Bounce Finance Integrates Aurora — Enhancing On-Chain Auctions
Bounce Finance is thrilled to announce our support for Aurora, an Ethereum compatible blockchain that runs on the NEAR Protocol. This partnership brings together the versatility of Bounce Finance’s decentralized auction protocol with Aurora’s high performance. Bounce users and Aurora supporters can engage in various types of decentralized auctions on Aurora network through Bounce’s app. Our integration with Aurora elevates users’ on-chain auction experience by leveraging Aurora’s advantages, including its low transaction costs and high throughput and scalability.
About Aurora
Aurora is a platform for Web3 developers to build pioneering and scalable distributed applications. Powered by its high-performance Ethereum Virtual Machine (the Aurora Engine) and fully trustless bridge (the Rainbow Bridge), Aurora combines the builder-friendly development experience of Ethereum with the modern blockchain performance of the NEAR Protocol to offer an environment for creating highly scalable, carbon-neutral, future-safe, and low-cost Web3 services
About Bounce Finance
Bounce Finance is a decentralized auction protocol that empowers users to create and participate in diverse types of auctions across multiple blockchain networks. With a strong focus on Auction as a Service, Bounce Finance offers a seamless, transparent, and secure auction experience with a wide range of products, including Token & NFT Auctions, Real-World Collectible Auctions, Ad Space Auction, and SDKs & Plug-Ins. Recently, Bounce Finance has also introduced Private Launchpad services, an on-chain solution designed to streamline IDOs for new projects. Leveraging the transparency and efficiency of on-chain auctions, Bounce Finance is committed to providing comprehensive support and state-of-the-art services to promising projects, facilitating their growth and success.
The Benefits of Integrating Aurora
Bounce Finance’s integration with Aurora enables everyone to create and participate in decentralized auctions on Aurora network via Bounce’s app. Let’s discuss some of the exciting advantages this integration brings to the table.
High-throughput: Fast transactions
Aurora delivers the Ethereum 1.0 development experience with the speed and scalability comparable to a layer-2 solution. Its underlying technology is the NEAR Protocol, a high-performance, third-generation layer-1 protocol created by one of the industry’s most highly regarded teams. As a result, Bounce users can anticipate fast, seamless transactions when engaging in auctions on Aurora via the Bounce app.
Low transaction fees
Another benefit of Aurora is its cost-effective approach to transactions. Fees on Aurora are payable in ETH, which enhances the user experience and offers intriguing possibilities for ecosystem sustainability. With the Bounce app, users can now take part in decentralized auctions on Aurora, enjoying both efficiency and low transaction fees.
Expanding Auction as a Service: Bounce Finance + Aurora
In conclusion, the partnership between Bounce Finance and Aurora marks a significant leap forward in enhancing the auction landscape within the blockchain domain. By integrating Aurora, a high-performance, Ethereum-compatible blockchain powered by NEAR Protocol, Bounce is set to empower its users with swift, efficient, and cost-effective decentralized auctions. This alliance exemplifies Bounce Finance’s continuous commitment to offering Auction as a Service, exploring advanced blockchain technologies, and remaining at the forefront of fostering a vibrant decentralized auction ecosystem. As we venture into this promising collaboration, we’re excited to witness the fresh innovations, increased user engagement, and revolutionary auction experiences this integration with Aurora is poised to generate.
Keep up to date on all the latest from Bounce Finance👇
Website | App | Docs | Telegram | Twitter | Medium | YouTube | Discord | Zealy | LinkeIn
