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Amphor

Amphor  

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DeFi

General Info

Funds and Backers

Description

Amphor is an EVM-based yield aggregator for LSDfi ecosystem.

What is Amphor?

Amphor is an EVM-based yield aggregator designed for the decentralized finance (DeFi) ecosystem. It enables users to access competitive and evolving DeFi yield strategies with minimal management effort. Launched initially on Ethereum, Amphor utilizes ERC-4626 standards to enhance compatibility with various DeFi protocols and yield-bearing assets.

What Are the Key Features of Amphor?

  • Yield Aggregation: Amphor optimizes asset allocation across multiple DeFi protocols to maximize yield.

  • Boosted ETH Vault: This vault automatically rebalances wETH to maximize returns.

  • Symbiotic LRT Vault: Focused on Symbiotic infrastructure for maximizing rewards.

  • Governance: Amphor is managed by a decentralized autonomous organization (DAO) for community-driven decisions.

  • Security: Third-party audits and continuous monitoring ensure robust security.

How Does Amphor Work?

Users deposit assets into Amphor Vaults, which mint LP tokens representing their share of the vault's assets. These tokens can be transferred or used within the broader DeFi ecosystem. The deposited assets are allocated across DeFi protocols, with generated yields and rewards redistributed to depositors. Withdrawals are calculated based on the value of underlying assets in the vaults at the time of withdrawal.

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