Ampleforth (AMPL) Staking - All information about Ampleforth staking - DropsEarn
Ampleforth

Ampleforth AMPL

Add to Watchlist

Added to Watchlist

Reward

0.00%

Compound Reward

0.00%

Inflation

0.00%

Price

$1.258

Adjusted Reward

0.00%

Adjusted Compound Reward

0.00%

Total Staked

0.01%

Lock-Up Period

365 days

Market Cap

$35,569,313

About Ampleforth

The AMPL is a digital asset, like Bitcoin, but with a supply that adjusts every day according to demand in the marketplace.

Ampleforth "Geysers"

Ampleforth Geysers are smart faucets that incentivize on-chain liquidity. Users receive AMPL for providing liquidity on automated market making platforms (AMMs) like uniswap. The more liquidity you provide, and for longer, the greater share of the AMPL pool you receive.

  • Deposit AMPL-PAIR liquidity tokens
  • Receive a continuous drip of $AMPL

The AMPL Geyser distributes AMPL tokens from the ecosystem fund to those who provide liquidity on Uniswap V2. The more liquidity you provide, and for longer, the greater share of the AMPL pool you receive.

The AMPL pool in the Geyser unlocks gradually over time, and stakers receive share over the unlocked AMPL over time.

User Flow

The basic staking flow is:
1. Deposit ETH and AMPL into Uniswap V2
2. Receive UNI-V2 LP Tokens
3. Stake those UNI-V2 LP Tokens in the Geyser

That's it! Once you've deposited staking tokens, you can check your current stake and reward amounts using the Geyser interface. You can add more staked liquidity whenever you want and there is no minimum lockup period. You receive your share of the Geyser pool when you unstake.

How does the Bonus Period work?

The Geyser is meant to incentivize long-term liquidity providers. While there are no hard lockups for staking, there is a benefit to keeping your staked position longer.

When you begin staking, you begin at a 1X bonus multiplier on your reward earnings. This multiplier increases throughout the trial period, to a maximum of 3X after two months. An easy way to think about it is: each additional month you hold, you receive 'an extra X' on your multiplier, up to a maximum of 3X. For example, holding for an entire month gives you a 2X multiplier, and holding for two months, a 3X multiplier.

If you withdraw half-way through month 2 (after 6 weeks), you would get half-way between 2X and 3X--it's a simple linear function.

Each individual stake amount marks the beginning of it's own period. So if you stake two times then withdraw, the first stake and the second stake may have different bonus amounts. Withdrawn stakes always start with the newest staked tokens.

If this sounds complicated, there are really just two things to keep in mind:
1. Try to keep stakes for at least 8 weeks.
2. The Geyser interface always shows your current stake amount and reward balance.

Video Walkthroughs to help you through the process:

1. How to acquire AMPLs with Argent Wallet
2. How to use Metamask to participate in the Uniswap V2 pool
3. How to stake your UNI-V2 LP tokens in the Geyser
4. How to read the Geyser Stats

 

 

About

Ampleforth describes itself as smart commodity money. It is chain-agnostic and reportedly less-correlated to Bitcoin and other digital assets.

Rank 1081