Summary: Amplifi, the pioneering force in decentralised finance (DeFi), is set to reshape the landscape of yield generation by introducing an innovative approach to asset aggregation. Unlike current yield aggregators, Amplifi utilises machine learning and complex algorithms to create baskets of similar assets maximising returns for users.
Key Features of Amplifi
- Powered by Machine Learning & Complex Algorithms: Amplifi leverages cutting-edge machine learning and complex algorithms to optimize yield generation and create robust asset baskets.
- Fully Automated: The Platform is entirely automated, eliminating manual intervention in strategies. Unlike centralized counterparts like Nexo and Celsius, Amplifi ensures that no one on the team can access user’s assets.
- Decentralised and Distributed Assets: Amplifi eliminates the single points of failure seen in centralised entities. User’s assets are distributed across multiple pools, protocols, and chains enhancing security. Even if one pool is exploited, user assets remain safe.
- Non-Custodial Wallets: Amplifi employs non-custodial wallets, ensuring that users can access their assets independently even if the platform experiences downtime.
- Secure and Trusted Protocols: Amplifi exclusively partners with secure and trusted protocols, prioritising the safety of user’s assets
- Earn on Fiat Functionality: Amplifi is in the process of obtaining necessary licensing to enable users to earn on fiat, making DeFi accessible to a broader audience.
- User-Focused Accessibility: With a strong emphasis on user-experience (UX) and user interface (UI), Amplifi is committed to breaking down barriers and making DeFi more accessible.
- Airdrop Strategy: Amplifi incorporates a strategic airdrop approach to attract users to the platform, fostering community engagement.
- Stable 10% APY Across Stablecoins: As an initial product offering, Amplifi targets a stable 10% Annual Percentage Yield (APY) across all stablecoins.
According to a trusted source at Amplifi, “Amplifi is poised to transform the DeFi landscape, providing users with a secure, automated and accessible platform to maximise their returns. We are committed to removing barriers to DeFi Adoption by making it simple, time efficient and at an optimised cost.”
Traction to Date and Future Plans
- MVP Build: Amplifi’s Minimum Viable Product (MVP) includes a web app with high level security features, main and sub-account functionality for B2B multi-strategy setup.
- Developer Hiring: The company has assembled a highly proficient team of blockchain developers with over a decade of collective experience, including a lead developer who has consulted over 100 blockchain projects.
- Network Building: Amplifi has established a vast network in the web3 space, with a curated list of over 1000 VCs and 500 crypto hedge funds to tap into upon MVP launch.
Amplifi announces an upcoming Airdrop alongside their Zealy campaign, where completing at least level 1 makes users eligible to join the early access waitlist.
About Amplifi
Amplifi is a leading decentralised finance (DeFi) platform revolutionising yield generation through automated asset aggregation, machine learning, and unparalleled security.
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