Amplitude’s AMPE Token is Listed on Zenlink for Trading
We are pleased to announce that the AMPE token is now available on the Zenlink DEX following a successful LBP (Liquidity Bootstrapping Program). The consistent support of our AMPE community is deeply valued. The collective effort and support were instrumental in propelling the Amplitude Kusama crowdloan to success, accumulating over $1 million in contributed KSM tokens. After the LBP referendum was set in motion by Amplitude’s governance, the 3 day community LBP has been successfully completed and Zenlink becomes the first trading platform for AMPE.
Listing Details
Trading pair: AMPE / KSM
DEX: Zenlink
LP rewards: 160,000 AMPE per month
Providing Liquidity on Zenlink
Zenlink is an open and universal cross-chain DEX protocol. AMPE community members now have the opportunity to provide liquidity for the AMPE/KSM trading pair on Zenlink and earn rewards. Liquidity providers will collectively earn 100% of the fees generated. In addition, liquidity providers will receive LP tokens which can be staked for further rewards. Follow this tutorial on exactly how to add liquidity to the AMPE/KSM pool.
Securing your AMPE tokens
The AMPE token from the Amplitude chain is set to be supported by numerous top-tier wallet services. Currently, Polkadot.js, Talisman, Subwallet and Nova Wallet all support AMPE tokens with many more to come soon. It is a pleasure to join forces with these service providers, granting the Amplitude community a variety of choices for digital asset management. This article presents a detailed guide to all the available wallet solutions for both PEN (Pendulum’s native token) and AMPE, highlighting the trade-offs and advantages of each.
AMPE Staking & Tokenomics
The Amplitude Collator Program invites community members to become essential contributors to the Amplitude and Pendulum ecosystem. By participating in this initiative, individuals can reap up to an 11% annual reward for running nodes. To learn more about joining as a collator you can delve deeper here.
It’s worth noting that the AMPE token distribution is community-focused, with no allocations reserved for the project’s team or advisors. To see the full tokenomics breakdown see this article:
Summary
In conclusion, Amplitude Chain’s native AMPE token embarks on a new chapter, finding its first trading home on the Zenlink DEX after the successful completion of the Liquidity Bootstrapping Program. If you have questions or need assistance, the Pendulum community and team are just a click away on Telegram and Discord. The Pendulum and Amplitude communities stand at the forefront of intertwining Forex with DeFi, driving us into a new age of expanded financial access.
About Amplitude
Pioneering the internet of fiat. Amplitude is the sister network of Pendulum on Kusama. It will act as a testing ground for Pendulum applications and network parameters and be powered by the AMPE token.
About Pendulum
Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.
Keep your eyes on the Pendulum!
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