Has anyone already bought a token?
yes, of courseWhat are your project's plans for 2021?
the project is developing according to the roadmap that is published on our website ampt.tech 
Topic: 💎 AMPLIFY: Decentralized Financial Infrastructure 💎 - page 16. (Read 2625 times)
The Amplify project also uses blockchain technology?
Advantages of AMPLIFY
We regularly speak about our project’s strengths and yet the question about the advantages of the AMPLIFY project remains the most frequent asked one on our social media! Now is the time to make it clear what these advantages are!
The key strengths of the AMPLIFY project can already be found in a special list on our website, so in this post we would like to point out three aspects that make our project stand out from the rest:
💢 Credit Granting. AMPLIFY will use its years of experience in the supply chain finance and blockchain industries to establish an on-chain governance agreement.
💢 On-chain Financing. AMPLIFY argues that current developments in DeFi highlight the advantages of financial transactions on the chain.
💢 Strong Liquidity. Because the global digital asset market is a decentralized financial institution, it creates a vast pool of liquidity.
💡 Even more information about AMPLIFY can be found on our project’s website. Simply follow the link: https://www.ampt.tech/amplify_en.pdf
We regularly speak about our project’s strengths and yet the question about the advantages of the AMPLIFY project remains the most frequent asked one on our social media! Now is the time to make it clear what these advantages are!
The key strengths of the AMPLIFY project can already be found in a special list on our website, so in this post we would like to point out three aspects that make our project stand out from the rest:
💢 Credit Granting. AMPLIFY will use its years of experience in the supply chain finance and blockchain industries to establish an on-chain governance agreement.
💢 On-chain Financing. AMPLIFY argues that current developments in DeFi highlight the advantages of financial transactions on the chain.
💢 Strong Liquidity. Because the global digital asset market is a decentralized financial institution, it creates a vast pool of liquidity.
💡 Even more information about AMPLIFY can be found on our project’s website. Simply follow the link: https://www.ampt.tech/amplify_en.pdf
What are your project's plans for 2021?
Has anyone already bought a token?
What opportunities will I get by becoming a token holder?
Every token holder is entitled to a share of profits. AMPLIFY plans to redistribute back to all AMPT holders a portion of the profits collected during the borrowing/lending process. Such portion will be calculated according to the amount of AMPTs held in the recorded address.
What is blockchain technology?
Blockchain is a database that stores a constantly growing list of records (blocks). These records are organized in a strict sequence, and each subsequent record stores some information about the previous record. Such a database is stored on users ' computers (it does not have a single server) and everyone who keeps the database has its full copy and new records are added to all existing copies.
🔘 Is it clear? Let's explain with a simple example:
🔸 Sasha bought 6 apples
Record this fact in the blockchain (some diary) and get block number 1. Send block No. 1 to Nick, Vita, Lana, Tasha and Margo (network users) – now all they know that Sasha has 6 apples.
🔸 Sasha gives Nick 5 apples to divide them between his friends.
Write down this fact in block number 2. Block 2 contains the unique identifier of block 1. Send this block to Vita, Lana, Tasha and Margo.
🔸 Nick gives Vita 1 Apple.
Write this down in block #3. Add a unique identifier of block 2 . We send a block to all users.
🔸 Nick gives Lana 3 apples to share with her friends.
Record in the block number 4. Add the identifier of the block № 3. Send out a block.
🔸 Lana, instead of treating her friends, eats all 3 apples in a fit of hunger during the night, and when Tasha and Margo come to her for the promised apples (because they received information that Nick gave her three apples), Lana is trying to put the blame on Nick and says that he gave her only 1 apple, and the rest he kept for himself. But the entry in the blockchain tells a different story and Tasha and Margo know that Lana has eaten their fruits!
Thus, the blockchain is there to protect us from fraud within the network, making the transaction very easy and transparent!
