Amply Finance
  • Introduction to Amply
    • What is Amply Finance?
    • Why Amply Finance?
    • How does Amply Finance Work?
  • Tokenomics
    • Tokenomics Details
    • preAMP Conversion Scheme
    • AMPLY Token Offering
  • Using Amply Finance
    • How to use Amply Finance
    • Supplying Tokens
    • Borrowing Assets
    • Repaying Loans
    • Withdrawing Assets
    • Claiming $AMPLY Rewards
    • Staking AMPLY
      • Withdrawing AMPLY
      • Upgrade AMPLY
      • Claim AMPLY rewards
    • Converting preAMP to AMPLY
    • Claiming vETH and vUSD Rewards
  • Efficiency Mode
    • Activating eMode
    • Using Collateral and Borrowing Tokens in eMode
    • Repaying Debt and Withdrawing Collateral in eMode
    • Deactivating eMode
  • Interest Rate Model
    • Borrow interest rate
    • Supply rate
  • Health Factor and Loan-to-Value Ratio (LTV)
  • Liquidations
    • Liquidation Simulator
  • Yield Opportunity
  • Yield Matrix
    • Using the Yield Matrix
  • Asset Listings and Risk Management
    • Asset Listing Criteria
    • Supported Assets and Parameters
  • Information
    • Smart Contract Addresses
    • Paymaster
    • Amply Finance Terminology
    • Contact Us
    • Brand Assets
    • Audits
    • Risk Disclosure
    • AMA Transcript
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  1. Introduction to Amply

How does Amply Finance Work?

Lending and Borrowing Made Easy

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Last updated 6 months ago

Amply Finance operates as a decentralized lending platform where users can lend and borrow cryptocurrencies:

: Contribute your cryptocurrencies to our lending pools. In return, you receive interest paid by borrowers.

: Use your deposited crypto as collateral to borrow other cryptocurrencies. The amount you can borrow depends on the risk level of your chosen collateral and the maximum loan-to-value (LTV) ratio.

: Repay your borrowed cryptocurrencies along with any accrued interest to close your loan position.

: Withdraw your deposited crypto assets from the lending pools at any time.

Ready to explore the world of DeFi? Let's dive into how you can harness the power of Amply Finance.

Supplying Assets
Borrowing Assets
Repaying Loans
Withdrawing Assets