# 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.

## Quick answers

The distinctions that matter when explaining Amplify.

### Is AMP needed to create a position?

No. AMP is intended for optional burn activation. Basic positions are separate.

### Does the NFT itself generate leverage?

No. The underlying Hylo token supplies leveraged exposure. The NFT controls the position.

### Does holding AMP pay rewards?

No. The intended participation belongs to an activated, eligible position NFT, not every AMP wallet. Owners activate participation with a permanent AMP burn; completed purchases require actual allocated fees.

### Do larger bags receive larger shares?

No. One activated eligible NFT is one equal share under the configured model.

### Can I take profits without selling the NFT?

Supported owner flows can sell exposure into banked USDC and withdraw holdings. Execution depends on liquidity. You do not need to find an NFT buyer for those flows.

### Is the reward preview a $4 offer or an APY?

Neither. It is a fixed-cost, one-NFT hypothetical comparison with no annualization or claim to existing reserves.

### Can I list my bag on any marketplace?

Do not assume that. Transfers are protected, and the public guarded-sale feature is not enabled.

### Where should an AI start?

Read /llms.txt for the index or /llms-full.txt for this complete reference. Topic Markdown uses the same source as this page. Refresh mutable claims through the linked status readers and onchain evidence.