Blockchain is a database that stores a constantly growing list of records (blocks). These records are organized in a strict sequence, and each subsequent record stores some information about the previous record. Such a database is stored on users ' computers (it does not have a single server) and everyone who keeps the database has its full copy and new records are added to all existing copies.
🔘 Is it clear? Let's explain with a simple example:
🔸 Sasha bought 6 apples
Record this fact in the blockchain (some diary) and get block number 1. Send block No. 1 to Nick, Vita, Lana, Tasha and Margo (network users) – now all they know that Sasha has 6 apples.
🔸 Sasha gives Nick 5 apples to divide them between his friends.
Write down this fact in block number 2. Block 2 contains the unique identifier of block 1. Send this block to Vita, Lana, Tasha and Margo.
🔸 Nick gives Vita 1 Apple.
Write this down in block #3. Add a unique identifier of block 2 . We send a block to all users.
🔸 Nick gives Lana 3 apples to share with her friends.
Record in the block number 4. Add the identifier of the block № 3. Send out a block.
🔸 Lana, instead of treating her friends, eats all 3 apples in a fit of hunger during the night, and when Tasha and Margo come to her for the promised apples (because they received information that Nick gave her three apples), Lana is trying to put the blame on Nick and says that he gave her only 1 apple, and the rest he kept for himself. But the entry in the blockchain tells a different story and Tasha and Margo know that Lana has eaten their fruits!
Thus, the blockchain is there to protect us from fraud within the network, making the transaction very easy and transparent!
Don’t Miss AMPT Token Sale!
You have less and less time to buy AMPT tokens and become part of our project! You can do it on the Emirex exchange.
AMPLIFY is a high-tech project in a high-demand field. We are constantly developing and improving, attracting new partners and working so that AMPLIFY could efficiently solve the problem it was designed to solve.
🔵 What you need to know about AMPT tokens:
🔹 Project Name: AMPLIFY
🔹 Token Symbol: AMPT
🔹 1 Round - soft cap: $100,000 (1,000,000 AMPT)
🔹 Token price: 0.100000 USDT
🔺 You can buy AMPT at the following link: https://emirex.com/investments/sfc/7
You have less and less time to buy AMPT tokens and become part of our project! You can do it on the Emirex exchange.
AMPLIFY is a high-tech project in a high-demand field. We are constantly developing and improving, attracting new partners and working so that AMPLIFY could efficiently solve the problem it was designed to solve.
🔵 What you need to know about AMPT tokens:
🔹 Project Name: AMPLIFY
🔹 Token Symbol: AMPT
🔹 1 Round - soft cap: $100,000 (1,000,000 AMPT)
🔹 Token price: 0.100000 USDT
🔺 You can buy AMPT at the following link: https://emirex.com/investments/sfc/7
DeFi Digest: Main Stories This Week
📅 04.01.2021 - 10.01.2021
AMPLIFY continues publishing a weekly DeFi news digest. Over the past week a lot has happened, for example, the DeFi ecosystem’s total value locked (TVL) is over $22B currently, more than $8B higher than it was just one week ago. Never has a $100B TVL and beyond seemed so realistic than it does today!
As for DeFi’s top projects this week we still have borrowing and lending protocol Maker leading the pack, and it’s notably the first protocol to break the $4B TVL milestone.
🔲 Over the past week has been rife with DeFi news:
✅ Collateralized Stable Yield Credit
Yearn creator Andre Cronje unveils the 3rd iteration of Stable Credit, a credit line DeFi project that’s nearing its 2nd audit and thereafter launching.
✅ New COVER Token Launch
DeFi insurance project Cover Protol launches its claims portal and details how users affected in its recent economic attack can claim new COVER tokens.
✅ Announcing Futureswap V2 Beta
DeFi perpetuals project Futureswap explains the new features of its coming V2 system, like the FST governance token and the Oracle Relayer Network (ORN).
