Ambit Testnet
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Added to Watchlist
Reward pool
Not set
Not set
Expected profit
Unknown
Unknown
Max participants
∞
No limit
DropsEarn score
Neutral
Easy, Low Risks
Details
Before diving into the Ambit Finance Testnet, make sure you have the following ready:
- MetaMask with the BNB Chain Testnet added.
- Some BNB from the BNB Faucet.
Steps to Get Started
- Visit https://dev.ambit.finance and connect your MetaMask wallet to the platform.
- Head over to the Faucet section and click on the "Mint" button to obtain testnet funds. Remember, you can only mint once per day.
- Once you have received your testnet funds, return to the main page and start exploring the powerful features of Ambit Finance.
About Ambit Finance
Ambit is a lending protocol that offers a range of functionality to users, from simple yield creation on stablecoin deposits to sustainable money market lending, all the way through to risk defined portfolio investment strategies.
Version 1 Features:
Version 1 is focused on creating a yield-bearing USDT stablecoin called amUSDT where yield is primarily driven by borrowing demand. Users can deposit USDT in exchange for the yield-bearing version (amUSDT) and borrowers can add assets to their portfolio which will give them a borrowing limit to borrow against.
Links
About
Ambit announced that the Ambit Finance Testnet is now live and accessible for all users.
Activity Type
Registration
Open
When Reward:
None
Event Status
Links