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Ambit Finance (AMBT)

Ambit Finance is a sustainable, comprehensive, and easy-to-use suite of fintech apps (“superapp”) that will incorporate lending, borrowing, and yield optimization strategies to further the utility of BUSD and DApps in the broader BNB Chain ecosystem, and a launching pad for a “decentralized Binance” that will combine the useability of Binance with the latest innovations in DeFi.

Funding Rounds: $4.5 Million

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Overview

Project industryFinance Services & Banking
Product typeDapp
WhitepaperAmbit Finance White Paper Open

What is Ambit Finance

Ambit is a new breed of cross-chain DeFi protocol which offers a range of functionality to users, from simple yield creation on stablecoin deposits, to sustainable money market lending and risk-defined portfolio investment strategies - all within a user friendly environment. Ambit's “North Star” is to provide a user experience that is well beyond the ambit of what exists in DeFi today.

The Ambit protocol allows users to stay on-chain with exposure to sustainable yields being produced from borrowing demand and yield creation strategies with idle capital. Ambit drives deposit and borrowing demand through the use of innovative DeFi investment strategies and vaults.

Details

Raised: 4,500,000 USD

Legal

Registration year: 2022

Token info

Ticker: AMBT
Type: Utility-token

Ambit Finance Roadmap

1
December 2022

Seed Funding

2
June 2023

Testnet Launch

3
Audit #1

Audit by Paladin Security

4
Audit #2

Audit by Guardian Audits

5
January 2024

Mainnet Launch

6
April 2024

Token Launch

7
Version 2

Stay tuned...

Social media

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