The AuroraDAO is a decentralized autonomous organization that governs the Aurora protocol.
The AuroraDAO functions similar to a traditional Board of Directors, in that there is a "Council" of seats, the holders of which vote on high-level protocol matters, authorize and direct subordinate organizations to achieve those objectives.
The bootstrap Council consists 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. Holders of AURORA tokens will periodically vote on the constituency of the 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 LabsAurora Labs is the entity that employs the team actively maintaining the Aurora protocol, under direction of the AuroraDAO.
Principal InvestorsA number of DAO seats will be held by the key early investors in Aurora.
Ecosystem PartnersA number of AuroraDAO seats will be held by key early ecosystem partners such as platforms, protocols and respected ecosystem participants.
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.