🔓 Liquid Staking & Restaking: APT Yield Without Lockups Part 1-AmnisFinance

:droplet: Amnis Finance operates with $183 million in TVL through a dual-token system that separates liquidity from yield accrual.
Users can mint amAPT using their APT at a 1:1 ratio, then stake amAPT for stAPT to earn an APR of approximately 7.2%. :chart_increasing:

The protocol’s structure creates different utility for each token. amAPT acts as a liquid APT derivative that maintains its peg through deep liquidity pools and can be used across Aptos DeFi for lending, LP provision, and yield farming. stAPT, on the other hand, serves as the yield-bearing vault. It earns 100% of its validator rewards plus 80% of amAPT’s validator rewards, with the remaining 20% directed to Amnis’ treasury.

This mechanism allows stAPT to capture additional yield from the broader amAPT supply beyond standard staking returns. Users can exit positions instantly through amAPT/APT liquidity pools, avoiding the standard 14-day unstaking period, while stAPT holders earn the enhanced 7.2% APR through the protocol’s validator reward allocation system.

X: https://x.com/0xAzin/status/1957387849948406231

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Are there any risks of peg instability between APT and amAPT if liquidity dries up in pools during volatile market conditions?

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