Amy 3x Housework Program
Dear Cat Lovers,
We are thrilled to announce that Amy Finance mainnet beta version is launching soon! Before the farming function is officially available, we are now initiating the “Amy 3x Housework Program” to express our gratitude to the early stakers of our platform.
As cat lovers, we all know that how wonderful it is to clean our house and provide an excellent environment for our cats. “Amy 3x Housework Program”, as the name it is, means that all the participants of it will obtain three times of mining rewards than usual.
With this program, we are trying to bring decentralized Lending Protocol to a new era where the capital efficiency of the lending protocol is being maximized!
🚀3x 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: 5,000,000 AMY token (0.5% of total supply)
Program Schedule: 3pm, Sep 17th — 3pm, Sep 24th (UTC)
Rules: You could start to stake assets into the Assembly Pool from 3pm, Sep 17th (UTC). The rewards for staking will officially be calculated from the next day, 3pm, Sep 18th to 3pm, Sep 24th (UTC). Your final rewards are determined by your contribution to the TVL and the duration of your staking.
Assembly Pool Allocation:
- USDC 1.25m
- USDT 1.25m
- WBTC 0.75m
- WETH 0.75m
- UNI 0.25m
- YFI 0.25m
- LINK 0.25m
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 or use Celer cBridge.
- 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.
As always, thank you for your support for Amy Finance. Don’t forget to interact with us and stake some assets into the Assembly Pool to win in this early bird program!
🤩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
About AMY Finance
Amy Finance is a Layer 2 based & LP-friendly Lending Protocol. It’s a fair launch project without presale and private investors. As a community-driven project, Amy Finance helps users to earn safe and high yields. By staking assets into the Assembly pool, each LP/Staker will receive the interests generated from lending and leverage trading without any loss. Moreover, users can borrow assets from the pool and conduct margin trading in one app. The transaction fee will be extremely low owing to the L2 native design. The design of Amy Finance can lift the revenue and maintain the same level of fund security as the classic lending protocols do.
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