Kraken Supports Amnis Finance (AMI) for Trading

Kraken has launched support for Amnis Finance (AMI), a liquid staking protocol on the Aptos blockchain. This means that users can now trade AMI on the platform, with trading made available through the Funding section of their accounts.

The asset allows users to earn staking rewards on their APT holdings without locking capital or maintaining a validator node, and issues liquid staking tokens that can be used across the Aptos DeFi ecosystem. The protocol uses a performance score system for whitelisted validator nodes to optimize reward allocation, with all flows and rules coded into on-chain smart contracts written in Move.

AMI is the governance token of Amnis, a DAO operating on the Aptos blockchain, which allows the community to propose, vote, and implement changes to on-chain matters relating to the development of the protocol. While trading via Kraken App and Instant Buy will be available once liquidity conditions are met, users can currently add AMI to their accounts through the Funding section.