This creates the highest APY interest rates for the decentralized lenders while giving the traders the most comfortable trading environment. Aurox’s secure wallet allows users to store their digital assets in a safe environment. The wallet also provides access to real-time market data so users can make informed decisions when buying or selling cryptocurrencies. Additionally, the platform offers low fees and fast transaction times which make urus token it ideal for day traders who need quick execution of trades. 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. They have developed sophisticated algorithms that monitor the markets 24/7 in order to provide accurate pricing information as well as timely notifications about changes in the market conditions.
By staking or holding the Aurox Token, users access advanced functionalities and indicators that help simplify trading. Many crypto analysts are hinting towards the start of an alt-season in November. Some cryptocurrencies have already broken their all-time highs, while others are steadily increasing. This can be a great time to invest in alt-coins, which also include the URUS token. However, this indication of an alt-season is merely based on speculation, which is why it is advised to use a variety of technical indicators before investing in any crypto asset. Aurox Lend users can receive their interest earnings in URUS tokens.
- Aurox Token (URUS) is currently ranked as the #651 cryptocurrency by market cap.
- Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments.
- The live Aurox price today is $8.61 USD with a 24-hour trading volume of $43,102.81 USD.
- KuCoin, known as the «People’s Exchange,» is a global cryptocurrency exchange for numerous digital assets.
- 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.
Aurox Token URUS Price today is $8.63, for the last 24 hours 4,589 URUS coins were exchanged with a trading volume of $39,622. Coinlore provides independent cryptocurrency / coin prices calculated by its own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets, and more. We also gather additional information from different sources to ensure we cover all necessary data or events.
DALLAS, March 29, 2022 /PRNewswire/ — Aurox Holdings Inc. («the Company»), the all-in-one cryptocurrency trading platform, today announced that its Aurox Token ($URUS) has listed on the KuCoin exchange. This listing will give URUS exposure to over 10 million users and investors while fitting with the token’s characteristics of accessibility, efficiency, low fees, and ease-of-value transfer. Meaning they can’t be changed once they’re deployed on-chain. This posed a significant problem in implementing BSC staking and mining since it would be impossible to bridge reward tokens from the ETH chain to BSC. The reward tokens are inaccessible to us, and they’re only distributed to staking and liquidity mining contracts.
The main achievement of Taras is the Aurox Indicator which is capable of predicting market movements with +70% accuracy. We have discussed this previously, but we keep being asked about it over and over, so let’s address it one more time. Everything you read above is the reason why this process was delayed. Afterwards, a snapshot will be taken of the old token and token holders. This snapshot will allow us to determine who to airdrop the new tokens to and how to recreate the stakes.
Having said that, Ethereum chain miners will have the ability to bridge their assets to the other chain and potentially take advantage of the higher initial interest rates offered on Binance Chain caused by the lack of liquidity miners. To control the inflation from the rewards, the amount of tokens distributed on a single chain will be 150 per week. Currently, there are 300 tokens are being distributed per week to Ethereum network miners.
URUS Price
This will be accomplished by locking in the “additional” tokens into a bridge. It will take a couple of hours from the liquidity migration to the airdrop and staking recreation. We will have to make sure the liquidity was migrated properly before airdropping the new tokens. This migration contract will gather all the LP tokens from everyone and then migrate the liquidity pool to the new token contract. After the liquidity has been migrated, the LP tokens will be put back into the mining contract automatically, and the next epoch will continue as usual.
The Aurox Token – $URUS
We’ve taken as many steps as possible to make this an easy migration, given all the complexities we had to solve. We’ve offloaded as much as we could to our contracts and backend to simplify the user experience, especially for the miners. That is the exact same mindset and approach we will be using when tackling DeFi trading, investing, and through our Terminal and Mobile application. Even after all the tokens are circulating from the reward address, the maximum combined circulating supply will remain at 1 million. The rest of the tokens will be held in the bridge contract and only available when someone bridges from one chain to the other. Users will deposit tokens on one chain to receive tokens on the other chain.
The Team Behind Aurox (URUS)
Among all the assets available on CoinStats, these have the most similar market capitalization to Aurox. In order to serve a broad range of use cases,
lending platforms like Compound must
allow borrowers to take funds off-platform,
requiring a greater ratio of collateral than
assets borrowed. This is problematic for most
borrowers, and greatly limits the usability of the
platform.
To see more analysis and outlook, please check the Aurox Token price prediction page. I’m a technical author and blockchain enthusiast who has been in love with crypto since 2020. Now that we’ll be able to deploy the token as if it’s for the first time, there will be some slight changes.
If you’re not aware, token migrations like this are a common occurrence in crypto and various companies have performed them in the past. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could https://cryptolisting.org/ trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 78% of people that have used Aurox said it helped them make educated and better trades. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Aurox Token price chart.
Once the new liquidity pools have been created, our team will validate everything. After the token’s launch on Feb 28, 2021, on the Ethereum platform, over 2,130 wallets have acquired URUS, with a recorded total of 19,889 successful token transactions to date. In the event that the price of the asset drops, the initial support level to watch out for is at $5.85. A more extensive sell-off that brings the price below this level could trigger the second major support level at $4.45 to come into play during the course of the day.
About Aurox
Compared to today’s exchange rate, URUS cryptocurrency price is down by -40.05% so, An investment of $100 now would have been worth $59.95. Vast background in marketing, software development, and cryptocurrencies with the aim of converting Aurox into the most popular trading terminal in the crypto world. One is trading fees – 0.15% of every trade value is charged from makers and takers, and margin fees – 10% of margin fee is charged from the fee paid by the borrowers. 50,000 tokens will be moved from the Ethereum reward address to the Binance Chain reward address. These tokens will be available as a reward for the BSC miners and stakers. As an added bonus, the liquidity miners will be bumped 1 level up on their bonuses.
Aurox Price Live Data
If a user chooses to be rewarded in URUS tokens, their yield will be increased by 20% until the reserve is depleted/exhausted. The interest rate reserve also has a 10% allocation of all URS tokens which will be used for lending purposes on Aurox Lend. CoinMarketCap takes a deep dive into Aurox (URUS), a lending platform that allows you to borrow cryptocurrencies and use margin and leverage trading efficiently.