Aurigami is live on Aurora mainnet!
Note: For full tokenomics breakdown, visit our docs.
Aurigami has unfolded and taken off on the Aurora mainnet!
Users can now multiPLY your wealth with Aurigami, the first money market protocol on Aurora.
To start off, Aurigami will support ETH, WBTC, WNEAR, USDC, and USDT, with more assets to come soon.
In our latest testnet version, users were able to enter a maximum of 4 markets in total. On the mainnet app, you can rejoice knowing that there is no limit on the number of markets you can enter!
A huge part of why this was possible is owed to the recent Aurora Engine 2.4.0 upgrade, which we are also proud to share that Aurigami had contributed to. Since the very beginning, helping the Aurora ecosystem grow and flourish has always been one of the main goals of Aurigami.
We highly recommend giving the brilliant piece by Aurora a read if you haven’t already.
Auditgami ✅
A quick note on our audit results — previously we had shared that 3 contract reviewers were conducting a simultaneous security audit on Aurigami. Today, we are pleased to update that we have passed all 3 of them!
Your security is our top priority and we wanted to ensure that our users can indeed multiPLY in peace before the actual release.
Premining $PLY
Paging bridgoooors and farmoooors alike!
As a way to reward our earliest investors and supporters, premining for $PLY will be enabled starting now, and will last for 4 or more weeks.
All 5 available assets (ETH, WBTC, WNEAR, USDC, and USDT) will be eligible for premining, with liquidity incentives being distributed equally to each of the 10 borrow/lend slots.
40% of the PLY token supply is reserved for liquidity mining, with 0.5% of this portion being emitted as premine rewards each week. This means that 20M PLY will be distributed on a weekly basis.
To view and keep track of the amount of PLY you have accrued, you can simply navigate to the Rewards page.
More details about PLY including its complete tokenomics will be shared by the end of the premine period. For more information about Aurigami, kindly refer to our documentation here.
Soon is really here now.
We are ecstatic to bring the function of money markets to the Aurora DeFi economy, and link arms with the other existing/emerging DeFi protocols to accelerate the ecosystem’s growth.
This is just the first step of many to come, now onwards to bigger and better things.
⚠️UPDATE: stNEAR and AURORA are also supported as deposit assets now, and will be eligible for $PLY premine rewards. For stNEAR, $META will also be available as additional incentives, which means users will be able to earn TRIPLE YIELDS 🔥🔥🔥(NEAR Staking Rewards + $PLY Premine Rewards + $META).
The feature to collateralize stNEAR and AURORA will come soon.
