❓FAQ

What is Amplified Protocol?

Amplified is a DeFi protocol that simplifies LST investments by aggregating multiple LST pools into a single Super Vault, optimizing yields, and automating the management process for users.

What makes Amplified different from other LST platforms or yield aggregators?

Amplified offers several key advantages:

• LST Specialization: We focus exclusively on LSTs, curating the best-performing and most secure pools across the DeFi ecosystem.

• Advanced Yield Optimization: Our proprietary strategies utilize real-time data and risk management to maximize your returns while minimizing potential losses.

• User-Friendly Experience: Whether you're new to DeFi or a seasoned investor, our platform is designed for ease of use and accessibility.

• Security & Transparency: We prioritize security audits, on-chain transparency, and community governance to foster trust and accountability.

How do I get started with Amplified?

Connect your Ethereum wallet, deposit ETH into the Super Vault, and start earning passive income from our diversified LST strategies.

What is the Super Vault?

The Super Vault is a smart contract that manages user deposits, allocates funds across LST strategies, and aggregates yields.

How are LST strategies chosen and implemented?

Strategies are proposed and voted on by veLLT (staked LLT) token holders through the governance process, ensuring community oversight and transparency.

Is there a minimum amount of ETH I need to deposit?

While there isn't a strict minimum ETH deposit, gas fees on the Ethereum network can make smaller deposits less cost-effective. We recommend considering gas fees when determining your initial deposit amount.

What happens to my ETH when I deposit it into Amplified?

When you deposit ETH, the Super Vault uses it to acquire LSTs from different protocols. These LSTs are then strategically allocated across our yield-generating strategies to maximize your returns.

How often are yields generated and distributed?

Yields are harvested frequently, and the rewards are automatically compounded back into the Super Vault. This compounding effect amplifies your earnings over time without requiring any manual actions from you.

Can I withdraw my ETH at any time?

You have full control over your funds. While there are no general withdrawal delays, certain LST strategies might have temporary lock-up periods. These periods, along with any applicable fees, will be clearly communicated before you invest.

What is the role of the Amplified DAO?

The Amplified DAO, governed by veLLT (staked LLT) token holders, makes crucial decisions regarding protocol upgrades, new feature implementations, fee structures, and treasury management.

How can I participate in governance?

Acquire LLT tokens, stake them to gain voting power, and participate in on-chain voting for active governance proposals.

What is the LLT token used for?

LLT is the governance token of Amplified Protocol, granting holders voting rights on protocol upgrades, strategy parameters, and other key decisions.

What are the risks associated with using Amplified?

While Amplified prioritizes security, DeFi investments carry inherent risks, including smart contract vulnerabilities and market volatility.

Has Amplified been audited by reputable security firms?

Yes, security is our top priority. We have completed multiple audits from leading security firms. Additionally, we maintain a bug bounty program to incentivize the discovery and responsible disclosure of any potential vulnerabilities.

What happens if a vulnerability is found in the Amplified protocol?

We have a detailed security response plan in place. If a vulnerability is discovered, we will immediately pause the protocol, communicate transparently with the community, and work to deploy a fix. User funds are always our top concern, and we'll take all necessary steps to ensure their protection.