Ambit Finance is a sustainable, comprehensive, and easy-to-use suite of fintech apps that will incorporate lending, borrowing, and yield optimization strategies to further the utility of BUSD and DApps in the broader BNB Chain ecosystem. It is also a launching pad for a “decentralized Binance” that will combine the useability of Binance.com with the latest innovations in DeFi
Binance Labs has made a strategic investment in Ambit Finance to accelerate the development of trustless DeFi within the BNB Chain ecosystem.
Ambit, representing a new breed of DeFi apps, will enhance the utility of BUSD and other assets across the BNB Chain ecosystem. The project is powered by an experienced team with a diverse background, which includes former Anchor Protocol leadership.
Ambit relies on the support of both old and new protocol communities, building its cutting-edge protocol with an emphasis on security and sustainability as well as incentivizing loyal community members.