> ## Documentation Index
> Fetch the complete documentation index at: https://docs.amped.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# esAMP Token

> Understanding the escrowed AMP (esAMP) token

# esAMP Token

esAMP (escrowed AMP) is a non-transferable token that users can earn by staking AMP or ALP. It plays a crucial role in the Amped Finance ecosystem by incentivizing long-term participation and platform growth.

## Earning esAMP

Users can earn esAMP tokens through:

* Staking AMPED tokens
* Staking ALP tokens
* Platform rewards and incentives

## Staking Benefits

When staked, esAMP tokens provide multiple benefits:

1. **Protocol Fee Sharing**
   * Participate in 30% of all generated protocol fees
   * This compounds with payments received from AMP/ALP staking

2. **Additional Rewards**
   * Earn additional escrowed AMP (esAMP) tokens
   * Compounds with esAMP received from AMPED/ALP staking

3. **Multiplier Points**
   * Earn Multiplier Points (MP) that boost yield
   * Compounds with MPs received from AMPED/ALP staking

## Vesting Process

esAMP tokens can be vested to convert them into AMPED tokens:

1. During vesting:
   * AMPED/ALP staked are reserved
   * esAMP stops accruing staking rewards
   * Staked AMPED/ALP continues to accrue regular staking rewards

2. Conversion details:
   * 12-month vesting period
   * Vested esAMP gradually converts to AMPED
   * Must maintain ALP in the pool to unlock vested esAMP

## Important Considerations

* esAMP is non-transferable
* Vesting requires maintaining staked assets
* Rewards compound with other staking benefits
* Vesting period is fixed at 12 months