Protocol Tokens
Amped Finance utilizes four main tokens to power its ecosystem:AMPED Token
The AMPED token is the platform’s governance and utility token that allows holders to:- Participate in protocol governance
- Earn rewards through staking
- Receive protocol fees
- Access additional platform features
esAMP Token
Escrowed AMPED (esAMP) is earned through:- Staking AMPED
- Staking ALP
- Platform rewards
- Staked for additional yields
- Vested to convert to AMPED over time
ALP Token
ALP (Amped Liquidity Pool) serves as the liquidity provider token that:- Represents a share in the platform’s liquidity pool
- Earns fees from trading activities
- Can be staked for additional rewards
- Maintains price stability through its index mechanism
yALP Token
yALP is a yield-bearing vault token that:- Automatically compounds ALP rewards
- Provides transferable liquidity (unlike staked ALP)
- Follows the ERC-4626 tokenized vault standard
- Offers “set-and-forget” yield optimization
Token Interactions
These tokens work together to create a sustainable ecosystem:- Traders pay fees in ETH
- Fees are distributed to AMPED and ALP stakers
- Stakers earn additional esAMP rewards
- esAMP can be vested to AMPED
- AMPED can be used for governance or restaked
- ALP can be deposited into yALP for auto-compounding
Reward Distribution
The protocol distributes rewards as follows:- 70% to Liquidity Providers: ALP holders receive the majority of trading fees
- 30% to Platform Participants: Distributed to active users who engage with the platform