Aurora DAO

The autonomous governance of the Aurora protocol.

The AuroraDAO is a decentralized autonomous organization that will govern the Aurora protocol and is currently in the process of formation. The AuroraDAO will function similar to a traditional Board of Directors, in that there will be a "Council" of seats, the holders of which will vote on high-level protocol matters and will authorize and direct subordinate organizations to achieve those objectives.

The bootstrap Council will consist of Aurora Labs—i.e. the entity that developed and maintain the Aurora protocol—along with a diverse set of early investors and ecosystem partners. It is foreseen that the first proposal on which the bootstrap Council will vote, will be the creation of an AURORA governance token. If that happens, the holders of the token will periodically vote on the constituency of the Council.

As the AuroraDAO comes to life, we'll be publishing more details regarding how it works, what it's discussing and voting on, and how to participate as an AURORA token holder (assuming a token is created.) In the meantime, the purpose of this page is to provide a visual idea of the DAO structure.

Council

The council members will vote on high-level decisions related to the operations and incentives of the network, and will authorize and direct subordinate organizations to achieve those objectives.
Aurora Labs
Aurora Labs is the entity that employs the team actively maintaining the Aurora protocol, under direction of the AuroraDAO.
Principal Investors
A number of DAO seats will be held by the key early investors in Aurora.
Ecosystem Partners
A number of AuroraDAO seats will be held by key early ecosystem partners such as platforms, protocols and respected ecosystem participants.
Aurora Labs
Dragonfly Capital
Pantera
Lemniscap
OKEx Blockdream Ventures
1inch
DODO
imToken
NEAR
Covalent
Infura
Etherscan

Proposals

The AuroraDAO Council will discuss and vote on proposals that are raised by the community, and which relate to the Aurora protocol and its ecosystem.
1
Approved
Add Etherscan to the list of DAO members
2
Approved
Approve $AURORA Token
3
Rejected
Add tamatoa.near to the council
4
Approved
Transfer of 32% of $AURORA to Aurora Labs according with the agreed token distribution
5
Approved
$AURORA Initial Dex Offering (IDO)

IDO of $AURORA should happen according to the document with SHA-256 a4ec8390914f38c43ecb8b230012331deabeeb9c09d11bf5e52bc3c7fe9de1ac. The total amount of $AURORA for sale is 1M. Aurora Labs to coordinate the sale on behalf of the AuroraDAO and provide tokens for the sale and post-sale activities from previous allocation

6
Approved
Implementation of the KYC process for the $AURORA IDO
7
Approved
Bootstrapping the ecosystem for AURORA

Request for payout Ⓝ106,000.00 to aurora-liquidity.near

8
Approved
Request for payout Ⓝ211,000.00 to bridge-funding.near

Compensation to Aurora Labs