$AUF 50%
ETH 50%
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ENDS IN — 1 DAY
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$0,00Status
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Current Balances
0 0% $AUF 0 0% ETH
Token Released
May 15, 2023 1:00 AM GMT+2Accrued
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What is a Liquidity Bootstrapping Pool?
Liquidity bootstrapping pools (LBPs) are a special AMM pool type pioneered by Balancer that can be understood as a modified dutch auction. LBPs use dynamic weighting of assets in pools to more easily distribute tokens to the broader community in a way seen as more fair than traditional IDO methods.
How does it work?
LBP's start at a high weight of the distributed token ('Token B') and a low weight of the acquired token ('Token A') with a pre-established price often set higher than what the market would deem fair. Over the course of the LBP, the price periodically changes depending on the buy and sell pressure of the distributed asset.
What is AURORA and what are the risks?
AURORA is a LBP platform for Arbitrum native token launches. There are inherent risks in participating in early-stage projects and nascent blockchain technology. Read more on our docs.
The Aurora Foundation is driven by a profound mission to reshape the landscape
of decentralized finance through transparency, fairness, and community
empowerment.
Our purpose is to serve as a catalyst for innovation, bridging the gap between
visionary blockchain projects and dedicated supporters. By harnessing the power
of Liquidity Bootstrapping Pools (LBPs), we aim to revolutionize the way
projects launch, grow, and thrive in the ever-evolving world of decentralized
finance.
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