AmpliFi Launches DeFi Dividend | The Shoreline Beacon

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Zug, Switzerland–(Newsfile Corp. – September 20, 2022) – AmpliFi gladly announces the launch of the world’s first crypto dividend application and invites the public to come try it out. AmpliFi seeks to make a mark in the industry by providing sustained returns over time; especially as it has an external revenue source. 

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AmpliFi logo

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AmpliFi is a decentralized finance (DeFi) project built on the Ethereum blockchain by co-founders Jordan Tappan and Christopher Silk. This technology is built around eliminating third parties, like banks, in the financial industry. The goal of DeFi has always been to eliminate fees from traditional banks; create options to keep assets in blockchain wallets; and of course speedy transactions.

Facts About How it Works

Below is how the project works especially for holders and DeFi enthusiasts:

Staking

The simplest way crypto newbies can leverage crypto is by joining the Staking Pool. To buy any number of tokens, one has to press a button called “Stake” on the website or Dapp to place them into a yield-bearing account, similar to a savings account with the person’s bank, albeit at much higher rates.

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For perspective, while the national average for U.S. savings accounts earn .06%, AmpliFi’s Staking Pool earns up to 38% per year, approximately a 6,300% increase. 

Creating Amplifiers

Creating an Amplifier unlocks the opportunity to support protocol efforts in a more intimate way. In return, holders get triple-digit APY on the…