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b'Aurora is a decentralized financial platform with IDEX, a hybrid decentralized exchange, as its first product. Subsequent products will include margin lending on the hybrid exchange and a stablecoin to support the Cryptocurrency bank (called Decentralized Capital)
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\\nOur guest for this episode is Alex Wearn, CEO of Aurora DAO. He has previously worked with IBM and Adobe and is a graduate of Kellogg School of Management.
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\\nTune in to hear about:
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\\n \\tAlex\\u2019s background, introduction and journey in crypto
\\n \\tWhat is Aurora? (Decentralised financial institution)
\\n \\tProblems with the current financial system that Aurora is trying to address
\\n \\tConcept of free banking
\\n \\tBundling of stable coins: https://www.tokensets.com/
\\n \\t1st product of Aurora ecosystem - IDEX which is a hybrid centralised/decentralised exchange
\\n \\tDecentralised aspect - custody and settlement
\\n \\tCentralised aspect - dispatch of trades to the blockchain
\\n \\tLiquidity providers / market makers on IDEX?
\\n \\tKey challenges during setting up IDEX and how they were overcome - acquisition of users, operating on Ethereum network
\\n \\tFee structure on IDEX
\\n \\tETH gas prices - https://ethgasstation.info/
\\n \\tUnderstanding Mempool (pending transactions) - https://99bitcoins.com/what-is-bitcoin-mempool/
\\n \\tMargin lending on IDEX
\\n \\t2nd product of Aurora ecosystem - Cryptocurrency bank (Decentralised Capital)
\\n \\tStablecoin (Boreals) and how it\\u2019ll work
\\n \\tAURA token - staking token of IDEX network
\\n \\tIDXM token - membership token (3 years of free trades) to bring forth revenues for the company
\\n \\tDaily trading volume - highest was about 20-25m, average is 3-7m
\\n \\tAurora\\u2019s roadmap
\\n \\tViews on the Blockchain and Cryptocurrency ecosystem in general
\\n \\tWebsite:\\xa0https://auroradao.com/
\\n \\tTwitter: https://twitter.com/Aurora_Dao
\\n \\tDiscord: http://bit.ly/AuroraDiscord'