AMPLIFY is a decentralized financial lending protocol that people can use to provide assets to liquidity pools while earning interest rewards and liquidity mining rewards. The liquidity pools are then made available to selective, community approved, and fully verified, SME’s as well as supply chain manufacturers. These organizations pay interest on the funds borrowed from the pool and that interest is proportionally distributed amongst the Liquidity Providers as profit. In return for having access readily available trade There are two versions of the Amplify protocol (v1, v2,), each of which is made up of free, public, open-source or source-available software including a set of smart contracts that are deployed on the Ethereum Blockchain and the Layer 2 Polygon Network. Your use of the Amplify protocol involves various risks, including, but not limited to, losses while digital assets are being supplied to the Amplify protocol and losses due to the fluctuation of prices of tokens in a liquidity pool. Before using the Amplify protocol, you should review the relevant documentation to make sure you understand how the Amplify protocol works. Additionally, just as you can access email email protocols such as SMTP through multiple email clients, you can access the AMPLIFY protocol through dozens of web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present.
AS DESCRIBED IN THE AMPLIFY PROTOCOL LICENSES, THE AMPLIFY PROTOCOL IS PROVIDED ”AS IS”, AT YOUR OWN RISK, AND WITHOUT WARRANTIES OF ANY KIND.
Although Amplify Tokenized Solutions Inc. d/b/a/ ( ”Amplify Labs” ) developed much of the initial code for the Amplify protocol, it does not provide, own, or control the Amplify protocol, which is run by smart contracts deployed on the Polygon blockchain. Upgrades and modifications to the protocol are managed in a community-driven way by holders of the AMPT governance token. No developer or entity involved in creating the Amplify protocol will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Amplify protocol, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.
Updated on June 16 2021