The wait is over! After extensive preparation and anticipation, Aurum is thrilled to announce its official launch on January 9th at 2:30 PM EST. This marks a significant milestone as Aurum unveils its money-market on the Sonic blockchain.
To kick off the launch, $100,000 of $AUR token liquidity will be seeded on SwapX, ensuring users can seamlessly buy and sell $AUR. Following the initial launch, additional liquidity will be activated on other concentrated liquidity decentralized exchanges (CL DEXes). Liquidity on these platforms will be managed strategically by Aurum’s trusted partner to be announced after launch, Automated Liquidity Managers (ALMs), to optimize market depth and efficiency.
At launch, users will be able to lend, borrow, and interact with the following assets:
Wrapped Sonic (wSonic)
Sonic (Sonic)
USDC
ETH
This carefully curated selection ensures a robust starting point for participants to maximize their DeFi opportunities. The parameters of these assets can be found in
the app at launch
Aurum allows users to mint auTokens, such as auUSDC and auETH. These yield-bearing tokens represent a user’s supplied assets while generating underlying returns. But it doesn’t stop there—users can take these auTokens and provide liquidity on incentivized decentralized exchanges (DEXes) to earn additional income on top of the yield from their supplied assets. The incentives for these pools will begin shortly
after the protocol launch
Aurum is committed to its users. 100% of all Gems earned by Aurum will go directly back to its users. Along with this , once liquidity is established for AUR token and staking is enabled AUR stakers are eligible for 50% of platform revenue
Get ready to experience the future of decentralized finance. Join us on January 9th at 2:30 PM EST as Aurum goes live.
Stay connected and follow our journey:
Twitter: @AurumFi
Documentation: Aurum Docs
Discord: Join the Community
Let’s build the future of DeFi together!