Glossary

LLT Token: The governance token of Amplified Protocol, used for voting on protocol decisions and earning staking rewards.

APY (Annual Percentage Yield): The estimated annual rate of return on an investment, taking into account the compounding effects of reinvested rewards.

DeFi (Decentralized Finance): A financial ecosystem built on blockchain technology, enabling permissionless access to financial services like lending, borrowing, and trading.

ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transaction fees and interacting with smart contracts.

LST (Liquid Staking Token): A tokenized representation of staked assets on Proof-of-Stake blockchains, allowing users to earn staking rewards while maintaining liquidity.

Smart Contract: A self-executing contract with the terms of the agreement directly written into code, stored and executed on a blockchain.

Super Vault: Amplified's core smart contract that manages user deposits, implements LST strategies, and aggregates yields.

Yield Farming: The practice of utilizing DeFi protocols to maximize returns on cryptocurrency holdings by lending, staking, or providing liquidity.