What is AURORA?
Aurora is a collection of Ethereal applications and protocols that together create a decentralized banking and financial platform. Aurora provides a sophisticated, open, and stable financial network to anyone in the world regardless of geographic location or class status. Aurora's own stable, boreal currency, backed by a combination of cryptocurrency and debt reserves, and is available to customers through loans based on their digital economic reputation. Traders at IDEX, decentralized smart contract exchanges, can utilize boreal as payment for trade costs or as a stable base currency.
Price
Each DVIP is priced at $ 3,000.
Sales begin: Monday 4 December 2017 at 16:00 UTC
ends: Thursday 4 January 2018 at 16:00 UTC.
Purchase Logistics
The DVIP token is available for sale through smart contracts, and can be purchased using ETH by clicking on the buy button above. DVIP is divided into 2 decimal places. The contract is configured to sell every DVIP for $ 3,000. When a new purchase transaction arrives, the contract will automatically issue the appropriate number of DVIP tokens to the sender's address, as well as the return on ETH excess. To ensure the transaction is successful, set the gas limit at the level of 150,000 or more. "DO NOT SEND DIRECT TRANSACTIONS FROM ADDRESS ADDRESS AS YOU MIGHT NOT GET YOUR DVIP OF THE EXCHANGE.
Redeeming DVIP for Aurora tokens (AURA)
Approximately 2 weeks after the DVIP membership sale begins, DVIP holders will be entitled to exchange their membership tokens for AURA and a new membership token known as IDXM. Stocks will occur through the Ethereum smart contract. The DVIP holder will receive 50,000 AURA and one IDXM token per full DVIP. IDXM authorizes the token holder only in exchange for trading fees and membership benefits and is not redeemable with more AURA tokens.
Membership Usage on IDEX
To use your membership simply submit a DVIP / IDXM wallet token to the same wallet you used for IDEX transactions and smart contracts will do the rest! No need to deposit membership to IDEX. Trading in IDEX initiated by DVIP-compliant customers is eligible to reduce trade costs or increased accumulated rewards, wherever members choose. When holding less than one whole DVIP / IDXM the benefit tokens are pro-rated, ie 0.5 DVIP / IDXM entitles members to ½ of IDEX trading costs. Users can purchase more than one membership, but only one member can be active at once for one wallet.
Transfer Rights
The DVIP / IDXM token can be transferred to another wallet in Ethereal. If the transfer, membership benefits on IDEX only apply after one week incubation period; any trades beginning before the end of the incubation period will incur a standard transaction fee. This incubation period has been institutionalized to prevent abuse of violations of membership rights (such as buying for five minutes to start trading before re-listing on the exchange). Changes to the balance of DVIP / IDXM will reset the incubation period for all non-incubated DVIP / IDXM. Active DVIP / IDXM is not affected by balance changes.
AURORA TEAM IDEX
CEO: Alex Wearn [https://www.linkedin.com/in/alexwearn]
COO: Phil Wearn [https://www.linkedin.com/in/philwearn]
CTO: Raymond Pulver [https://www.linkedin.com/in/raymond-pulver-iv-9504038a]
Full Stack Developer: Brian Fernalld [https://www.linkedin.com/in/brianfernalld]
CALCULATION TIME RECORDING TO PARTICIPATE IN ICO:
More information about AURORA and IDEX read the whitepaper here:
https://auroradao.com/assets/Aurora-Labs-Whitepaper-V0.9.3.pdf
Contact Information Website: https://auroradao.com/ and https://idex.market/
Whitepaper: https://auroradao.com/assets/Aurora-Labs-Whitepaper-V0.9.3.pdf
Bitcointalk: https://bitcointalk.org/index.php? Topic = 2293277.0Mediumhttps: //medium.com/aurora-dao
Reddit: https://www.reddit.com/r/auroradao/
Twitter: https://twitter.com/aurora_dao
Telegram: https://t.me/joinchat/FT1IVA8AWHiyUkU3adehxA
AUTHOR : https://bitcointalk.org/index.php?action=profile;u=1445306
MY WALLET : 0x2A50375573A1B9A65De13dC27c6A25FC778d5512
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