Australis is a DeFi lending protocol on Aurora Network, enabling users to lend, borrow and earn passive income | Introducing #flashloans to the Aurora ecosystem
You can use all of the listed assets on Australis as #collateral, save for USDT. Due to being a centralized stablecoin, USDT could leave the protocol vulnerable. However, due to higher demand for stablecoins from borrowers, coins such as USDT are highly rewarding to deposit.
✅ @AuroraLatam exchange AMA with @CoinExSpanish
April, 18th
8pm UTC
✅ @AuroraLatam weekly AMA + Kahoot game
Prize: 10USD in $AURORA
April, 21st
8pm UTC
🔗 https://t.co/HIHbVn0a1a
✅ Reddit Community AMA with @AustralisFi
April, 15th - 21st
🔗 https://t.co/hVhA3YHhbg
🧵
👉 Ask questions here https://t.co/2E9X6f3cAI
Make sure to join the Reddit community for more existing news related to Aurora Ecosystem and for more events. (https://t.co/Sje1rhcqfx)
📣 Aurora Reddit Community x Australis Finance AMA is here!
👀 Australis Finance is a lending protocol on the Aurora Network, introducing Flash Loans to the Aurora ecosystem.
👇Links
You wouldn’t have to state your name and business to a giant maiden of the underworld when crossing @RainbowBridge. It may not connect Midgard to Asgard but it’ll bridge your assets to help you deposit and borrow like an old Norse god via Australis! https://t.co/1samBrX3tj
Australis offers up to 75% #LTV (Loan-to-Value) on your #stablecoin collaterals and up to 80% on your volatile assets! Check out the parameters section on our docs for more details on your future go-to money market.
https://t.co/b1RFxkCO5S
Did you know that you can get a testnet ETH faucet on https://t.co/k63VwBzv8Z, add aurora testnet network to your wallet and try our services on https://t.co/u5N2BNYeQ8 ?
@Ess_kabir DMs are open. You can also reach us on telegram https://t.co/12bstgF8ca or open a ticket on our discord server for support. https://t.co/a150PrzSy7
One of the beauties of a lending/borrowing protocol such as Australis is the fact that you can repay your #cryptoloan without worrying about a repayment deadline with your name on it.
You can connect your @MetaMask or use @WalletConnect on the Australis web app and through the magic that is the @auroraisnear#EVM, start your lending/borrowing process. The transactions will be fast and smooth with unbelievably low fees. Start now! https://t.co/ZFtzvIBGKU
🚀Don't forget we have an appointment #AMA at ⏳2pm UTC tomorrow!!
🎯Come join us and drop your good + meaningful questions❓
🤩The chance to become a winner is quite interesting, isn't it
🙌Waiting for you all there