Sofia, Bulgaria — January 28 — DeFi-focused crypto wallet by Ambire is launching its much anticipated governance token on the Huobi exchange.
Ambire Wallet is a new-generation non-custodial and open-source smart wallet that offers its users easy access to DeFi, enhanced user experience and a focus on security. The Ambire Wallet was released in December and currently has more than 45,000 accounts holding over $22 Million worth of assets in their wallets.
Ambire Wallet will be governed by its own governance token called $WALLET. Early users of the wallet are already accruing $WALLET as airdrop rewards based on the amount of funds they are holding in their wallets. The token will become claimable shortly after its public release.
A total of 0.6% of the token supply is launching on January 29th exclusively on Huobi, one of the world’s major digital asset exchanges. The token will be offered during a Primelist event on the Huobi platform.
Starting at 20:00 (UTC+8) on January 29th, Huobi users will be eligible for an allocation at the opening price if they lock in and trade assets for allotted tickets during the event period. Other users not participating in Primelist can also purchase $WALLET tokens on Huobi Global after the listing.
Among Ambire Wallet’s features are batching transactions and simplifying protocol approvals to avoid unnecessary transaction fees, gas management automation, Trezor and Ledger hardware wallet support, and much more. The wallet has also integrated popular DeFi protocols such as Aave, Yearn and SushiSwap, and wallet users can start using these protocols in just a couple of clicks on Ethereum, Fantom, Avalanche, BSC and Polygon with L2s and other networks coming soon.
About Ambire
Ambire (formerly AdEx Network) is the company that develops the new-generation solution for digital advertising Ambire AdEx and a DeFi-focused crypto wallet, Ambire Wallet.
Ambire AdEx originated in 2017 as a decentralized ad exchange for digital advertising – the experience from making Ethereum and DeFi accessible to everyone later on led to the creation of the Ambire Wallet, and subsequently evolved into a full protocol for digital advertising. To date, the Ambire AdEx platform has more than 17,000 registered users.
Ambire Wallet is a full-featured cryptocurrency wallet for anyone from the absolute beginner to the crypto and DeFi pioneers. It brings a number of innovative features like automatic gas management, hardware wallet support and much more. With Ambire wallet, anyone can easily benefit from the crypto and DeFi industries without dealing with complicated interfaces or concepts.
In December 2021, Ambire raised $2.5 million in a funding round led by LAUNCHHub Ventures.\