Amnis Finance Joins Aptos Foundation's LFM Program, Boosting Liquidity for 417,000 Stakers

Amnis Finance, the largest liquid staking protocol on the Aptos blockchain, has announced its participation in the Aptos Foundation’s LFM program, marking a significant milestone in its development. The LFM program, launched earlier this year, is designed to support leading Aptos-native projects in their Token Generation Event (TGE) preparations. Amnis Finance's involvement in this program underscores its commitment to enhancing liquidity and governance for its rapidly expanding user base, which now exceeds 417,000 stakers.

Amnis Finance has leveraged the extensive resources, mentorship, and strategic support provided by the LFM program to drive its growth and maturation. This collaboration highlights the Aptos Foundation’s dedication to fostering innovation and empowering projects within the Aptos ecosystem. Ash Pampati, Head of Ecosystem at Aptos Foundation, emphasized the importance of Amnis Finance’s liquid staking protocol, stating that its upcoming TGE is a testament to the protocol’s significant maturation since its launch on the mainnet.

As part of its TGE, Amnis Finance is focused on building a vibrant community where users can participate in various campaigns designed to reward early adopters. These campaigns include governance opportunities that allow users to influence key decisions regarding the protocol’s future. Additionally, users will have the chance to earn rewards and enhance their staking benefits. ByBit and MEXC, two leading cryptocurrency exchanges, have made the AMI token available to their users, increasing the token’s visibility and accessibility and providing a robust platform for engaging a diverse range of stakeholders.

The LFM initiative will continue to support high-growth projects in the Aptos ecosystem, offering hands-on guidance, tailored growth strategies, and access to an elite network of industry experts. In addition to Amnis Finance, the first cohort of the LFM program includes other leading Aptos-native DeFi projects such as Aries Markets, PACT Protocol, and Echo Protocol. These projects are poised to drive innovation and growth within the Aptos ecosystem, further solidifying its position as a leading blockchain platform.

Aptos-native projects interested in participating in the LFM program can apply today. Applications are reviewed on a rolling basis, with participating projects receiving customized support and mentorship from the Aptos Foundation team. This initiative aims to provide tailored solutions to each project, helping them become leading protocols within the Aptos ecosystem. The Aptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem, with the goal of bringing the benefits of decentralization to the masses.

Amnis Finance, as a pioneering liquidity-staking derivatives platform on Aptos, introduces a secure, user-friendly, and innovative liquid staking protocol. Its mission is to build a foundational pillar in the Aptos Ecosystem to drive credit expansion through APT staking. By leveraging the liquid staking of Aptos (APT) more effectively, Amnis Finance combines amAPT and stAPT into its ever-growing protocol and technical design, empowering users to maximize returns on their APT tokens while unlocking their liquidity.