How it works
Amplify is a leveraging solution that enhances exposure to yield-generating assets through recursive borrowing.
It operates with two asset types:
- Collateral Asset: A yield-bearing asset users deposit to open an Amplify position e.g. dSOL, JLP, JitoSOL
- Borrowing Asset: Borrowed against the Collateral Asset up to the user's chosen leverage ratio
How does it work
- Deposit a Collateral Asset into Drift Earn's Borrow/Lend program (Isolated Pool) via Amplify
- System automatically borrows a Borrowing Asset against it, adjusting up to the intended leverage ratio
- System automatically converts the Borrowing Asset into the Collateral Asset, increasing notional exposure and amplifying yield potential