IDEX Launches AURA Staking Enabling Node Operators to Earn Trading Fees

World News: . []

LOS ANGELES, Jan. 11, 2019 (GLOBE NEWSWIRE) -- IDEX, the industry’s leading non-custodial trading platform, has just launched the alpha release of their AURA node staking software (AuraD). This software enables users to stake the AURA token and run specialized nodes that manage different IDEX functions. In return for decentralizing various “tiers” of IDEX’s architecture, node operators earn compensation in ether (ETH) based on their AURA staked, node tier, and node uptime. The alpha launch will allow stakers to earn 25% of all IDEX trading fees proportional to their contribution to the platform, while future tiers will allow node operators to contribute more to the platform and earn additional compensation.

Developed by the team, is the first non-custodial platform to offer real-time trading. It consistently ranks as the #1 dApp in the world by daily users, transactions, and volume. At times, in fact, IDEX has recorded daily trading volumes in excess of its own market capitalization.

During the alpha release, 25% of all IDEX trade fees will be earned by node stakers running Tier 3 (Trade History) nodes. To run a node stakers must operate the AuraD software and stake a minimum of 10,000 AURA tokens. Additional tiers will be added as the AURA staking network grows, each tier with higher staking/computing requirements and payouts.

Additionally, any IDEX user can participate in IDEX’s systematic decentralization without running an AURA node. By simply opting in to receive trade history from AURA node operators (rather than IDEX servers), they will receive double AURA trading rewards for their contribution.

Users can learn how to stake AURA and earn IDEX trading fees or opt into the program to earn double trading rewards .

Join the conversation on Aurora’s (IDEX) social channels to get involved:

Reddit: Twitter: Medium: Discord:

A photo accompanying this announcement is available at

Media Contact:
Forrest Whaling
336-671-1458
forrest@auroradao.com

More news and information about Aurora Labs S.A.

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Globe Newswire: 15:00 GMT Friday 11th January 2019

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