Aurora Basics and Yield Farming

5 min readJan 13, 2022

💡 The authors are not responsible for the services described in this article. Please do your own research.

What is Aurora?

Website: https://aurora.dev/
Docs: https://doc.aurora.dev/
Block explorer: https://explorer.mainnet.aurora.dev/
Coin: ETH
Consensus: PoS
Average block time: 1s
Average Network Transaction Fee: <$0.01

Aurora is an Ethereum Virtual Machine (EVM) on the NEAR Protocol blockchain. It delivers a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform with low transaction costs for their users.
Website: https://aurora.dev/

How is Aurora different?

Ethereum 1.0 development experience

Aurora is the solution to extend the Ethereum ecosystem. It offers a fully compatible Ethereum Virtual Machine (EVM) for seamless application deployment for developers. It is fully operational and ready for projects that don’t depend on oracle, indexer, or blockscout.

Layer-2-like speed and scalability

Aurora transaction finality inherits from the underlying NEAR Protocol, i.e. two NEAR blocks, or approximately two seconds — substantially lower even than a single block confirmation time of 13 seconds in Ethereum which is not enough for transaction finality.

Trustless and decentralized

Aurora does not validate blocks off-chain. All the validation happens on the actual NEAR blockchain. This means that all the users need to trust is the NEAR blockchain consensus mechanisms.

How does Aurora work?

Aurora is a developer platform compatible with Ethereum built on the NEAR protocol. With Aurora, developers can easily deploy smart contracts from Ethereum to NEAR to take advantage of the impressive 1s block time, 2s confirmation time, and less than $0,1 per transaction due to NEAR’s infrastructure the gas cost. Aurora users can build applications that have a developer experience very similar to Ethereum 1.0 while accessing a level of speed and scalability that is comparable to the level of speed and scalability promised by Ethereum 2.0.

The current architecture of Aurora looks as follows:

Aurora DAO

Token holders can propose and vote on new ideas and changes, and that’s the main way that Aurora will grow and improve. If you own and hold the Aurora token, you’ll be able to participate in this decentralized governing process. The best benefit of a DAO is that the surrounding community and actual investors are who get to decide on big changes, so you know they have pure intentions of making the network the best it can be in a long-term time frame.

Aurora assets

ETH

the base currency for the payment of transaction fees;

AURORA

governance token;
a portion of the tokens will be locked and be subject to an unlocking scheme which will be determined by the DAO. The rest of the tokens will be used in various initiatives to develop NEAR and Ethereum ecosystems with the help of Aurora solutions.

Stables

USDC
USDT
atUST (Wrapped Terra UST)
DAI

Other top 3 tokens

Trisolaris (TRI)
Project: https://www.trisolaris.io/#/swap
Market Cap: https://coinmarketcap.com/currencies/anchor-protocol/
CoinGeсko: https://www.coingecko.com/en/coins/anchor-protocol
WannaSwap (Wanna)
Project: https://wannaswap.finance/en/home
Nearpad (PAD)
Project: https://www.nearpad.io/
Coinmarket Cap: https://coinmarketcap.com/currencies/nearpad/
CoinGeсko: https://www.coingecko.com/en/coins/nearpad

See more Terra tokens:

https://explorer.mainnet.aurora.dev/tokens
https://defillama.com/chain/Aurora

Aurora ecosystem

Aurora Wallets

🖥 MetaMask
You can connect the MetaMask wallet to the Aurora network. Step-by-step guide you’ll find here: https://doc.aurora.dev/develop/start/metamask

💡 A little tip! If you open Allbridge.io and choose the Aurora network, you can automatically add the Aurora network to your MetaMask wallet. Just follow our guide:

How to add Aurora to Metamask in 15 seconds

🖥 📲 Math Wallet
A multi-platform (mobile, desktop extension, and hardware), universal crypto wallet. More detail: https://mathwallet.org/en-us/

📲 Trust Wallet
Trust Wallet is a mobile cryptocurrency wallet that supports over 160 digital assets and enables users to stake their coins in order to gain interest. More detail: https://trustwallet.com/

Aurora Bridges

You can bridge tokens to/from Aurora.
To do this, you can use the following bridges:

Allbridge: Aurora, ETH, BSC, Polygon, Solana, Avalanche, Huobi, Celo, Fantom, Terra.
Rainbow bridge: Aurora, ETH, Near.
Multichain: ETH, BSC, Polygon, Heco, AVA, Arbitrum, Huobi, CELO, Harmony, Bitcoin, Terra, Aurora, Blocknet, Boba, ColossusXT, Cronos, Fantom, Fuse, Fusion, Huobi, IoTeX, KCC, Litecoin, Moonriver, OEC, Shiden Network, Syscoin NEVM, Telos, xDAI.
Synapse bridge: ETH, Optimism, BSC, Polygon, Fantom, Boba Network, Moonbeam, Moonriver, Avalanche, Aurora, Harmony.

👉 Read more about Bridges on Aurora: https://bit.ly/3K8h3v5

Aurora DEXes

TriSolaris: https://www.trisolaris.io/
WannaSwap: https://wannaswap.finance/
AuroraSwap: https://www.auroraswap.finance/
Rose: https://app.rose.fi/#/
DoDo: https://app.dodoex.io/
Nearpad: https://dex.nearpad.io/
Vaporwave: https://www.vaporwave.farm/

Aurora Yield Farming

TriSolaris

DEX
https://www.trisolaris.io/#/farm/1
https://trisolaris-labs.github.io/docs/

TriSolaris is a community-owned decentralized exchange. Built on NEAR’s Aurora EVM, TriSolaris is building the one-stop shop for DeFi on NEAR.

WannaSwap

DEX
https://wannaswap.finance/
https://docs.wannaswap.finance/

WannaSwap is one of the first DEXs to run on Aurora’s EVM between Ethereum tokens such as Sushi, Balancer and Uniswap and those on NEAR.

Nearpad

Launchpad and DEX
https://www.nearpad.io/
https://nearpad.medium.com/governance-utility-and-the-pad-token-48d8231e9418

Launchpad & DeFi hub of the Near ecosystem.

Vaporwave

Yield Optimizer
https://www.vaporwave.farm/#/aurora
https://docs.vaporwave.farm/

Vaporwave Finance is a yield-optimizer on the Aurora Blockchain. A platform to help users optimize their yield, empowering them to earn even more on their crypto assets through automatic compounding.

Rose

Stableswap DEX
https://app.rose.fi/#/
https://medium.com/@roseonaurora

Rose is liquidity protocol on Aurora composed of a stablecoin & wrapped assets exchange, and a Collateralized Debt Position based stablecoin utilizing interest bearing tokens as collateral.