After winning a Parachain auction with more than 24000 KSM from 604 contributors worldwide, Amplitude has won the 40th para chain auction for Kusama. This means Amplitude is now set for its official launch which will facilitate the continued building of its data infrastructure for the future of Defi on Kusama.
ABOUT AMPLITUDE
Amplitude is a sister blockchain of Pendulum and it aims to build a link between Fiat and Defi through a Fiat optimized contract blockchain.
This will enable fintech and forex providers to integrate their Fiat services with Defi applications such as specialized AMMs, lending protocols, and yield farming opportunities. Ample will also act as a ground for testing applications and network parameters for Pendulum. its ecosystem is powered by the AMPE token.