Why do I focus on Amara?

Notes: Contributed by a third party, which does not represent official views

Polkadot slot auctions are very hot now, but after that, can we grasp the initiative and look for the next opportunity?

We must be prescient when we are looking for opportunities.

For instance,

After the Bitcoin boom, we should buy Ethereum and deploy Block 2.0 instead of sticking to Bitcoin;

After Ethereum matures, we should buy apps like Uni, Sushi, AAVE, etc., instead of chasing Ethereum up.

The same logic applies to the Polkadot Ecosystem.

Amara Finance, the next potential hot spot of the Polkadot Ecosystem, is the answer I found.

After Polkadot slot auctions, the public chain, which was auctioned at a big price for real money, can’t just be put there for appreciation. We must develop ecosystem and applications on it.

Many giant head applications have been spawned on the Ethereum ecosystem; BSC and HECO also have their own head applications. So for Polkadot, a batch of head applications will also be born. The difference is that Polkadot is not a public chain, but a public chain foundation. The chain corresponding to each slot of Polkadot is a public chain.

And these are the applications we should grasp and pay attention to right now.

In the Polkadot Ecosystem, the most awesome project is the Acala Network, which has a wide range of influence overseas and claims to have 200,000 active fans.

Amara is a project developed in Acala. The most important thing is that this project is in its early stages. You can sow from now on and harvest in autumn.

Hence, focus on Amara now, for the lowest cost, best value, and best timing.

Besides, Amara is a multi-chain assets lending protocol within the Polkadot ecosystem, focusing on open, privacy preserved, multi-chain lending markets, seamlessly connecting popular assets in the market with high-quality long tail assets, which realize the upgrade of lending products.

There are AAVE and Compound on Ethereum, Venus on BSC.

For the position on Polkadot, Amara must have a place.

Let’s embark on a trip to Polkadot.