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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. Leveraging the team’s experience in building Anchor into a $20B TVL protocol, Ambit Finance is a sustainable, comprehensive, and easy-to-use suite of fintech apps (“Superapp”) that will incorporate lending, borrowing, and yield optimization strategies to further the utility of BUSD and DApps in the broader BNB Chain ecosystem, and a launching pad for a “decentralized Binance” that will combine the useability of Binance.com with the latest innovations in DeFi.