To withdraw funds from Amplifi, ensure you've unstaked your assets from the vaults. To check the amount available for withdrawal, view the Available assets listed under your Portfolio Balance:
To withdraw funds from Amplifi, you'll need an external crypto wallet.
Copy the wallet address from your external crypto wallet.
Visit the Amplifi app.
Select Deposit/Withdraw.
Select a token to withdraw and set an amount.
Paste the wallet address of your external wallet.
Sign up for the Beta waitlist to access the Amplifi app.
To use the Amplifi app, you need two things:
Web2 Social Login: It's required to have a social account like Gmail, Facebook, or Apple ID. This account will be used to create an Amplifi account (& associated crypto wallet).
External Crypto Wallet: An external wallet is required to fund your Amplifi account. You can choose from one of the following options:
Centralized Exchange (CEX) Wallet (recommended): CEXs allow users to buy and store crypto on a single platform.
Non-Custodial Wallet: Ideal for users who prefer full control over their private keys, typically suited for those with existing wallets.
Wallet Address: The Polygon network address linked to the Amplifi account.
User Rewards Over Time: Historical user annual percentage rate (APY).
Portfolio Balance: The total value of assets in the Amplifi account.
Staked Balance: The value of assets currently staked in a vault.
Available Balance: The value of idle funds not staked in a vault, ready for use.
Vaults: The Amplifi vaults available for staking.
Transaction History: A detailed log of all transactions and activity for the Amplifi account.
Select a vault based on your preferences and risk tolerance, ensuring you have the necessary assets for that vault. Users can perform two primary actions with Amplifi vaults: Staking and Unstaking.
Here’s how to do each:
Select Stake.
Choose the token you wish to stake.
Enter the amount of assets to stake.
Select Unstake.
Choose the token you wish to unstake.
Enter the amount of assets to unstake.
If you already have an account with Amplifi, use your original login method (i.e. Facebook, Gmail, etc.) to access your account.
Visit the Amplifi app.
Select a social login from the following options:
Gmail
Apple ID
Phone number
When you select a login method, Amplifi will create an account along with an associated non-custodial crypto wallet address, which is accessible only through the app.
Funding your account requires purchasing crypto through an external wallet and transferring it to the wallet address linked to your Amplifi account.
To fund your Amplifi account, you'll need an external crypto wallet that holds one of the whitelisted assets.
There are two primary methods for acquiring & storing crypto using an external wallet, including:
Using your external wallet, purchase a whitelisted asset (USDC, USDT, DAI, etc.) on the Polygon (POS) network.
Sign in to the Amplifi app.
Select Deposit.
Copy the wallet address listed under Deposit Wallet.
Paste the wallet address into your external wallet, and send the assets to your Amplifi account.
Ensure that the assets stored in your external wallet are among the whitelisted assets on the Polygon (POS) network to avoid any loss of funds.