AmaraLend Is Now Live on BSC Mainnet

Amara Finance
2 min readSep 23, 2022

--

Dear Community,

NOW, long expected AmaraLend, one of Amara’s core products, is live on BSC mainnet! In the past months, AmaraLend v2 has been improved and upgraded, we believe it will bring a big surprise.

Currently, AmaraLend supports the lending of stablecoin as USDC, USDT and LP asset BNB-BUSD.

Feature

  • Single Token

Users can deposit and borrow stablecoin USDC and USDT. Users will receive MARA rewards by depositing their stablecoins on AmaraLend, as well as borrowing.

Note: For a token, it’s a Either-Or constraint. you can’t deposit or borrow the same token at the same time.

  • LP Token

Users can also deposit their LP assets BNB-BUSD to gain MARA rewards. When depositing BNB-BUSD, users will get aBNB-BUSD which is also valuable to deposit on AmaraLend.

To celebrate the launch of AmaraLend, Amara decides to hold an airdrop event.

Time

Sep. 23, 8:00 — Oct. 23, 8:00 GMT+0

Rewards

  • First 50 users who deposit/borrow will receive 3,600 MARA each
  • First 50 users who deposit LP token will receive 3,600 MARA each
  • NFT

Liquidity incentive

  • 10,000,000 MARA

How to enter

NFT campaign:

https://galxe.com/amarafinance/campaign/GCW2sUtZiZ

AmaraLend link:

http://lend.amara.link/#/

Basic tutorial:

https://amara.gitbook.io/amara-finance/amaralend/amaralend-basic-tutorial

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

--

--

Amara Finance

Focus on efficient circulation and none-gap value transfer among Polkadot ecological assets.