✅ Loopring to Launch AMM Liquidity Mining on L2
To incentivize liquidity providers, Loopring launches a liquidity mining campaign on its layer-two Loopring Exchange v2 system.
✅ Alpha Homora V2 Is Coming to Town
DeFi leverage protocol Alpha Homora announces its V2 upgrade will be rolled out in Jan. 2020.
✅ Umbrella Internal Alpha
Yam Finance explains how it’s begun internally testing Umbrella protocol, a DeFi service for straightforward “factory-based” pool creations.
The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.
📅 04.01.2021 - 10.01.2021
AMPLIFY continues publishing a weekly DeFi news digest. Over the past week a lot has happened, for example, the DeFi ecosystem’s total value locked (TVL) is over $22B currently, more than $8B higher than it was just one week ago. Never has a $100B TVL and beyond seemed so realistic than it does today!
As for DeFi’s top projects this week we still have borrowing and lending protocol Maker leading the pack, and it’s notably the first protocol to break the $4B TVL milestone.
🔲 Over the past week has been rife with DeFi news:
✅ Collateralized Stable Yield Credit
Yearn creator Andre Cronje unveils the 3rd iteration of Stable Credit, a credit line DeFi project that’s nearing its 2nd audit and thereafter launching.
✅ New COVER Token Launch
DeFi insurance project Cover Protol launches its claims portal and details how users affected in its recent economic attack can claim new COVER tokens.
✅ Announcing Futureswap V2 Beta
DeFi perpetuals project Futureswap explains the new features of its coming V2 system, like the FST governance token and the Oracle Relayer Network (ORN).
✅ Loopring to Launch AMM Liquidity Mining on L2
To incentivize liquidity providers, Loopring launches a liquidity mining campaign on its layer-two Loopring Exchange v2 system.
✅ Alpha Homora V2 Is Coming to Town
DeFi leverage protocol Alpha Homora announces its V2 upgrade will be rolled out in Jan. 2020.
✅ Umbrella Internal Alpha
Yam Finance explains how it’s begun internally testing Umbrella protocol, a DeFi service for straightforward “factory-based” pool creations.
The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.
DeFi and Ethereum 2021: Forecast
Early this year different experts would chime in with their forecasts for the DeFi market development, however, it is now apparent that all of them have underestimated the capabilities of the Ethereum ecosystem. In 2021, ETH and DeFi will continue their rise, and below we have outlined a few predictions that might come true this year:
🔘 Uniswap will reach $10 billion
In 2020, the platform became the biggest DeFi decentralized application with a total value locked of more than $2.6 billion US. In 2021 the project’s TVL might grow several times. By the way, if Uniswap spikes, Ethereum price will also be affected.
🔘 ETH mining will be officially cancelled
Originally, the Ethereum blockchain used proof-of-work (PoW) mining to grow. In 2021, however, Ethereum should enter the 1.5 phase, when the ETH1 chain will be vaulted as part of the ETH2 Beacon Chain. This is when Ethereum mining will officially cease.
🔘 5% of BTC will be wrapped on the Ethereum network
Tokenizing Bitcoin on the Ethereum blockchain is in — wBTC, renBTC, tBTC, HBTC and so on, choose to your heart’s content. Last year, lots of users turned to ERC-20-based tokens of BTC to be able to enjoy profits from DeFi. The influx of new users has led to the situation where some ~1% of Bitcoin supply exists in Ethereum tokens. This is only the beginning of this trend. In 2021 we might see as much as 5% of the entire BTC supply being tokenized on the Ethereum blockchain.
🔘 Multi-chain project trends will stay
Ethereum is the dominating financial system in crypto, and it will keep this status in the near future. With that said, we can now see more and more multi-chain projects popping up that create and utilize these hybrid infrastructures.
We will continue sharing the latest news about AMPLIFY and the rest of the market in the year of 2021. Let’s stay connected!
