AmpliFi Launches DeFi Dividend | Northern News

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Zug, Switzerland–(Newsfile Corp. – September 20, 2022) – AmpliFi gladly announces the launch of the world’s first crypto dividend application and invites the public to come try it out. AmpliFi seeks to make a mark in the industry by providing sustained returns over time; especially as it has an external revenue source. 

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AmpliFi logo

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AmpliFi is a decentralized finance (DeFi) project built on the Ethereum blockchain by co-founders Jordan Tappan and Christopher Silk. This technology is built around eliminating third parties, like banks, in the financial industry. The goal of DeFi has always been to eliminate fees from traditional banks; create options to keep assets in blockchain wallets; and of course speedy transactions.

Facts About How it Works

Below is how the project works especially for holders and DeFi enthusiasts:

Staking

The simplest way crypto newbies can leverage crypto is by joining the Staking Pool. To buy any number of tokens, one has to press a button called “Stake” on the website or Dapp to place them into a yield-bearing account, similar to a savings account with the person’s bank, albeit at much higher rates.

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For perspective, while the national average for U.S. savings accounts earn .06%, AmpliFi’s Staking Pool earns up to 38% per year, approximately a 6,300% increase. 

Creating Amplifiers

Creating an Amplifier unlocks the opportunity to support protocol efforts in a more intimate way. In return, holders get triple-digit APY on the native token. When an Amplifier is new, it gives the most rewards to holders. But as it ages, it begins to wear out and so does its potential.

By Fusing Amplifiers

Fusing Amplifiers is where holders are given intrinsically-valuable rewards. Holders who “fuse” their Amplifiers are essentially locking it for 1 year, 3 years, or 5 years. Holders who choose to stick around for a longer time are basically participants in any successes it garners in the journey.

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Furthermore, Fused Amplifiers earn a share of the revenue from AmpliFi’s efforts to provide consensus for the Ethereum blockchain (with network validators). Essentially, Fused Amplifiers capture both #AMPLIFI tokens and $ETH.

Through the Governance Token

In the DeFi world, Governance tokens usually don’t hold any intrinsic value as they’re just used for voting. This is the reality for the governance token of the AmpliFi project except that it offers its holders a fraction of the project’s revenue.

About AmpliFi

AmpliFi is a decentralized annuity that seeks to offer perpetual yield to holders through $ETH validator dividends alongside shared protocol revenue and trade fees which underpin the value of the native token, #AMPLIFI.

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#AMPLIFI is not a meme coin, and it’s not going to the “moon” at $1 million dollars per token. Instead, it’s created to systematically provide yield year after year, for as long as Ethereum continues to exist. And should Ethereum stop existing, AmpliFi can move onto another blockchain.

Media Contact

Christopher Silk, Co-Founder: https://www.twitter.com/gmFroggy

Jordan Tappan, Co-Founder: https://www.twitter.com/chief_alch

Email: info@perpetualyield.io
Website: https://perpetualyield.io/
Address: Zug, Switzerland
Telegram: https://t.me/AmpliFi_ERC
Twitter: https://twitter.com/AmpliFiDeFi

Click the following link for more info: linktree.com/AmpliFiDeFi

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137381

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