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Amnis Finance (AMI)

Last updated: Sep 11, 2024

Amnis Finance is a liquidity staking protocol on the Aptos blockchain.

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Overview

Project industry	DeFi / Aptos Ecosystem
Product type	Protocol
Founded	Vietnam
Whitepaper	Open

What is Amnis Finance

Amnis Finance offers the capability of liquid staking, a pivotal concept in the realm of cryptocurrencies and blockchain technology. Through this feature, Amnis allows users to instantly receive tokens of equivalent value to those they have staked, enabling them to make use of the value of these tokens in transactions or other activities of interest, all without necessitating the unstaking process and the subsequent waiting period for token release.

Amnis Finance offers a staking APR of 7%, which is higher than that of other protocols. In addition to this comparison, Amnis Finance provides APT Derivative tokens, including stAPT and amAPT, whereas other only offers stAPT or tAPT. Notably, Amnis Finance secures the backing of the Aptos Foundation, offering token utilities such as Governance and Incentives, as well as Institutional KYC Support and an Affiliate system. Unfortunately, specific information regarding these features is not available for the other alternatives.