Early this year different experts would chime in with their forecasts for the DeFi market development, however, it is now apparent that all of them have underestimated the capabilities of the Ethereum ecosystem. In 2021, ETH and DeFi will continue their rise, and below we have outlined a few predictions that might come true this year:
🔘 Uniswap will reach $10 billion
In 2020, the platform became the biggest DeFi decentralized application with a total value locked of more than $2.6 billion US. In 2021 the project’s TVL might grow several times. By the way, if Uniswap spikes, Ethereum price will also be affected.
🔘 ETH mining will be officially cancelled
Originally, the Ethereum blockchain used proof-of-work (PoW) mining to grow. In 2021, however, Ethereum should enter the 1.5 phase, when the ETH1 chain will be vaulted as part of the ETH2 Beacon Chain. This is when Ethereum mining will officially cease.
🔘 5% of BTC will be wrapped on the Ethereum network
Tokenizing Bitcoin on the Ethereum blockchain is in — wBTC, renBTC, tBTC, HBTC and so on, choose to your heart’s content. Last year, lots of users turned to ERC-20-based tokens of BTC to be able to enjoy profits from DeFi. The influx of new users has led to the situation where some ~1% of Bitcoin supply exists in Ethereum tokens. This is only the beginning of this trend. In 2021 we might see as much as 5% of the entire BTC supply being tokenized on the Ethereum blockchain.
🔘 Multi-chain project trends will stay
Ethereum is the dominating financial system in crypto, and it will keep this status in the near future. With that said, we can now see more and more multi-chain projects popping up that create and utilize these hybrid infrastructures.
We will continue sharing the latest news about AMPLIFY and the rest of the market in the year of 2021. Let’s stay connected!
Where To Buy AMPT Tokens?
We would like to remind you that right now you can become part of our project and purchase AMPT tokens on the Emirex exchange!
🟢 Why is it important to do?
AMPLIFY is a DeFi project. AMPT token holders will have the ability to not only steer the further development of the project, but also get dividends!
AMPLIFY is a high-tech project in a high-demand field. We are constantly developing and improving, attracting new partners and working so that AMPLIFY could efficiently solve the problem it was designed to solve.
We count on the proper execution of the project to drive the price of AMPT up! This is the reason it is beneficial to acquire our tokens now!
➡️ You can do it on Emirex: https://emirex.com/investments/sfc/7
🕐 Sale is running until 15 January 2021!
💰 Currently the price of the token is just 0.1 USDT, and you still have the chance to buy it on the best possible terms!
Hi there. I am a member of Emirex Exchange. I check your sale and I saw it's progress is only 2% so far. I think if you do a little bit more marketing and promos. you could easily reach the max mark. because IEOs are mostly sucessful if they are done in good exchanges. and Emirex has been a good exchange so far.We would like to remind you that right now you can become part of our project and purchase AMPT tokens on the Emirex exchange!
🟢 Why is it important to do?
AMPLIFY is a DeFi project. AMPT token holders will have the ability to not only steer the further development of the project, but also get dividends!
AMPLIFY is a high-tech project in a high-demand field. We are constantly developing and improving, attracting new partners and working so that AMPLIFY could efficiently solve the problem it was designed to solve.
We count on the proper execution of the project to drive the price of AMPT up! This is the reason it is beneficial to acquire our tokens now!
➡️ You can do it on Emirex: https://emirex.com/investments/sfc/7
🕐 Sale is running until 15 January 2021!
💰 Currently the price of the token is just 0.1 USDT, and you still have the chance to buy it on the best possible terms!
I have been working in crypto space since 2016. I have worked with several projects helped them raised mililons of dollars..
shoot me a PM there to discuss a effective and affordable collaboration: my TG ID: @atrizbtc
you can also check my bitcointalk portfolio: https://bitcointalksearch.org/topic/atrizs-bounty-and-signature-campaign-managment-services-available-2232934
AMPLIFY is going to solve modern problems
2020 has come to an end, but what to expect from 2021? Business analysts predict that it won’t be easy: the financial sector, and, in turn, businesses, will continue to struggle. What kind of problems are they facing?
