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AmpliFi Announces Major Update Following Ethereum Merger

Zug, Switzerland–(Newsfile Corp. – September 11, 2022) – AmpliFi (#AMPLIFI), led by co-founder Christopher Silk and Jordan Tappan, announces that it is leveraging Ethereum’s shift from proof-of-work to proof of stake and monetize it. The first-of-its-kind “decentralized crypto annuity” uses trade fees and platform fees to accumulate Ethereum validators, with the goal of eventually becoming the largest validator of all major blockchains.

(Amplify the logo)

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#AMPLIFI is not like other cryptos on the market today. According to Tappan, failed “passive income” projects have used “ponzinomics” (pyramid schemes) to induce holders to buy more tokens, generating revenue for the projects’ developers and leaving holders hanging out to dry when the house of cards collapsed. AmplFi, however, is different. Tappan, who goes by @chief_alch on Twitter, calls it the “Node Mountain”, referring to previous “node” cryptocurrencies designed to fail from the start.

The AmpliFi structure, however, tries to be completely different. It is an ERC-20 token based on the Ethereum network.

Ethereum miners, who are about to lose their passive income streams when Ethereum “merges” from using mining rigs (sophisticated computers specially designed to solve complex equations) to validators, who s rely on something called “proof of stake” and use far less electricity while helping the Ethereum network become more scalable as it grows.

AmpliFi’s mission is:

1) Run validators.

2) Use trading fees and platform fees to increase aggregate return.

3) distributing this yield to holders with an “amplifier” via a series of dividend trackers.

Amplifiers are AmpliFi’s non-tech solution to $ETH fusion, allowing individuals to join a “Fuse Pool” to earn $ETH and collect up to 3 $ETH yield streams per amplifier. By linking earnings through a yield-bearing external asset (e.g. Ethereum), AmpliFi’s native token (#AMPLIFI) is inherently valuable and forms almost a whole new type of asset class – one dedicated to monetizing efforts to modernize the largest network of smart contracts.

AmpliFi is looking to reduce fees for acquiring and selling tokens over the next few years, with the ultimate intention of relegating fees to the backend of the platform as they expand their protocol, adding new features DeFi to create what could one day become a massive DeFi ecosystem.

#AMPLIFI can be purchased with a credit card through their dapp (“Dapp” ​​or decentralized application is a specialized Web3 platform).

About AmpliFi

AmpliFi is a decentralized annuity that aims to provide perpetual returns to holders via $ETH validator dividends, as well as shared protocol revenue and trading fees that underpin the value of the native token, #AMPLIFI. The protocol leverages a unique deflationary mechanism that eliminates supply while multiple decay algorithms temper and control selling pressure.

Media Contact

To reach out, ask questions, or arrange an AMA, reach out to the AmpliFi team through one of the channels below.

E-mail: [email protected]
Address: Zug, Switzerland
Contact: Christophe Silk
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