Ambit Finance has launched an Airdrop campaign to encourage liquidity contribution and platform engagement, with the goal of establishing $AUSD as a leading yield-enhanced stablecoin. This initiative involves allocating 5% of the $AMBT token supply for distribution across various seasons, starting after the TGE in Q2 2024, in order to promote community engagement. Ambit Finance is transforming DeFi by seamlessly integrating yield generation, lending, and investment strategies into a user-friendly platform. Through a $USDT vault, it generates $AUSD, a stablecoin designed to maintain its value while boosting liquidity. With innovative features like isolated collateral and a portfolio health system, Ambit sets a new standard for secure and adaptable DeFi engagement, with backing from Binance Labs.
5% of the $AMBT token supply
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About Ambit Finance
AUSD is a top stablecoin with increased yields.
AMB Token supply will be distributed in multiple seasons after TGE in Q2 2024 to enhance community engagement.
DeFi platform seamlessly integrates yield generation, lending, and investment strategies for users. AUSD stablecoin, created through a $USDT vault, maintains value and boosts liquidity.
Supported by Binance Labs.
Step-by-step guide
Head over to the Ambit Finance web3 app platform. Connect your wallet and switch to the BSC network. Deposit USDT to mint $AUSD and boost your points by 1.5x. Earn points by supplying whitelisted assets to create a borrowing position. (i.e. $WBTC, $WETH, $BNB, $CAKE, $USDT, $AUSD) Earn points by borrowing, contributing to the lending market s activity. Provide liquidity to $AUSD pairs on PancakeSwap to accumulate points.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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