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What is Amnis Finance (AMI)?

Amnis Finance is a decentralized finance (DeFi) platform built on the Aptos blockchain that specializes in liquid staking and tokenized yield. Users can stake their APT tokens via Amnis to earn staking rewards without the need to lock their funds or operate validator nodes. The protocol utilizes two main tokens: amAPT, a stablecoin pegged 1:1 to APT, and stAPT, a yield-generating token that increases in value as staking rewards accumulate. When users stake APT on Amnis, they receive amAPT, which can then be converted into stAPT to earn an approximate annual percentage rate (APR) of 7.5%. This allows users to participate in DeFi while generating passive income. The system offers both quick and slow withdrawal options for flexibility. It employs a dual-token model to optimize reward distribu...

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