Topic: 🔵 [ANN][ICO] 50% SOLD! Aurora 🔥 Decentralized Finance and Banking + Exchange 🔵 - page 10. (Read 11239 times)

This is a project I'm closely watching. I have traded Mysterium there recently and I can easily tell it is 100x better usage wise than ED's old as fuck system.

You guys just need some volume and I think it will happen with a couple of new projects.

Thanks! We're growing every day getting more users and getting the word out. Aurora/IDEX is a really big project and we've got a lot of marketing to do. 

Trade fees are 0.1% maker and 0.2% taker. Taker also pays the ethereum gas fees on trades which right now is about 4 cents per trade.


Bounty and sale are in DVIP, which is a membership that comes with 50,000 AURA per DVIP.

We have 2 tokens but are only selling DVIP. DVIP is a membership that gets free trades on IDEX until 2020 and AURA is the utility token of the system that works once it is fully decentralized. Each DVIP also comes with 50,000 AURA per full DVIP. DVIP works now and AURA will be used for staking once we are fully decentralized. When you can stake AURA you will get rewarded fees from IDEX and Boreal banking in return for securing the network.

DVIP = Membership with free trades on IDEX until 2020 and also comes with 50,000 AURA. 2,000 DVIP exist total.

AURA = Staking token of Snowglobe/Aurora network, in return for staking you get IDEX trade fees and fees from Boreal banking. Total supply of AURA is 1,000,000,000. 10% of those AURA are for DVIP holders, 40% is for hacking our growth through rewards programs and 50% is being kept by Aurora with the exact distribution detailed in the ANN thread.


The only way to get AURA is to buy DVIP or to trade on IDEX and get paid rewards in AURA.

We have 2 tokens but are only selling DVIP. DVIP is a membership that gets free trades on IDEX until 2020 and AURA is the utility token of the system that works once it is fully decentralized. Each DVIP also comes with 50,000 AURA per full DVIP. DVIP works now and AURA will be used for staking once we are fully decentralized. When you can stake AURA you will get rewarded fees from IDEX and Boreal banking in return for securing the network.

DVIP = Membership with free trades on IDEX until 2020 and also comes with 50,000 AURA. 2,000 DVIP exist total.

AURA = Staking token of Snowglobe/Aurora network, in return for staking you get IDEX trade fees and fees from Boreal banking. Total supply of AURA is 1,000,000,000. 10% of those AURA are for DVIP holders, 40% is for hacking our growth through rewards programs and 50% is being kept by Aurora with the exact distribution detailed in the ANN thread.


The only way to get AURA is to buy DVIP or to trade on IDEX and get paid rewards in AURA.

how much fee at trade idex? i see total supply 1.000.000.000 aurora, but why for bounty just 2000 aurora?

total supply only 2000 tokens?? it's really a little amount. limited supply can make this token has a high value because of the scarcity.

Yes, this one, etherdealta is slow and by the time you fill up some good deal, some have already completed the contract for it. Any exchange other than etherdealta is good for me.

I liked the last few lines you mentioned and this solves most of the problem with decentralized exchanges.I hope you achieve the max target for your project.

Hello everyone,

We have updated our token sale end date to January 4th, 2018 at 4pm UTC. It previously had no end date. The sale will happen from December 4th, 2017 4pm UTC to January 4th, 2018 4pm UTC.

Let us know if you have any questions.

Yup, exactly. We had DVIP from before when we were operating as Decentralized Capital and when we made the switch to Aurora we didn't want to screw the people who had bought DVIP. So we kept DVIP as the IDEX membership and added the AURA benefits to them. When you claim your AURA from DVIP we need to make sure you can't get more AURA, so that is why you'll get a new membership too.

good information sir. so once ico starts we can change the DVIP to AURA and new membership token. I think it helps other participants. success for Aurora IDEX. thank you

Ok thank you

Yup, if you click on our names here it will take you to the linkedin for each member. We are also very easy to find on google if you search our names.

Hey self1sch! Approximately 2 weeks after the beginning of our sale users will be able to turn their DVIP into AURA and the new membership token. Check back about a week after the sale starts and there is no way you'll miss the announcement on how to switch them out.

Thanks for your early support, really means a lot!

Does the team have LinkedIn accounts?

When can I exchange the DVIP from the presale for coins?

We now have over 300 members in our telegram channel!

Come signup and talk about about the project with the team. Remember you can even earn rewards for joining our channel

Awesome! IDEX definitely solves those problems you are having, volume is low now but once we get some more liquidity things should really pick up fast!


Great question!

Short answer: You will never know about the backlog unless you are trying to withdraw. If you are trying to withdraw you have to wait for all transactions to settle first.

Long answer: IDEX consists of 2 databases, one off chain that updates in real time with your cryptographically signed transactions and the smart contract which is the source of truth of who owns what. When you make a trade we first check that your trade info will not fail, and if the trade will go through fine we mark the trade as complete on our database and update the UI. On the backend the trade is then sent to ethereum to be mined. This allows us to match trades in real time and then settle them a few minutes later, giving the UX of a centralized exchange while keeping the security of a decentralized exchange. This means that you can make trades again and again before they mine, leading to a much better UX during a tx backlog. For example if an ICO has backlogged ethereum you can keep trading normally like the backlog doesn't exist and once it clears up all of your trades will be mined. The only time this is not great is if you are trying to withdraw as you will have to have all of your trades mine fist.

New blog post today on how Aurora (parent company of IDEX) is much bigger than just a DEX! Come learn about how we're tackling the problem of a price-stable cryptocurrency and how we'll use IDEX as the base for it all 

https://medium.com/aurora-dao/aurora-idex-stablecoin-free-banking-d8da232a1978

Found this project today, and this solves most of the problem we are facing with etherdelta.I have been using etherdelta for some time and was not much happy with the slow transactions to complete each buy/sell.

During complex crowdsale for example "BAT", when there are numerous transactions happening to join some crowdsale, how does the exchange tackle the issues when all/most of the transactions are in pending status for a long time?