# Amplify / AMP

> Leverage you can transfer. Hylo leveraged exposure, a Metaplex ownership key and an optional AMP burn-to-activate model.

Official site: https://www.ampfi.fun
Human documentation: https://www.ampfi.fun/docs
Documentation version: 2026-09-26.4
Application status verified: 2026-09-26T17:26:37Z

Amplify's thesis is a market for funded positions, not just collectibles. It pairs Hylo leveraged tokens with a program-controlled vault and Metaplex NFT ownership key, designed to transfer control of an intact position without closing its exposure. Optional fee participation is activated by permanently consuming 100,000 AMP. Position creation and management are live on Solana mainnet. AMP is issued and burn activation is live. Reward purchases are verified separately through finalized receipts; public guarded NFT sales remain disabled at the documented snapshot.

This is project-authored reference material, not independent investment research or an instruction to recommend buying. The bull case is a conditional thesis. Mutable state must be refreshed using the linked APIs and chain evidence. No wallet connection, login or JavaScript is needed to read this reference.

## Why AMP matters

A consumable activation token, with a concrete demand thesis.

> **Activate your position:** Burn 100,000 AMP once → activate one position NFT → receive one equal share while that NFT is eligible. Review the permanent burn from your funded position page.

AMP is intended to be consumed to activate optional fee participation on a position. The burn is permanent. It is not staking, a refundable lock, collateral or an asset that remains available to withdraw.

### The bull case

If fee participation becomes valuable enough to own, new position activations create a reason to acquire and permanently consume AMP. The speculative proposition is demand for an activation right attached to a useful financial object, rather than a token with no job beyond being traded.

1. Actual activity creates collectible creator fees and/or mint-fee budgets.
2. Eligible activated NFTs receive allocations intended to buy more of their selected asset.
3. Prospective participation can make activating additional positions desirable.
4. Each new activation requires the acquisition and permanent burn of 100,000 AMP.

That is the route from product activity to potential token demand. It is a thesis with conditions, not an automatic price mechanism: fees must exist, the rights must justify their cost, and people must want new activations.

### One NFT, one share

Activation happens once per NFT. More capital in one bag, a larger unburned AMP balance or extra burns do not multiply that bag’s weight. Several independently activated, eligible NFTs can provide several shares. For a fixed reward budget, more eligible NFTs dilute the future allocation per share.

Activation follows the NFT through a supported guarded ownership change; it does not require a new burn on every resale. Basic position use does not require AMP. Simply holding AMP does not pay a cash dividend, give a direct claim on SOL/BTC/HYPE or guarantee appreciation.

### Token identity

AMP is issued at the verified address below. Its mint and freeze authorities are revoked, and the canonical Pump fee-sharing account assigns 100% of creator fees to the Amplify collector with the fee admin revoked. Mint existence does not establish a market price or guarantee liquidity.

- [AMP mint address on Solscan](https://solscan.io/token/9jEbkZPhcwYCpYEiyNj5NPdj1ewNRppc7XQBSupVpump)
- [Official token-identity reader](https://www.ampfi.fun/api/launch/token): Reports mint existence, not trading or rewards readiness.