# Aurora DAO (AURA)

**Type:** Token
**Source:** [View on Coinpaprika](https://coinpaprika.com/coin/aura-aurora-dao/)

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## About

Aurora team want to create a suite of DAPPs and protocols that make up a fully decentralized banking and financial network. The components of Aurora support the boreal, a decentralized stablecoin, and together enable global banking in the new currency. Revenue from the various components of Aurora will be used both to increase the asset reserves backing the boreal, allowing Aurora to expand boreal banking, and to provide economic incentives that ensure the system runs as designed.

In development.

