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    ORA Finance

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    TL;DR

    The first algorithmic stablecoin on AURORA, pegged to the price of 1 AURORA via seigniorage.

    Dossier

    ## Overview ORA Finance is an algorithmic stablecoin protocol deployed on the Aurora blockchain. It introduces a seigniorage-based stablecoin mechanism that pegs ORA tokens to the price of 1 AURORA token through a system of incentives, minting, and burning rather than collateral backing or centralized reserves. The protocol represents an alternative approach to stablecoin design—one that relies on economic incentives to maintain the peg rather than over-collateralization or fiat backing. The protocol exists to provide Aurora users with a native stablecoin option that operates through algorithm