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