Introduction

$AMPLOL is the LEVERAGED 3Jane points mechanism, allowing users to get up to 200x in leveraged yield exposure to $3JANE.

How does it work?

The earlier you deposit into a vault, the higher your $AMPLOL leverage ratio. This is because the amount of $AMPLOL earned is based on the ratio between TVL now / TVL at deposit time. So, the smaller the TVL at deposit, the larger your leverage (TVL t1 / TVL t0).

AMPLOLearned=8888×ETH deposited×TVLt1TVLt0\text{AMPLOL}_{\text{earned}} = 8888\times \text{ETH deposited} \times \frac{\text{TVL}_{t1}}{\text{TVL}_{t0}}

Example #1

  1. Jane1 deposits 1 ETH at a TVL of $1M.

  2. She is instantly minted 8888 * 1 ETH * $1M / $1M = 8888 $AMPLOL.

  3. After a week, the TVL jumps to $100M. $AMPLOL earned = 8888 * 1 ETH * $100M / $1M = 888,800 $AMPLOL.

  4. Jane1 made a 100x on her AMPLOL earned in 1 week.

Example #2

  1. Jane2 deposits 1 ETH at a TVL of $5M.

  2. She is instantly minted 8888 * 1 ETH * $5M / $5M = 8888 $AMPLOL.

  3. After a week, the TVL jumps to $100M. $AMPLOL earned = 8888 * 1 ETH * $100M / $5M = 177,760 $AMPLOL.

  4. Jane2 made a 20x on her AMPLOL earned in 1 week.

As you can see, Jane1 earned 5x $AMPLOL as Jane2 with the same 1 ETH deposit. Through this tvl-based mechanism, early depositors are rewarded the most by taking part in the leveraged TVL upside.

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