Eris Amplified WHALE (AMPWHALE)

Eris Amplified WHALE (AMPWHALE) is a versatile coin designed to optimize yield and provide a range of benefits to its users. With its secure, efficient, and easy-to-use platform, AMPWHALE offers a one-stop shop for achieving the highest yield in the Cosmos ecosystem. Users can stake their tokens using the Amplifier Pool, which automatically compounds their staking rewards, maintains liquidity, and minimizes tax liabilities. Additionally, through the Governance feature, AMPWHALE holders can utilize their tokens to vote on delegation for chains like Terra, Juno, Kujira, Migaloo, Osmosis, Injective, Archway, and Sei.

One of the standout features of the Eris Amplified WHALE coin is its ability to keep users liquid while generating auto-compounded staking rewards. Using the Eris liquid staking protocol, users can stake their tokens through Eris, receive transferable receipt tokens (e.g., ampLUN*), and freely trade or use them as collateral. This provides users with flexibility and accessibility to their staked assets. Additionally, the AMPWHALE platform carefully selects validators based on community involvement, products, infrastructure, commission rates, and decentralization criteria. By monitoring validator performance and involvement in governance, AMPWHALE simplifies the process of selecting a trustworthy validator in a new ecosystem.

With tax efficiency in mind, the Eris Amplified WHALE protocol minimizes taxable events for its users. Users must only undergo a token swap through the protocol once tokens are deposited into the platform’s products. Afterward, the yield generated by the protocol is automatically compounded, allowing users’ tokens to grow in value without triggering additional taxable events. The project prides itself on its community-driven approach, as it is fully self-funded and operates without the support of major venture capitalists. This independence allows AMPWHALE to prioritize the development of the best products for its community of users.