In addition, the bUrus token is a BurgerSwap based wrapped token. It created additional hurdles to develop proper liquidity mining and staking contracts. It’s been a long process, but by deploying these contracts, our company will be ready to move towards creating our DeFi infrastructure.
- As highlighted above, the unused assets of a user are automatically staked, which gives double profit to the end-user.
- The platform also offers educational resources to help users learn more about the cryptocurrency market.
- In addition to the changes below, we had always planned on upgrading the staking and liquidity contracts months ago to support the upcoming protocols.
- ABOUT AUROXAurox is a free, all-in-one cryptocurrency terminal that integrates data, content, and strategies to help crypto traders make better decisions.
- The Aurox team is composed of experienced professionals from the financial services industry who are dedicated to providing a secure and reliable platform for cryptocurrency trading.
- KuCoin will co-market with Aurox during the announcement and listing process.
By redeploying the token, we’ll be able to redeploy it on both chains at the same time while migrating 50,000 reward tokens to the Binance Chain. If you would like to know where to buy Aurox at the current rate, the top cryptocurrency exchange for trading in Aurox stock is currently Gate.io. Aurox’s goal is to massively simplify crypto trading and help all crypto traders make trading decisions with more confidence. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments.
New Features Coming Soon
The current crypto market update is good, if not great for the crypto users. Bitcoin (BTC) recently surged past its all-time high and many alts showed extreme appreciation in price. The Aurox (URUS) token which was priced around $128 less than 24 hours ago is now closing on $200.
Our coin market data for Aurox Token goes back to 21 Mar 2021, and shows that the lowest rate ever recorded was in Feb 2022, which was 1 year ago, when Aurox Token was worth only $0.167. The year that saw the most significant increase in Aurox Token value was 2024, as its value surged from $9.37 to $14.65. On the other hand, 2022 was the worst year for Aurox Token as its price plunged from $101.41 to $0.154. Compared to other crypto coins which started the same year as Aurox Token it has below-average trading volume, average volume for the other 3598 coins started in 2021 is $303K while URUS has $40K.
This migration will not have any impact on our tokenomics.
Margin and leverage trading guarantee high interest yields for the lenders while allowing traders to execute short-term high-volume trades with low amounts of required collateral. Since 2017, Aurox’s solutions have provided several important benefits for traders including a cheaper platform, more in-depth information, and high-quality tokens. This includes the https://cryptolisting.org/ that the Company believes can change the face of the $100 billion decentralized (DeFi) market with its accessibility, efficiency, low fees, and ease of value transfer.
These levels indicate potential price points where URUS could encounter resistance or experience a surge in value. Therefore, we will be hosting another live AMA on our Youtube channel to go through the steps one by one. If you are a liquidity miner, we highly suggest either joining or watching the video before Thursday.
Aurox markets
Once the liquidity is migrated, the promised tokens will be airdropped to the participants. The bridge will come online within a few days after the migration. Multichain will have to manually add our token to their portal after the new token is deployed. There will be 1 million tokens on BSC, and 1 million tokens on Ethereum chain. But we will be locking in a certain amount into the bridge on the ETH side and a certain amount in the bridge on the BSC side.
What Is Aurox (URUS)? Features, Tokenomics, and Price Prediction
If current market indicators are to be taken seriously, the URUS token can easily breach the $300 mark in the near future. DALLAS, Feb. 16, 2022 /PRNewswire/ — Aurox Holdings Inc. (“the Company”), the all-in-one cryptocurrency trading platform, today announced that it has closed a $5 million round of equity financing. This is the Company’s first round of equity funding, which will be used to fuel its pursuit of a public markets listing as well as execute on its business plan to become a significant player in the multi-trillion-dollar cryptocurrency space. Aurox’s customer service team is available around the clock via email or live chat to answer any questions or concerns that may arise while using the platform. With its comprehensive suite of features and excellent customer support system, Aurox makes it easy for anyone to get started with cryptocurrency trading. After reading this article, we hope our community will understand why this process took so long.
If you are planning to trade crypto, please consult a financial adviser. A self-taught developer turned entrepreneur, Ziga has developed multiple software programs that have helped companies earn millions of dollars. His passion behind Aurox is to make it user-friendly and help others become successful in the blockchain world. A serial entrepreneur, Taras has vast experience with affiliate and ecommerce companies. He is also experienced in the financial world which includes the stock market.
As highlighted above, the unused assets of a user are automatically staked, which gives double profit to the end-user. They can earn rewards from staking as well as an increase in the price of their tokens. This feature is an attractive point for crypto users and potential investors as well. It gives a promise of double rewards and possibly many users will sign up on the Aurox platform because of this feature, causing a surge in the price of the urus token. In addition, the URUS token will power the Aurox DeFi Lending protocol with one of the highest annual percentage yield (APY) on the market. The Lending protocol combined with the Aurox terminal will allow traders to execute cross-chain trades using margin and leverage up to 4x.
This Saturday, February 12th, the current epoch will end, and liquidity miners will be able to view a new updated liquidity mining portal. This portal will guide liquidity miners through a 3 step process to migrate their liquidity from the mining contract into the migration contract. As of Jan 30, Aurox Token has a market capitalization of $4 Million and is ranked #995 among all cryptocurrencies. This calculation is based on the circulating supply of Aurox Token However, if we take into account the total supply of Aurox Token, the market capitalization would be $8.6 Million. For more information on the market capitalization and price statistics See full market cap and price stats.
Not only are the interest rates high, but the Aurox platform is also a great place for margin traders as mentioned above. Traders need much less collateral to receive funds for margin trading. This is one of the big, if not the biggest advantage that Aurox holds over other DeFi platforms. Crypto traders who are passionate about margin trading can really attract a lot of users and the price of the Aurox token which is currently below $200, can surge up to $500 in the long run.
