Hello to my friends who do not forget to smile against all kinds of problems in this time period we live in.
Amara Finance, which will bring a new breath to the DeFi markets, is realizing its IDO. In this article, I will give information about the details of this IDO…
Brief information about Amara Finance;
Amara Finance is a cross-chain financial aggregator for NextDeFi, aiming to be the DeFi collaboration hub to bridge the gap between Polkadot and the non-DOT world. Amara's core products include: AmaraLend, a multi-chain loan protocol focused on long-term assets; AmaraLink, a multi-point cross-chain bridge connecting Polkadot and the non-DOT world; AmaraPay is a globally responsive bulk payment gateway protocol.
For detailed information about Amara Finance, I recommend you to review my previous articles.
Amara Finance, the new player in DeFi ...
Amara Finance Continues to Grow ...
Amara Finance first IDO will be held on 17 January 2022 on Solarbeam Eclipse between 13:00 - 19:00 UTC. After the first IDO, Amara Finance will go on sale on a few more platforms to reach more investors. I will share the developments regarding this in the future…
Amara Finans aims to raise $300,000 in Solarbeam. In return, 600,000 coins will be sold. $0.5 per token…
There is no whitelist for this IDO in Solarbeam. Stay tuned for official news…
Conditions of participation in IDO;
To qualify to participate in Amara's IDO, you must stake Solarbeam platform tokens. A minimum of 50 $SOLAR is required. There is no time limit on when to lock your Solar, you can even lock it during IDO.
Depending on the amount and duration of your solar lock, you will have a corresponding multiplier. According to this multiplier, the coins you will qualify for will be determined.
There is no guaranteed allocation in Eclipse. At the end of the IDO, the allocation of $MARA tokens will be calculated based on the amount you have committed and the overflow of the pool. Any spare Solar/Movr LP will be returned at the end of the IDO.
E.g. Let's say you committed $1000 in the base pool. The overflow of the base pool at the end of the IDO is 10x. You will receive $100 MARA tokens as allocation (1/10) and the spare $900 worth of Solar/Movr lp will be returned to you immediately after the end of the IDO.
Request for $MARA tokens; It depends on the launchpads. 20% TGE in Solarbeam, 16% LINEAR MONTHLY VEST FROM 2nd MONTH, MONTHLY DEMAND, meaning it will unlock 20% for the first time and unlock 16% monthly from next month. Users can claim on Solarbeam.
Stay tuned on social media for stock market listings….