🔸 A huge portion of the supply chain cannot get credit. Financial institutions hardly grant credit down the value chain (2nd and 3rd level suppliers). If non-core enterprises get credit, the costs associated with the grant are too high;
🔸 It is difficult to verify the authenticity of trading transactions;
🔸 Fees and interest on loans have increased;
Companies are forced to get and pay back loans on the least favourable terms. Traditional financial institutions model is very centralized, and this has led to rampant bureaucracy. But AMPLIFY has a solution — making loans accessible and favourable for businesses is the goal that we’re aiming for!
2020 has come to an end, but what to expect from 2021? Business analysts predict that it won’t be easy: the financial sector, and, in turn, businesses, will continue to struggle. What kind of problems are they facing?
🔸 A huge portion of the supply chain cannot get credit. Financial institutions hardly grant credit down the value chain (2nd and 3rd level suppliers). If non-core enterprises get credit, the costs associated with the grant are too high;
🔸 It is difficult to verify the authenticity of trading transactions;
🔸 Fees and interest on loans have increased;
Companies are forced to get and pay back loans on the least favourable terms. Traditional financial institutions model is very centralized, and this has led to rampant bureaucracy. But AMPLIFY has a solution — making loans accessible and favourable for businesses is the goal that we’re aiming for!
Where To Buy AMPT Tokens?
We would like to remind you that right now you can become part of our project and purchase AMPT tokens on the Emirex exchange!
🟢 Why is it important to do?
AMPLIFY is a DeFi project. AMPT token holders will have the ability to not only steer the further development of the project, but also get dividends!
AMPLIFY is a high-tech project in a high-demand field. We are constantly developing and improving, attracting new partners and working so that AMPLIFY could efficiently solve the problem it was designed to solve.
We count on the proper execution of the project to drive the price of AMPT up! This is the reason it is beneficial to acquire our tokens now!
➡️ You can do it on Emirex: https://emirex.com/investments/sfc/7
🕐 Sale is running until 15 January 2021!
💰 Currently the price of the token is just 0.1 USDT, and you still have the chance to buy it on the best possible terms!
We would like to remind you that right now you can become part of our project and purchase AMPT tokens on the Emirex exchange!
🟢 Why is it important to do?
AMPLIFY is a DeFi project. AMPT token holders will have the ability to not only steer the further development of the project, but also get dividends!
AMPLIFY is a high-tech project in a high-demand field. We are constantly developing and improving, attracting new partners and working so that AMPLIFY could efficiently solve the problem it was designed to solve.
We count on the proper execution of the project to drive the price of AMPT up! This is the reason it is beneficial to acquire our tokens now!
➡️ You can do it on Emirex: https://emirex.com/investments/sfc/7
🕐 Sale is running until 15 January 2021!
💰 Currently the price of the token is just 0.1 USDT, and you still have the chance to buy it on the best possible terms!
Why everyone should take Bitcoin seriously
Over the past few days Bitcoin has delighted us with an unprecedented rise: the coin has topped its ATH several times on its way to its current one of $28000, and at the time of writing is trading at 🚀 $31700. We believe this is the best proof that it is time to take BTC seriously.
💎 What actually is Bitcoin?
It is a decentralised version of money in the same way that the internet is the decentralised version of information. It was the first form of electronic money that does not require a central entity to validate transactions. One of the main differences between BTC and all other forms of digital money that ever existed is that you don’t have to trust a third party to use it. All transactions on the BTC networks are fully transparent and traceable.
💎 How does it do this?
Instead of having a centralised database which one party (such as a bank) controls, the members of the network collectively validate the transactions and therefore check that the same money isn’t being spent twice. Disagreements are resolved by majority vote — if more than 50% of the computing power of the network validates a transaction, then it is entered into the distributed database (this consensus mechanism is called ‘proof of work’).
