Cora launches Testnet on AURORA

On December 2022, with the support of NEAR communities, we launched the Cora testnet on AURORA. To mark the occasion, the team behind Cora was invited to participate in an AMA session with NEARWEEK and AURORA. The AMA provided a great opportunity for the team to share their vision for the future of Cora, and to discuss the many benefits the protocol will bring to the NEAR ecosystem. Listen to the recording here.

The testnet is open to participation for $AURORA and $wNEAR token-holders interested in testing the capabilities of the Cora technology. We had over 150 testers and 35 feedback providers getting involved. Participants accounted for 530 transactions, including 194 deposits, 227 borrows, and 109 repays.

During the AMA, the team was able to share their excitement about the potential for Cora to revolutionize the world of DeFi by enabling lending without liquidations. This is a game-changing development that has the potential to make DeFi more accessible and user-friendly for a wider audience.

The team behind Cora would like to express their gratitude to the Aurora and Proximity Labs Communities for their support in bringing this innovative protocol to life on the NEAR ecosystem.

The launch of the testnet marks an important milestone in the development of Cora, and the team is looking forward to seeing what the future holds for this exciting project. Join us in this adventure to build lending without liquidations on DeFi and beyond! 🚀

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