Amara Finance Public Project Announcement
As previewed above, we are delighted to announce the latest addition to the Synapse Network, with the introduction of Amara Finance.
Amara is right on the tracks to become the most popular financial hub on Polkadot and to be the bridge that enables you to connect and exchange assets in the crypto world.
Amara is poised to bring as many assets as possible into the Polkadot ecosystem and provide an all-chain service on asset management.
Rather than being a mere lending protocol, Amara also expands its business to various financial derivatives including NFT, variable interest rate, lossless lottery and much more.
Once the Amara team roadmap is fully expressed we will look at a multi-chain asset DeFi pan-finance hub on the Polkadot ecosystem.
Amara is already working tirelessly to be the most popular lending hub within the Polkadot ecosystem and is already displaying amazing short term results and solid long term planning while introducing multiple new assets into the Polkadot chain.
We believe Polkadot has an overwhelming edge over the Ethereum network, standing on the shoulder of which Amara is endeavouring to bring real benefits to every user of the cryptocurrency ecosystem.
And that’s exactly why we are proud to have them as the latest addition to the Network.
We see a brilliant project with good fundamentals, a dedicated team and a great deal of potential already in development on their platform, with much more yet to unearth.
Below you will find everything you need to participate in their presale. In the following weeks we will keep updating you on our upcoming projects, so stay tuned to our announcement and media channels and be ready to participate in our next launch.
- 20.01.2022 9 AM UTC — Whitelist start (mandatory for non-SNP stakers): https://gleam.io/eZs14/synapse-network-amara-finance-public
- 22.01.2022 9 AM UTC — SNP stakers can start to register their interest in the guaranteed allocation
- 24.01.2022 9 AM UTC — End of time for Whitelist and interest registration
- 24.01.2022 7 PM UTC — Whitelist Announcement, publication of allocation size, KYC for Whitelisted start
- 26.01.2022 9 AM UTC — Sale Start — 48h
- 28.01.2022 9 AM UTC — Sale End
- 29.01.2022 9 AM UTC — Return of overallocated unused funds
- Round — Public
- Price per token — 0.5$
- Platform allocation — 200 000$
- Gleam competition allocation — 200$
- Gleam competition — number of winners — 100
What is Amara Finance and why are they so interesting?
A Multi-chain Asset Financial Servicer within Polkadot Ecosystem
On our part, we thoroughly reviewed the project, team, roadmap, tokenomics and had fruitful meetings — we strongly believe in the project. If you would like to learn more about it, which we encourage you to do, please read: https://github.com/AmaraFinance/Amara-White-Paper/blob/main/AmaraFinanceWhitepaperv0.9.pdf
And visit their website: https://www.amara.link/
And always remember to not invest before you DYOR about the project!
How does the investment process look like?
There are two options for this:
- having tickets for the platform (guaranteed allocation).
- winning the Gleam competition, which is open to everyone. Here 10% of the investment pool is allocated for the winners. There is no overallocation here — it is reserved for our stakers.
For both options, you need to pass the KYC process.
We allow everyone to reach the required tier for investment until the end of the registration. Everyone has to enter the platform and express interest in participating in the investment before this date.
How can you invest?
You will be able to invest in 16 networks (more networks to come soon):
- Binance Smart Chain
- Polygon (Matic)
You will be able to invest with multiple stablecoins:
About Synapse Network
Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.