Kruys-Collins
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    Snapshot of Amnis Finance

    Overview Stats and Total Value Locked
    amAPT Stats
    amAPT (Amnis Aptos coin) acts as a stablecoin loosely pegged to APT, so that 1 amAPT always represents 1 APT and the amount of amAPT in circulation matches the amount of APT in the Amnis Finance. When APT is sent to the Amnis Finance, an equivalent amount of amAPT is minted. After being minted it can be staked as stAPT or can be used in other Aptos ecosystem to earn yield through lending, as collateral or others
    stAPT
    stAPT (Amnis Staked Aptos coin) is a vault designed to accrue the staking yield of the Amnis APT validators. At any time, amAPT can be exchanged for stAPT by depositing it into the stAPT vault, which allows users to earn staking yield on their amAPT. Over time, as validators accrue staking yield, an equivalent amount of amAPT is minted and added to the vault, allowing users to redeem their stAPT for a greater amount of amAPT than they deposited.
    db-image-image-PySD
    References

    Credits to 0xHAM-d, as i took some inspiration (not code) from studying his [Amnis dashboard](Amnis Finance || Aptos Staking | 0xHaM-d | Flipside)

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.