💎 Bitcoin as a store of value
If in October 2009 you bought just $5.02 worth of Bitcoin, which is 5,050 BTC, today you would be a dollar millionaire! A profit of millions of percent in just 11 years is not bad, is it? However, Bitcoin remains a great store of value and profitable instrument, since it historically had these three characteristics:
🔹 Store of value — something is a good store of value if it keeps its value over time.
🔹 Medium of exchange — this is the key quality of money, being able to trade it easily for other goods and services.
🔹 Unit of account — when a form of money is both seen as a store of value, and is widely used as a medium of exchange, it becomes a unit of account.
💎 Why will Bitcoin continue growing?
Bitcoin is the first cryptocurrency that gets more and more fans and followers each day. People value the opportunities it provides: anonymity, freedom, transaction speed, independence from government…
In the modern world where currencies are constantly losing value because of political decisions and inflation, where governments reserve the right to freeze accounts and cut off certain individuals from accessing their own finances, Bitcoin enables them all of the freedom without having to trust anyone. And if our collective belief in the value of government money is dented, Bitcoin with its dominant network, its fixed supply, its almost infinite divisibility (the smallest possible unit is called a satoshi — 1/100 millionth of a Bitcoin) and its portability is a possible alternative. How much would one bitcoin be worth in this scenario? Well, certainly a lot more than it is now.
Over the past few days Bitcoin has delighted us with an unprecedented rise: the coin has topped its ATH several times on its way to its current one of $28000, and at the time of writing is trading at 🚀 $31700. We believe this is the best proof that it is time to take BTC seriously.
💎 What actually is Bitcoin?
It is a decentralised version of money in the same way that the internet is the decentralised version of information. It was the first form of electronic money that does not require a central entity to validate transactions. One of the main differences between BTC and all other forms of digital money that ever existed is that you don’t have to trust a third party to use it. All transactions on the BTC networks are fully transparent and traceable.
💎 How does it do this?
Instead of having a centralised database which one party (such as a bank) controls, the members of the network collectively validate the transactions and therefore check that the same money isn’t being spent twice. Disagreements are resolved by majority vote — if more than 50% of the computing power of the network validates a transaction, then it is entered into the distributed database (this consensus mechanism is called ‘proof of work’).
💎 Bitcoin as a store of value
If in October 2009 you bought just $5.02 worth of Bitcoin, which is 5,050 BTC, today you would be a dollar millionaire! A profit of millions of percent in just 11 years is not bad, is it? However, Bitcoin remains a great store of value and profitable instrument, since it historically had these three characteristics:
🔹 Store of value — something is a good store of value if it keeps its value over time.
🔹 Medium of exchange — this is the key quality of money, being able to trade it easily for other goods and services.
🔹 Unit of account — when a form of money is both seen as a store of value, and is widely used as a medium of exchange, it becomes a unit of account.
💎 Why will Bitcoin continue growing?
Bitcoin is the first cryptocurrency that gets more and more fans and followers each day. People value the opportunities it provides: anonymity, freedom, transaction speed, independence from government…
In the modern world where currencies are constantly losing value because of political decisions and inflation, where governments reserve the right to freeze accounts and cut off certain individuals from accessing their own finances, Bitcoin enables them all of the freedom without having to trust anyone. And if our collective belief in the value of government money is dented, Bitcoin with its dominant network, its fixed supply, its almost infinite divisibility (the smallest possible unit is called a satoshi — 1/100 millionth of a Bitcoin) and its portability is a possible alternative. How much would one bitcoin be worth in this scenario? Well, certainly a lot more than it is now.
Merry Christmas and Happy New Year!
🎀 AMPLIFY wishes you Merry Christmas and Happy New Year. May the profit be with you, our dear most beloved users!
🎊 Next year we all have a tremendous number of pleasant surprises and news that you won’t miss if you follow us on our official site, social network pages and messengers.
