Aurora
What is Aurora?
Aurora is a solution, that allows to execute Ethereum contracts in a more performant environmentโNEAR blockchain, a modern layer-1 blockchain which is fast (2-3 second transaction finalization), scalable, and carbon neutral.
Aurora is an Ethereum Virtual Machine (EVM) implemented as a smart contract on NEAR Protocol.
$stAUR
What is $stAUR?
Staked AURORA (stAUR) is a liquid token that represents your deposit/position with Meta Pool in the AURORA Chain.
Iโm an Aurora token holder, why $stAUR is important to me?
If you stake $AURORA, you can get $stAUR and it's like keeping your $AURORA tokens and increasing their valuation with an APY currently of approx. 19%
Is it possible to have a depeg of $stAUR price?
The $stAUR mechanism doesnโt have a viable depeg scenario for a normal operation. The increase of prices of $stAUR is generated by Aurora +, a trusted source of rewards. The $AURORA tokens are available to withdraw and claim at any moment via the fast or delayed unstake.
Wrapped $stNEAR
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