Airdrop/Whitelist Complete Guide — Amara
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Update: If you have completed the testnet tasks, fill in the form to be eligible for the airdrop.
Amara is a lending protocol similiar to Aave and Venus. It will first be launched on Moonbeam network, one of the parachains of the Polkadot ecosystem.
They are now having their testnet beta campaign. 500 $USDT and 100,000 $MARA will be given out as rewards. The campaign ends on October 17th.
Follow the steps below for the airdrop.
Part 1:
10 random individuals who complete the tasks will get 500 $USDT in total.
- Follow Amara Finance. Retweet, Like, and tag 3 friends.
- Fill in the form.
Part 2:
100,000 $MARA in total for testnet participants.
Step 1:
Head to https://chainlist.org/ and search for Moonbase Alpha. Add this network to your Metamask.
Step 2:
Join their discord and go to “-faucet-testnet-amara” channel. Type !drip (your address) to receive the testnet tokens.
Step 3:
Go to their testnet page. Remember to set your network to Moonbase Alpha. We will be depositing, borrowing, repaying and finally withdrawing assets.
We first deposit some $BTC.
To be able to borrow, we need to go to “My Assets” and enable our deposited $BTC as collateral.
We then head back to “Market” and borrow some $DOT.
Go to “My Assets” again to repay the $DOT we just borrowed.
Finally, we withdraw our deposited $BTC.
Step 4:
That’s it. If you find any bugs, you can report to the Amara team for more airdrop rewards.
