Aura Crypto Platform

The Aura Network was founded by Hoang-Giang Tran and co-founders Yamato Tran and Steve Nguyen in 2021. Aura Network is an open-source layer-1 NFT-centric blockchain platform which focuses on chain optimization for NFT use cases. In order to comprehend the Aura Network, we should make explicit the NFT concept first. NFT stands for non-fungible token. NFT can be considered a kind of cryptocurrency which represents valuable assets. Both digital and physical assets can be bought with crypto tokens in the digital platform. NFTs are built on a smart contract compatible blockchain networks similar to Ethereum or Avalanche. Different networks such as Ethereum, BSC, Avalanche, Solana, and BNB Smart Chain have their own NFTs and NFT marketplaces. The main problem with the NFT is collaborations and transactions between these different Blockchain Ecosystems. Thus, the purpose of the Aura Network is to create an ideal network to optimize all of the NFT platforms. For the future, the Aura Network team plans to create a one-stop destination for minting, evaluating, querying, and transacting NFT, and become a guide NFT infrastructure.

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Pros

$302,967,365 USD currently invested (TVL)

Investments in 77 coin pairs available

Supports 4 protocols including Optimism, Arbitrum and Ethereum

Cons

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

Aura Staking Yields

Aura Reviews

Aura Supported Currencies

Aura supports over 40 currencies including Lido DAO, Gnosis, Ribbon Finance and Compound.

Aura Key Data

Company

Year founded	2020
Decentralised	Yes

Security

Know your customer

No

Key People

Steve Nguyen

Co-Founder

Yamato Tran

Hoang-Giang Tran

Co-Founder

Useful Links

Aura Contact Details