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The AMPL project is distinguished not only by its high standard and very interesting tokenomics but also by a rather powerful incentive it deploys to encourage users to keep their funds in liquidity pools on decentralized exchanges. With the help of Geyser, the AMPL project does not bother with providing liquidity pools with liquidity on exchanges such as Uniswap or Mooniswap.
How does it work?
There is a Geyser section on the AMPL project platform that states that for staking liquidity pool tokens, a user can receive additional profit. Thus, the user must go to the decentralized exchange and enter the liquidity pool with an AMPL specific token pair.
After the funds are deposited (for example on Uniswap), the user receives liquidity pool tokens which represent confirmation that they really have a share in a certain pool. A user can then exchange LP tokens for their assets at any time. They must stake these LP tokens on the AMPL Geyser platform. Thus, depending on the pair of a liquidity pool, the user receives APY from 28% to 78%. It’s a good amount, taking into account the main earnings for providing funds for a Mooniswap or Uniswap liquidity pool.
Another way to increase income on Geyser
In addition, there is another opportunity for users to increase their income by keeping their tokens in the pool for 60 days.The timer begins on the first day of staking and the multiplier (the default value of which is 1) starts to gradually increase until it reaches 3, after 60 days.
This means that payments for staking liquidity pool tokens will triple. For example, if after 60 days another person enters the same pool and contributes the same amount of liquidity as the user that did this 60 days earlier, then the second user receives 3 times more profit. If the income from staking LP tokens and the income on the Uniswap exchange itself is unstable, then the multiplier will always multiply any APY indicator by 3 on Geyser.
Also, with the help of this technology, a project can promote its tokens if it has its own ecosystem, increasing the trading volumes on exchanges and getting the opportunity to reduce the cost of market-making.
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