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Aurora (AURORA): An EVM-Compatible L2 on the NEAR Protocol

Intermediate
Blockchain
Explainers
Altcoins
Jun 20, 2024
8 min read
0

The ongoing explosion of web3 technology has attracted a lot of traditional businesses to the crypto space. However, some companies struggle with the transition from Web 2.0 to web3. This is where Aurora hopes to provide value. Aurora Labs provides a valuable service for professional businesses looking to branch out into the web3 world. Its tools and technology also provide some exciting opportunities for crypto enthusiasts. Explore this guide to learn how crypto investors can profit from Aurora and the AURORA token.

Key Takeaways:

  • Aurora is a blockchain ecosystem that runs on the NEAR protocol. 

  • Aurora is fully compatible with the Ethereum virtual machine (EVM), and functions as a Layer 2 system that improves Ethereum's scalability and usability.

  • Looking to trade Aurora tokens? Bybit now offers the AURORA/USDT Spot trading pair. To celebrate this listing, Bybit is holding three exclusive events where you can earn a share of the 455,000 AURORA and 30,000 USDT prize pools.

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