$AMU Staking — Lock To Farm $AMU
Providing more use cases for AMU has always been our top priority.
Now we are proud to present AMU Staking, a feature that allows you to lock AMU to farm more AMU.
AMU Staking is currently LIVE on Solana!
Stake now here
In this article, we reveal the following:
- How it works
- Understanding the Preview
- Where to get AMU
How it works
- Connect Solana Network
2. Input the AMU amount you wish to lock
3. Choose your lock duration (the longer you lock, the higher the APR)
4. Check your preview
5. Confirm
Understanding how APR is calculated
Total AMU to be locked = The amount of $AMU you input
Multiplier = Your locked duration/unit locked duration (1 week)
Your Weightage of the rewards = Your Locked AMU Amount X Multiplier
Your Share of the Rewards = Your Weightage / Total Weightage Units (from all AMU locked) X Total AMU Rewards in the Rewards Pool
APR = (Your Share of the rewards / Your Locked AMU) X 100%
For example:
If you have 100 AMU and you choose 4 week
- Multiplier = 4 Week/1 week = 4
- Your weightage of the rewards = 100 AMU X 4 = 400 Weightage Units
- Your share of the Rewards (to be withdrawn after lock period) = 400/Total Weightage Units (from all AMU locked) X Total AMU Rewards in the Rewards Pool
- APR = ( Your share of the rewards / Your Locked AMU ) X 100%
Where to get AMU
You can get AMU on any of the 4 exchanges that we are listed on
Bridge AMU from EVM to Solana here
