Crypto Friday, POWERED BY: AURORA @ The Block Lisboa

Powered by: AURORA (aurora.dev)

This is not just a Friday night spent relaxing with colleagues and friends at yet another terrace in Lisbon. It is also THE meeting point for the BLOCKCHAIN community in the city. Come meet like-minded people, discuss different political models and decentralized financial futures, over yummy drinks and groovy tunes.

If you'd like to sponsor a fun afternoon, drop us a line at hello@theblocklisboa.com and together we can organize a cool event at the Lisbon crypto hub.

Join us every Friday from 6 to 10:00 p.m. at Rua Latino Coelho 63, 1st floor.

What is Aurora? Aurora is a leading Ethereum scaling solution, created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low—and often free!—transaction costs for their users.

How is Aurora different from other EVMs? Aurora runs as a smart-contract on the NEAR protocol, coupled with a hyper-scaling infrastructure known as Borealis, enables many opportunities that can only exist in the Aurora/NEAR ecosystem. The decoupling of fees paid within Aurora, and fees paid to NEAR, allows innovative platforms like Aurora+ to provide users of Aurora with free transactions, while Borealis provides for synthetic mempools and mobile-enabling message push services. These examples only scratch the surface of what you’ll discover as a developer on Aurora!

Why does Aurora exist and why do I need it? Aurora provides an Ethereum development experience, layer-2-like speed and scalability, unique technical capabilities that opens the door to new categories of products and platforms—along with Rainbow Bridge, considered among the most trusted and best user experience bridges in the industry.

What is Aurora+? Aurora+ is your window into the Aurora ecosystem. It provides free transactions to all users, offers many different ways to interact with Aurora through the projects built on top, and enables rewards, governance participation and other benefits to those who stake AURORA!

How staking works? “Staking” your AURORA tokens is like depositing them into a vault. As long as they remain in the vault, they will earn additional AURORA tokens, and your deposited balance will grow through “auto-compounding”.
Withdrawing your tokens is called “unstaking”. When you unstake your AURORA tokens, they enter a “cooldown” period before they can be withdrawn. This cooldown period encourages people to view staking as a long-term activity.
In addition to earning AURORA tokens, users who stake AURORA tokens also earn tokens from other projects in the Aurora ecosystem, which can be claimed at any time. Claimed rewards also enter a “cooldown” period, which resets the end-date of any tokens currently in cooldown. In this way, a typical user will probably want to claim their rewards perhaps once per week.

Try out aurora.plus and get 50 free transactions per month.