BitMart, a premier global digital asset trading platform, will list and debut Amplifi (AMPLIFI) on October 10, 2022, for all BitMart users, the AMPLIFI/USDT trading pair will be officially available for trading at 10:00 AM (UTC).
What is AmpliFi?
AmpliFi is the world’s first protocol for perpetual Yield through a reward-paying crypto annuity, the intrinsic value of which is derived from blockchain validator acquisition and revenue distribution. AmpliFi distributes earnings in #AMPLIFI tokens and awards holders in $ETH if they lock their Amplifier in a Fuse Pool for at least 1 year. Locking an Amplifier in a Fuse Pool further entitles the holder to volume-based trade fees via AmpliFi’s mintable governance token, $gAMP.
The protocol features an intrinsically-valuable native token backed by blockchain validators which reward medium-term and long-term holders who create Amplifiers or Transistors through the AmpliFi DApp. Holders may also stake for up to 38% APY or may join the Liquidity Mining Pool.
AMPLIFI uses front-end and back-end fees to purchase blockchain validators across popular Layer 1 blockchains, beginning with Ethereum, and provides yield in 4 ways:
- Validator Acquisition (starting with $ETH)
- Native #AMPLIFI Yield
- Yield Amplification (the process of allocating a portion of fees to boosting additional $ETH Validator yield to medium-term and long-term holders who own Fused Amplifiers)
- AmpliFi’s revenue-sharing Governance token, $gAMP, which is exclusively reserved to holders with Fused Amplifiers, and gives holders $ETH rewards every 30 days
Any holder with 6 #AMPLIFI tokens may create a Transistor through AmpliFi’s Website (AmpliFi), which burns those tokens and begins providing generous native yield for 30 months. Likewise, a user with 20 #AMPLIFI may create an Amplifier on AmpliFi’s Dapp. Upon creating an Amplifier, the protocol removes the 20 tokens from circulation and the Amplifier begins generating #AMPLIFI rewards at a higher yield, and enables the holder to Fuse the Amplifier to begin earning $ETH rewards each month. Amplifiers do not expire.
AmpliFi features several novel token economics mechanisms, including Alternating Monetary Policy, logarithmic and linear decay and yield adjustment mechanisms, and a standardized Burn-and-Refill procedure. AmpliFi is generally net-deflationary and incorporates governance rights to community members with Fused Amplifiers. AmpliFi seeks to ultimately remove all front-end taxes and fees as it embarks on its journey to create a wide-reaching innovative DeFi ecosystem.
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AmpliFi, the world’s first decentralized annuity, creates intrinsic value through the native #AMPLIFI token by tying it to external sources of revenue. In time, #AMPLIFI can be reasonably expected to mirror and reflect the value of this external revenue which is generated and distributed to holders. As a result, the more value-add systems, features, and modules AmpliFi intertwines within the platform, the more valuable #AMPLIFI becomes. AmpliFi released its full roadmap on September 30th, detailing plans for several DeFi modules to be incorporated into the AmpliFi ecosystem over the next four years. Check it out here.
To learn more about AMPLIFI, please visit their Website, follow their Twitter, and join their Telegram.
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This post first appeared on Timesnewswire, please read the originial post: here