IDEX and the Aurora project are growing exponentially from every angle. Below is a quick overview of key milestones, updates, and other information to get you up-to-speed with our latest progress:

Major Milestones

IDEX hit the 50,000 user mark only 5 months after launch!

IDEX is currently the #1 decentralized exchange (DEX) by trading volume according to CoinMarketCap*

by trading volume according to CoinMarketCap* IDEX hit the $10M daily trading volume mark a few weeks ago, breaking through an important milestone

Project Updates

It’s been an exciting month at Aurora, and we have many updates to share with the community.

AURA Staking Token Details

We released new details about Aurora’s AURA token and how it will allow our community to earn a share of fees generated by IDEX and future Aurora projects by staking the token and helping secure Aurora’s fully-decentralized network.

IDEX Platform Updates

AURA rewards are now distributeed to takers as well as makers (60% of all rewards go to takers/40% of all rewards go to makers). Previously, only makers would earn AURA rewards — now everyone who trades on IDEX earns rewards for every trade. Get started in seconds.

(60% of all rewards go to takers/40% of all rewards go to makers). Previously, only makers would earn AURA rewards — now everyone who trades on IDEX earns rewards for every trade. Get started in seconds. IDXM bounty rewards were distributed to the community. A huge thank you to the thousands of individuals who helped grow our platform from nothing to over 50,000 users!

A huge thank you to the thousands of individuals who helped grow our platform from nothing to over 50,000 users! Performance of common interactions on IDEX, such as balance updates and order books, have been improved by over 3x. We have plans to dramatically improve performance further in the near term.

We have plans to dramatically improve performance further in the near term. Network gas prices have become more transparent. The current gas price of trades and withdrawals is now displayed in the in the global nav, helping users determine when it’s best for them to trade or hold off depending on network congestion.

Meet Our New Advisors

As Aurora continues to grow IDEX and future service offerings, we have brought in some top veteran talent from both the financial and technology sectors to help guide the ongoing success of the project.

Enzo Villani

As Managing Director for the NASDAQ stock exchange, Enzo co-founded NASDAQ Global Corporate Solutions Group. After spending six years at NASDAQ, he co-founded and became Chief Strategy Officer for the corporate communications investment fund SAGE Holdings. Prior to his current position as Managing Director of Transform Group, he was CEO of Equities.com — the world’s largest middle-market and emerging growth company content publisher. He has raised over $500M to build innovative, sector-leading companies.

Cory Klippsten

Cory has supported more than $150M of equity raises and token sales from top VCs in rounds ranging from $2–30M. He works with Distributed Network Advisors, BlockV, Tesloop, and Aurora (among other projects). He has also held strategic positions at companies such as Google, McKinsey, Microsoft and Morgan Stanley.

Andy Sack

Andy Sack is a venture capitalist and serial entrepreneur residing in Seattle, Washington. He is co-founder of a number of companies including Founder’s Co-op, Lighter capital, Innovation Arts Group, Code Fellows and Techstars Seattle. With over 20 years of experience in the technology and finance area, he has developed a great network of investors and entrepreneurs. Andy is recognized as a community leader in the Seattle tech scene.

The Future of IDEX

There are many exciting things on the horizon as Aurora continues to build the first fully-decentralized, real-time financial services network. IDEX is only the first piece of the puzzle, and if its success is any indicator of how much the market desires decentralized financial solutions, we expect to see the rest of the project grow with similar tenacity.

Soon, Aurora will implement its fully-decentralized architecture through the launch of our side chain protocol (facilitated by AURA staking).

(facilitated by AURA staking). From there we will begin to accumulate the reserves necessary to back our stablecoin— the boreal .

. As boreal usage grows, Aurora will begin to issue loans in the currency through the world’s first cryptobank, Decentralized Capital.

Stay tuned for more updates. Until then…happy trading!

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