preAMP Conversion Scheme

$preAMP will be converted to $AMPLY over a 3 month period.

The first 10% will be immediately unlocked at time of conversion, followed by a 1 month freeze. After this freeze period, there will be a 2 month period where an equal amount of $AMPLY will be unlocked every day.

For example, let’s assume you have 1000 $AMPLY. Using 6 Nov as the conversion date:

On 6 Nov:

• 10% of your $AMPLY (100 tokens) is unlocked upfront which can be claimed to your wallet, OR

• 100% of your $AMPLY (1000 tokens) can be staked for 3 months

From 6 Nov - 6 Dec:

• No additional tokens will be unlocked during this period.

• During this time, you may choose to stake the remaining $AMPLY for 3 months in order to earn extra yield while waiting for the tokens to unlock.

From 6 Dec - 6 Feb:

• An equal amount of $AMPLY will be unlocked daily during these 2 months.

• If you choose not to stake your $AMPLY, you can instead withdraw them as they unlock.

From 6 Feb - 6 Mar:

• On 6 Feb, all of your $AMPLY will be unlocked and can be fully withdrawn

• You need to claim all $AMPLY by the claim deadline of 6 March (1 month after Full unlock). All unclaimed AMPLY after the claim deadline will be forfeited