What are the benefits of the holders?
By combining the advantages of traditional finance and blockchain technology we can ensure corporations benefit from:
🔸 Improved liquidity and working capital
🔸 Reduced risk of non-payment
🔸 Upgraded reconciliation process
🔸 Additional financing opportunities for SMEs
🔸 Convenience
🔸 Full transparency
🔸 Lower costs
🔸 Reduced error rates
🔸 Frees up resources to focus on core business
🔸 Level playing field for all participants
What Is the token used for?
AMPT Token is a native token created to support the functions of Amplify. AMPT Token will be the fuel for our platform. Don’t forget that AMPLIFY is a DeFi project where the community is steering the development. The token gives voting rights to its holders. The more tokens you have, the higher the influence on the matters discussed, from roadmap decisions to token release. Decisions are made following the "majority wins" system, where 51% of the circulating AMPTs is required to approve proposals.
Tokens will also be used to increase liquidity. Mining liquidity to power the Amplify ecosystem is a key activity to support our vision. Incentives are therefore designed to reward deposit and financing loans.
Every token holder is entitled to a share of profits. AMPLIFY plans to redistribute back to all AMPT holders a portion of the profits collected during the borrowing/lending process. Such portion will be calculated according to the amount of AMPTs held in the recorded address.