AMI, the native governance token of Amnis Finance, is set to debut on MEXC on March 26. A significant portion of its token supply, approximately 8%, will be airdropped to early adopters. This marks a major step for Amnis Finance, an Aptos liquidity staking protocol, which has grown rapidly and is now one of the largest liquid staking protocols in the Aptos DeFi ecosystem.
The token will be listed with the AMI/USDT trading pair on MEXC, with trading set to begin at 10:00 UTC on March 26. Users will be able to deposit AMI tokens immediately, but withdrawals will be permitted only starting on March 27. Additionally, AMI will be available for swapping on MEXC Convert, a feature that allows users to instantly exchange cryptocurrencies with no fees.
Amnis Finance introduced its governance token on March 22, aiming to strengthen the Amnis community within the broader Aptos ecosystem. As a governance token, AMI will give holders the ability to participate in decision-making processes related to the protocol’s development. These decisions include structuring protocol fees, delegating strategies, and managing partnerships. The governance model allows AMI holders to contribute to making Amnis Finance more decentralized and efficient.
Amnis Finance has experienced tremendous growth, reaching 1,882% year-on-year growth, and has become one of the top three protocols in the Aptos ecosystem in terms of total value locked (TVL). The protocol currently has 35.5 million APT staked from more than 446,000 stakers, reflecting its rapid adoption and success in the DeFi space.
Regarding the token’s allocation, Amnis Finance has prepared a total supply of 1 billion AMI tokens. A large portion will be allocated to various stakeholders, including the team, investors, and the community. The team’s portion will be unlocked after a one-year cliff period with a two-year vesting schedule. In addition, a portion will be set aside for community rewards, ecosystem development, and partnerships, while some will be dedicated to marketing and maintaining liquidity.
The AMI token launch represents an important milestone for Amnis Finance as it continues to establish its presence in the rapidly growing Aptos ecosystem. The governance structure will empower users to influence key decisions and participate actively in shaping the protocol’s future.