Amara Latest Progress from March to April
Spring is the season for sowing, and Amara is making steady progress. In the past month, the development of Amara’s products has proceeded as scheduled and achieved certain results.
Chapter 1 Technology Development
AmaraLend
We have accomplished the deployment of AmaraLend2.0 testnet on Harmony.
Up to date, we have successfully deployed AmaraLend2.0 testnet on Moonriver, BSC and Harmony.
The public beta of AmaraLend2.0 will be open, stay tuned.
AmaraLink
To ensure security, AmaraLink has been improved many times and now has finished the internal test. Also, Amara updated the doc of AmaraLink on gitbook.
AmaraLink will be officially launched in April.
Amara Staking
Amara launched a staking function on its website in April. Users can gain more MARA by staking MARA. To date, the amount of staked MARA has exceeded 15 million.
Amara Staking is open until September. For more information, please refer to https://twitter.com/AmaraFinance/status/1507341530272518147.
Chapter 2 Ecological operation
Audit Complete
Amara has been approved by Certik and Peckshield, which indicates that the security of Amara smart contract is recognized. Read the full report, please visit https://github.com/AmaraFinance/Audit.
Proposal
Amara adopted DAO to govern the Amara ecosystem, inviting MARA holders to join Amara’s decision. In April, Amara released the first proposal, that is about the initial incentive of AmaraLink. To date, more than 15k MARA has been involved in this vote. You can vote until 20th April. Speak with your MARA on this page https://snapshot.org/#/amarafinance.eth/proposal/0xe0e7e64520bcd2af2bafbfe45335812c1d1d04cd7c35263e5d57f016d69f5a71.
About Amara Finance
Amara Finance is a cross-chain financial aggregator for NextDeFi aiming to be the DeFi collaboration center to bridge Polkadot and the off-DOT world. Amara’s core products include: AmaraLend, a multi-chain deployed lending protocol focusing on long-tail assets; AmaraLink, a multisig cross-chain bridge connecting Polkadot and off-DOT world; AmaraPay, an aggregated payment gateway protocol responding swiftly across the world.
Follow Us
Website：https://www.amara.link/
Discord：https://discord.com/invite/rhkyBmmCBf
Telegram：https://t.me/AmaraFinance
Twitter：https://twitter.com/AmaraFinance
Medium：https://amara-finance.medium.com
E-mail：amarafoundation@amara.finance
