Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users. The Aurora environment consists of the Aurora Engine, a high performance EVM-Ethereum Virtual Machine-and the Aurora Bridge, facilitating trustless transfer of ETH and ERC-20 tokens between Ethereum and Aurora, within a great user experience.
The governance of Aurora will take a hybrid form of a Decentralized Autonomous Organization-the AuroraDAO-complemented by a traditional entity which will hold one of several seats in the AuroraDAO.