Amara Finance logo

Amara Finance (MARA)

Status
IDO

Amara Finance is a cross-chain financial aggregator for NextDeFi aiming to be the DeFi (Decentralized finance) collaboration center to bridge Polkadot and the off-DOT world.

AmaraLend Beta on Harmony Testnet Campaign. Details

Amara Finance White Paper WhitepaperAmara Finance Onepager Onepager

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NA
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User Rating
Medium
3/5 1 votes
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Ticker
MARA
Type
Utility-token
Token standard
ERC20
Registration countryUnited Kingdom
Registration year2021
Office address2 Woodberry Grove, Woodside Park, England N12 0, GB

What is Amara Finance

Amara Finance is the first decentralized auto compounded borrowing protocol deployed on Moonriver and Binance Smart Chain that allows users to draw interest-free loans against qualified LP tokens used as collateral. Loans are paid out in USDA (a USD pegged stablecoin) and need to maintain a certain collateral ratio for different collaterals respectively.

AmaraLink is a data cross-chain bridge of multisignature threshold technology, striving to become an crypto data conversion hub connecting Polkadot and other public chains.

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

Amara Finance Roadmap

1
Q1-2022
  • Project Initiation
  • Core Team Build
  • Long-tail Assets Lending Tech R&D
2
Q2-2021
  • Seed round closed
  • White Paper v0.9
  • Tokenomics Research
  • AmaraLink Inception
  • Branding & Marketing
  • Season 1 Airdrop Campaign
  • AmaraLend beta development
  • Official website v1.0
3
Q3-2021
  • AmaraLend beta
  • AmaraLink development
  • Community Incentive
  • AmaraLink beta launch
  • AmaraLend beta global campaign
  • Official website v2.0
  • Polygon Grant
  • Ambassadors Wanted
4
Q4-2021
  • AmaraPay R&D
  • AmaraLink v1 Launch
  • Tokenomics Update
5
Q1-2022
  • AmaraLend v1.0 Lausich
  • AmaraPay Launch
6
Q2-2022
  • AmaraLend v2.0
  • DeFi 3.0 Financial Aggregation Realization
  • DAO Governance Model Release & implement
7
Q3 2022
  • Amaralend & MARA Launched on BSC
  • Support the lending of BSC’s mainstream LP asset
8
Q4 2022
  • AmaraLend launched on over 3 public chains
  • Increase staking scale of AmaraLend
  • Increase lending scale of AmaraLend
9
Q1 2023
  • Launch cross-chain incentives of AmaraLink
  • Support the cross-chain transfer of mainstream tokens on AmaraLink

Token Sale Dates

IDO

Start date: Dec 06, 2021
End date: Dec 06, 2021

IDO

Start date: Jan 17, 2022
End date: Jan 17, 2022

Token Allocation

Total Token Supply 1,500,000,000 MARA

Token distribution


45% - Mining Rewards
10% - Ecosystem
10% - Team&Advisors
14.9% - Token Sale
5% - Marketing
14% - Treasury
1% - Float Liquidity
0.1% - Early Supporter Rewards

Token Price and Payment Options

Token price USD 1 MARA = 0.5 USD

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