Point System Update: Inception Totems & Amphor Points

Following the InceptionLRT and Amphor Protocol merger, we are taking the necessary steps to unite both ecosystems. As part of this transition, the integration of the point programs from both platforms is necessary, ensuring that all users are accounted for under a standardized system.

This update will consolidate all Amphor Protocol points into Inception Totems, allowing users to track their rewards under InceptionLRTs platform. The migration process has been carefully structured to maintain fairness and consistency.

Totems as the Unified Reward System

This update will consolidate all eligible Amphor Protocol points into Inception Totems, allowing users to track their rewards under the InceptionLRT platform.

Only points earned via the amphrLRT token are eligible for this migration. Points accrued from other Amphor sources or activities will not be merged into Inception totems. This ensures the integration is aligned with the liquid staking mechanisms shared between both protocols.

The migration process has been carefully structured to maintain fairness and consistency across both ecosystems.

Details of the Conversion Process

To ensure parity between the two systems, we have applied a conversion ratio that reflects the point emissions relative to each platform’s Total Value Locked (TVL). The calculations are based on the snapshot taken at the time of the merge.

• InceptionLRT Totems (Pre-Merge): 1,342,091,759.55
• Amphor Points (Pre-Merge): 13,923,728,362.19
• InceptionLRT TVL: $7M
• Amphor TVL: $93.2M

By analyzing the emissions per unit of TVL:

• InceptionLRT Points/TVL: 191,727,394.22
• Amphor Points/TVL: 149,396,227.06

To align both distributions, all Amphor points have been multiplied by a factor of 1.28 before being converted into Inception Totems. This adjustment ensures that users from both ecosystems receive a fair equivalence in the unified point program.

What This Means for Amphor Protocol Users

If you held amphrLRT tokens and accrued points, you will now see your adjusted point balance on the InceptionLRT dApp. Balances were automatically adjusted based on the conversion ratio, thus no manual action is required.

Totems will continue to serve the purpose of being the reward mechanism within the InceptionLRT ecosystem, providing access to future incentives and benefits.

Next Steps

Users can now track their updated Totem balances directly on the InceptionLRT dApp. Moving forward, Totems will continue to serve as the unified reward metric for the ecosystem going forward.

We understand the importance of transparency in this process. If you have any questions or need further clarification, our team is available through our official communication channels.

This transition is part of a broader effort to streamline our restaking experience and ensure the long-term sustainability of the protocol. We appreciate the community’s patience and participation as we proceed with the integration.