AMY 2x Housework Program

Dear Cat lovers,

Now we are excited to announce we are launching the “AMY 2x Housework” from 3 pm, Sep 24th to 3 pm, Sep 30th (UTC)! Up to now, our TVL has hit $34m in less than a week. What a remarkable performance by all of you! We believe that this is just the beginning that our Lending Protocol will outshine others in L2, in defi.

“Amy Finance 2x Housework Program”, as the name it is, means that all the participants of it will obtain twice the mining rewards than usual. If you have participated in “3x Housework”, you just need to keep your assets in the Assembly Pool. If you are a newcomer to AmyFi, please take a bit of time to read the following.

2x Housework Program

For Early Stakers of the Assembly Pool

Assembly Pool is the main component of Amy Finance. It supplies assets for both margin trading and borrowing purposes, maximizing the utilization of assets for pool contributors. By staking assets into the Assembly Pool as early contributors, you will be compensated accordingly for your efforts. The details of the Assembly Pool staking rewards for early contributors are the following:

Total Rewards: 3,000,000 AMY token (0.3% of total supply)

Program Schedule: 3pm, Sep 24th — 3pm, Sep 30th (UTC)

Rules: If you have participated in “3x Housework”, you just need to keep your assets in the Assembly Pool. If you are a newcomer to Amy, you could start to stake assets into the Assembly Pool from 3pm, Sep 24th (UTC). The rewards for staking will officially be calculated from the moment you stake your assets in the pool. Your final rewards are determined by your contribution to the TVL and the duration of your staking.

We have extended 1 day for 2x Housework Program and thus adjusted the rewards allocation for Assembly Pool according to market demands.

Assembly Pool Allocation (New Version +1 day):

• USDC 0.8m
• USDT 0.8m
• WBTC 0.45m
• WETH 0.55m
• DAI 0.3m
• UNI 0.2m
• LINK 0.2m

Assembly Pool Allocation (Old Version):

• USDC 0.75m
• USDT 0.75m
• WBTC 0.45m
• WETH 0.45m
• DAI 0.2m
• UNI 0.2m
• LINK 0.2m

Lockup Period: The AMY tokens reward will be vested linearly 14 days after TGE.

What You Should Know

• If you are new to Arbitrum and have no idea about how you should transfer assets from L1 to L2, please take a look at the tutorial here.
• Assembly Pool is a single-asset staking pool. To generate AMY token rewards, you could choose to stake any single asset which is available in the Assembly Pool.
• There is no impermanent loss by staking your assets into the Assembly Pool.

There are no words that can express our gratitude for your patience and support towards Amy. Many of you kept asking when the $AMY crowdpooling event on DODO would take place in these two days. We would like to say that we’re really sorry that it’s been postponed, which is also beyond our expectations. We’ll announce the reopening time of it in all of our channels in the first place as soon as we confirm it to make sure that all of you will have enough time to prepare for our crowdpooling event!

Appendix

Token Distribution:

• Total supply 1,000,000,000
• 60% Farming, vesting in 900 days
• 20% Farming Reserve
• 3% Airdrop
• 3% Liquidity
• 6% for the team, vesting in 720 days
• 8% Assembly Research Cattery, vesting in 180 days