Converting preAMP to AMPLY
Last updated
Last updated
Your 1 $preAMP will be converted to 1 $AMPLY. This conversion is subject to a Vesting schedule detailed here.
You have 2 options for your converted $AMPLY:
Stake $AMPLY to a 3 month vault, or
Claim your unlocked tokens to wallet,
Here's a step-by-step guide:
Navigate to the Claim $AMPLY page. You will be prompted 2 options:
Option A: Stake to vault
Option B: Claim unlocked tokens to wallet
Option A: If you want to stake $AMPLY to vault, you can follow the below steps
Click “Stake in 3 Month Vault”
You can ONLY choose a 3 month duration
Click “Confirm” once you have checked and confirm the transaction details
Key points:
Staking offers the highest potential yield at the end of 3 months. You are likely to have earned more extra $AMPLY from staking it, than by waiting for the vesting period to end
All available $AMPLY, including the locked amounts, are eligible to be staked immediately
If you wish to stake your $AMPLY for longer, you can upgrade the maturity on the AMPLY page
Option B: If you choose to claim unlocked tokens to your wallet, you can follow the below steps
Click “Claim in wallet”
You will be shown amount of $AMPLY to be claimed
Click “Confirm” once you have checked details of claim
At any one time, you can choose to stake the remaining locked $AMPLY into a 3 month vault