Amara Biweekly Report| Amara Beta is Underway and Recruitment Continues
Welcome to Amara Biweekly Report! We will update the latest news regularly here. Follow our official channels and catch up with the update. If you have any comments or suggestions, please do not hesitate to contact us through official channels.
Amara official channel:
Official website:www.amara.finance
Twitter：https://twitter.com/AmaraFinance
Telegram：https://t.me/AmaraFinance
Amara-Expand DeFi to New Border
Development progress
This month, we continued to improve the lending performance of Amara beta version. The core interest rate section, price-feeding section and liquidation section have been tested by the centralized way. We will continue to improve the stability and security of the lending function.
The principal progress is as follows:
The main system deployment and unit test of Amara beta version Lending Section have be completed. We have also finished the integration of the original edition and the data accuracy is being debugged.
The core price feeding subsystem is under alpha test by the centralized mode temporarily. Currently we finish the regular price acquisition from Acala Network (once every minute), and Amara market price varies with the price change.
In the liquidation section, we temporarily use the centralized mode to monitor Amara contract data in real time (deposit, lend, withdrawal and pay) to obtain the user address for stocking. The liquidation process will start when the price reaches the clearing threshold.
The homepage of Amara’s official website has been completed and will be introduced to the community soon.
Ecosystem operation
Amara begins to prepare for the first airdrop activity, and ACA early token holders will enjoy exclusive benefits. Besides, Amara social media is in place. Welcome community members to follow us.
We are preparing for the testnet candy airdrop activity, and ACA early token holders will enjoy exclusive benefits. Stay tuned.
The related Amara social media start to operate. Community members are welcome to follow us.
We sincerely invite enthusiastic talents to join us for the common destination. Currently several positions are wanted including contract development engineer, overseas operation and Chinese operation, etc. Please do not hesitate to reach out to us and become a member of our team!
About Amara:
Amara: Polkadot-based multi-chain asset lending platform.
Amara seamlessly connects popular cryptocurrency in the market via low-friction value transmission. Capture high-quality long tail assets, release the liquidity of long tail assets, extend DeFi to new border .
Follow us：
Official website:www.amara.finance
Twitter：https://twitter.com/AmaraFinance
Telegram：https://t.me/AmaraFinance