🎉 Best regards! Merry Christmas and Happy New Year!
🎀 AMPLIFY wishes you Merry Christmas and Happy New Year. May the profit be with you, our dear most beloved users!
🎊 Next year we all have a tremendous number of pleasant surprises and news that you won’t miss if you follow us on our official site, social network pages and messengers.
🎉 Best regards! Merry Christmas and Happy New Year!
what is your token smart contract address?
DeFi Digest: Main Stories This Week
AMPLIFY is a DeFi project, and we are holding our ears to the ground to never miss a trend in the DeFi industry. Today we have gathered all the main stories from the field of DeFi over the past week and analyzed a few trends.
After hitting $16B just last week, DeFi’s TVL has since declined as much as 15% to its current position of $13.43B due to the DeFi Pulse's new Bitcoin at Work page, which now tracks Bitcoin locked in DeFi as a separate metric from DeFi TVL.
In any case, the round psychological milestone of $20B by year’s end now seems out of reach. Either way, we can’t just glance over the fact that the total growth of the DeFi ecosystem in 2020 has been nothing short of phenomenal. The space’s current +$13B TVL is extremely impressive considering how that metric only crossed $1B for the first time back in February!
🟢 Over the past week has been rife with DeFi news:
✅ 1inch Token Is Released
DEX aggregator project 1inch.exhange launches its 1INCH governance token via a community airdrop. Reminiscent of how Uniswap released UNI a few months ago, 1inch’s 1INCH distribution just rewarded the DEX aggregator’s past users in a big way. The project followed up the launch with a new liquidity mining campaign.
✅ pNetwork Dawn - Introducing pNetwork Nodes
Cross-chain DeFi composability protocol pNetwork unveils pNetwork Dawn, a network of node operators powering the project’s cross-chain infrastructure.
✅ Opium Token Economics
Decentralized derivatives protocol Opium breaks down the ins and outs of its new OPIUM governance token.
✅ Farm Curve’s New Aave V2 aTokens Pool
You love to see when one respected protocol builds services around the infrastructure of another respected protocol. Curve gave us just such an example this week in unveiling its newest pool, which centers around Aave’s aTokens.
The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.
AMPLIFY is a DeFi project, and we are holding our ears to the ground to never miss a trend in the DeFi industry. Today we have gathered all the main stories from the field of DeFi over the past week and analyzed a few trends.
After hitting $16B just last week, DeFi’s TVL has since declined as much as 15% to its current position of $13.43B due to the DeFi Pulse's new Bitcoin at Work page, which now tracks Bitcoin locked in DeFi as a separate metric from DeFi TVL.
In any case, the round psychological milestone of $20B by year’s end now seems out of reach. Either way, we can’t just glance over the fact that the total growth of the DeFi ecosystem in 2020 has been nothing short of phenomenal. The space’s current +$13B TVL is extremely impressive considering how that metric only crossed $1B for the first time back in February!
🟢 Over the past week has been rife with DeFi news:
✅ 1inch Token Is Released
DEX aggregator project 1inch.exhange launches its 1INCH governance token via a community airdrop. Reminiscent of how Uniswap released UNI a few months ago, 1inch’s 1INCH distribution just rewarded the DEX aggregator’s past users in a big way. The project followed up the launch with a new liquidity mining campaign.
✅ pNetwork Dawn - Introducing pNetwork Nodes
Cross-chain DeFi composability protocol pNetwork unveils pNetwork Dawn, a network of node operators powering the project’s cross-chain infrastructure.
✅ Opium Token Economics
Decentralized derivatives protocol Opium breaks down the ins and outs of its new OPIUM governance token.
✅ Farm Curve’s New Aave V2 aTokens Pool
You love to see when one respected protocol builds services around the infrastructure of another respected protocol. Curve gave us just such an example this week in unveiling its newest pool, which centers around Aave’s aTokens.
The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.
