Learn about the benefits and mechanics of holding AMPED tokens
Liquidity providers (ALP Holders) and AMPED holders benefit from long-term yields through a combination of esAMP and multiplier points, both backed by real returns generated from platform operating fees.
Escrowed AMP (esAMP) serves two primary functions within the protocol:
When staked, each esAMP token offers a yield equivalent to AMPED in both esAMP and ETH rewards.
While esAMP and AMPED offer the same advantages in terms of yields on the Amped platform, esAMP is not a transferable token like AMPED. To become AMPED tokens, esAMP must first be locked for a one-year period. The locked tokens automatically convert to AMPED tokens in your account after the lock-up period.
To convert esAMP into AMPED:
Example: If you stake 1000 AMPED tokens and receive 80 esAMP, locking these 80 esAMP will reserve 800 AMPED. The esAMP tokens in the vault no longer participate in staking but convert to AMPED every second over 365 days. Reserved AMPED continues earning yields in esAMP and ETH.
Important: You must possess AMPED to stake your esAMP. If you have esAMP without owning AMPED, you will need to acquire AMPED first.
Multiplier points reward long-term AMPED/esAMP holders without creating inflation for AMPED.
Multiplier points can significantly boost your APR:
Example: