Amplify
Co-building DeFi infrastructure for SME invoice financing
Table of Contents
Amplify Protocol (token: $AMPT , product at ampt.finance) is DeFi infrastructure for invoice financing and real-world-asset-collateralised loans for small and medium businesses. The market context Amplify cites is the size of the SME financing gap. The Amplify thesis is that DeFi rails can compress that gap by tokenising receivables into on-chain assets that pool-based lenders can underwrite directly.
Amplify started life as a Compound fork called Ampt Finance V1 and was re-architected for invoice financing in the V2 redesign. Holdex was operationally inside the project from the start, with Vadim Zolotokrylin serving as CTO and Mark Curchin contributing as Product and Technology Engineer alongside the operating team.
What we shipped
Holdex's stated deliverables on the protocol cover the full V2 redesign.
- Smart contracts. The redesigned and re-developed contract suite that powers V2.
- Invoice tokenisation. Invoices and receivables represented as on-chain assets.
- Borrowing pools. Score-based loan allocation that prices SME risk against pool-level capital.
- Lender transparency interface. The dashboard lenders use to inspect pool health and individual invoice positions.
- SME UI. The borrower-facing app, deliberately designed to bridge DeFi vocabulary to language SMEs already use for invoice finance.
- Amplify DAO. Hybrid governance combining Snapshot for off-chain voting with custom on-chain components.
The story
Initial financing came from Tenity (amount undisclosed). The community bounty event ran through November 2021, and BitMart ran an AMPT Launchpad sale in March 2022. Defactor partnered later for real-world-asset opportunities, broadening the borrower roster beyond the original SME pool.
Links
- Product: ampt.finance
- Token: $AMPT