Holding AMPED
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.esAMP (Escrowed AMPED)
Escrowed AMPED (esAMP) serves two primary functions within the protocol:- It can be staked to earn yield in esAMP
- It can be vested to become AMPED token after a one-year period
Differences from AMPED
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.Vesting Process
To convert esAMP into AMPED:- Lock tokens in the vault on the Earn page
- The average amount staked to acquire them will be reserved
- Conversion occurs continuously over 365 days
Multiplier Points
Multiplier points reward long-term AMPED/esAMP holders without creating inflation for AMPED.How They Work
- Fixed 100% yield rate
- Earned every second during staking
- Each point offers the same ETH yield as AMPED
- Points burn proportionally when AMPED is withdrawn: (AMPED withdrawals / Total AMPED * Total multiplier points)
Boost Percentage
Multiplier points can significantly boost your APR: Example:- 100 in ETH
- 20% multiplier points = additional $20 in ETH (20% boost)
- Maximum boost percentage: 200%