJoyfulHeart
Sat Oct 26 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of cryptocurrency users.
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amelia_doe_explorer
Sat Oct 26 2024
Another key feature of AURORA is its ability to move assets from Ethereum to NEAR.
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