In brief:
₿- A new blockchain model places users at the center by prioritizing user participation and decentralised governance.
₿- The AMTS token is designed for equitable distribution, with no founder or venture capital allocations, and a fixed supply to avoid inflation.
₿- The platform integrates key DeFi features, including low-cost trading, staking, and governance, aiming to make decentralised finance more user-friendly and inclusive.
Amitis Network introduces a new approach to blockchain design, with a focus on fairness, accessibility, and shared participation. As one of the first cooperative Layer 1 blockchains, Amitis intends to empower users rather than just validators, insiders, or venture capitalists.
The network is designed to return up to 80% of network fees to users, fostering an environment where participants may benefit from their involvement.
Integrated DeFi features with competitive fees
Amitis offers various DeFi tools on a single blockchain, including:
- A hybrid decentralized exchange (DEX) supporting AMM swaps and limit orders
- Cross-chain bridges connecting to Ethereum, BNB Chain, Polygon, and others, with competitive fees
- Governance mechanisms based on one token, one vote
- Staking and unstaking options with no additional fees
Compared to some other networks, Amitis aims to offer lower transaction costs, potentially resulting in savings for users.
Security, privacy, and sustainable design
The network applies multi-signature validator consensus, hardware security modules, and oracle verification to secure transactions and cross-chain bridges. Asset transfers are designed to be backed one-to-one without wrapped tokens.
Privacy features include pseudonymous accounts, optional IP masking, and transaction mixing, designed to balance transparency and user confidentiality.
The power of AMTS: Utility and governance
At the heart of the Amitis ecosystem is AMTS, a utility and governance token designed to support decentralised participation. It features a fixed supply of 1 billion tokens, with no inflation mechanism or allocations reserved for founders or venture capitalists. Tokens are distributed to users through participation and network activity. This model seeks to encourage a broad and fair distribution of tokens across the community.
Through liquid staking, AMTS holders have the option to convert tokens into sAMTS, which can provide staking rewards with the benefit of instant liquidity—without mandatory lock-ups or minimum staking amounts. This approach is designed to increase flexibility compared to some other staking options.
Users may also receive rewards for participating in governance by voting on network proposals. Governance participation helps guide the platform’s development and decision-making processes.
A community-focused blockchain
Amitis Network’s structure avoids traditional venture capital control and emphasises community governance and sustainability. It aims to provide an inclusive environment for users ranging from beginners to experienced DeFi participants.
By prioritizing transparency and democratic decision-making, the network encourages active participation from all token holders.
The cooperative model fosters shared responsibility and long-term commitment to the platform’s success. Additionally, Amitis supports educational resources and accessible tools to help new users navigate the DeFi space confidently. This community-driven approach strives to build a resilient ecosystem where all stakeholders have a voice and benefit fairly from network growth.
Stay informed,
Rodcas Consulting Group