ORA for Aurora

The goal of ORA Finance is not just to offer high APRs to our investors, but to become a beacon of stability and growth for the entire Aurora ecosystem.

So why have a token that’s pegged to the price of $AURORA when you could just use $AURORA itself instead?

Good question. But before we dive into what $ORA could mean for you as an investor, let’s break down the potential impact of $ORA's long-term success on the Fantom ecosystem as a whole.

For Aurora to continue running as the fast, secure, and cost-effective blockchain we all know and love, its validator nodes will continue to rely on its $AURORA token remaining staked and locked up. $AURORA is distributed as a reward to validator nodes, which will continue to increase in number to sustain the network's growth, whereas the $AURORA token itself has a fixed maximum supply.

So if $AURORA is intended to be "ideal for sending and receiving payments" as a decentralized alternative to stablecoins, what will happen when there just isn’t enough Aurora-native $AURORA to go around?

If $ORA succeeds in holding the peg, this will create a mirrored, liquid asset that can be moved around and traded without restrictions, all while benefiting from the price appreciation of the native $AURORA token. Reaching the peg and holding the peg is crucial, and this will ultimately be what drives the value of $ORA for investors. In the short term, this would mean attractive APRs for liquidity providers on what would essentially be a stable pair.

So, once a liquid market is the norm, what happens next? What are some other reasons you’d want to hold $ORA?

$ORA aims to become the primary utility token of the Aurora ecosystem, and the primary platform for launching additions DAPPs including an incubator & launchpad. The selection, development, and deployment of the next generation of Aurora DeFi projects will be decided by those who hold $OSHARE, $ORA’s governance token.