1. Abstract
This proposal suggests introducing Amnis Vaults, inspired by Jito’s Vault Program, to enhance capital efficiency, liquid restaking capabilities, and ecosystem liquidity across Aptos. The feature would enable users to stake multiple Aptos-native assets into customizable vaults, receive Vault Receipt Tokens (VRT-like derivatives), and earn layered rewards across node operators, restaking layers, and potential partner networks. Amnis Vaults would help position Amnis Finance as the leading liquid staking & restaking hub on Aptos, strengthening AMI token utility and expanding protocol adoption.
2. Motivation
Jito’s Vault system has proven to be a powerful catalyst for Solana’s liquidity and validator decentralization. As Amnis grows into the leading LSD protocol on Aptos, we have a strategic opportunity to adopt a similar model that:
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Increases capital efficiency for users and DeFi partners
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Creates new liquidity layers for Aptos-native assets
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Strengthens Amnis as a hub for staking, restaking, and yield strategies
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Enhances protocol revenue and AMI token utility
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Supports validator decentralization through dynamic stake routing
The Aptos ecosystem currently lacks a flexible restaking infrastructure. By launching Amnis Vaults, we fill this gap and accelerate the growth of both Amnis and Aptos.
3. Specification
3.1 Overview of Proposed Feature
Amnis Vaults introduces a modular infrastructure consisting of:
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Liquid Staking Layer
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Manages operator assignments
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Configures slashing rules and reward distribution
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Enables dynamic delegation across vetted node operators
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Vault Layer (VRT System)
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Allows staking of multiple assets (APT, stablecoins, partner tokens)
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Mints a unique Amnis Vault Receipt Token (aVRT) for each vault
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Handles mint/burn, delegation routing, and vault customization
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This system mirrors Jito’s architecture while adapting to Aptos’ Move ecosystem and Amnis’ LSD mechanics.
3.2 Core Functionalities
A. Multi-Asset Staking Support
Users can deposit:
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APT
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Stablecoins (USDC, USDT)
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Amnis’s yield-bearing tokens (amAPT,stAPT)
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Partner assets (e.g., liquid staking tokens, DeFi tokens)
B. Vault Receipt Tokens (aVRTs)
Each deposit mints a vault-specific aVRT representing:
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Asset backing
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Restaking configuration
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Reward structure
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Risk parameters
aVRTs are:
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Transferable
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Composable (usable in DeFi)
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Yield-bearing
C. Validator & Operator Management
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DAO-selected operators
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Automatic rebalancing
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Slashing rule configurations
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Sustainable, decentralized delegation routing
D. Reward Model
Users earn:
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Base staking rewards
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Restaking yield
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Vault partner incentives
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AMI token emissions (optional depending on DAO vote)
E. Governance Control
The DAO governs:
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Vault creation
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Operator set management
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Reward rates
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Fee splits
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Risk frameworks
3.3 Implementation Plan
Phase 1 (4–6 weeks): Research + Draft Architecture
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Technical design + architecture documentation
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Evaluate compatibility with Aptos Move & DeFi partners
Phase 2 (6–10 weeks): Development
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Restaking module
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Vault module
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aVRT implementation
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Validator delegation logic
Phase 3 (4 weeks): Security Audits
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External security audit
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Internal QA testing
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Simulation stress testing
Phase 4 (2 weeks): Launch
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Deploy Vault v1 with APT-only
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Add stablecoin & partner vaults via future DAO proposals
4. Benefits and Risks
Benefits
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Massive liquidity growth for Aptos ecosystem
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Boosts AMI token utility via governance + fee accrual
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Attracts strategic partners to build vault strategies
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Creates deeper DeFi integrations (lending, DEX, leverage)
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Reinforces Amnis as the core infrastructure layer for staking & restaking on Aptos
Risks
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Smart contract complexity
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Requires strong validator vetting
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Market adoption depends on ecosystem maturity
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Potential risks from asset slashing (mitigated through risk-tiered vaults)
5. Expected Outcomes
If implemented, Amnis Vaults will:
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Increase Amnis TVL by 30–100% within first 3 months
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Position Amnis as the staking & restaking hub on Aptos
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Improve validator decentralization across the network
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Strengthen AMI token governance value & fee capture
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Expand DeFi liquidity through aVRT integrations
6. Cost Summary
Estimated total cost: $150,000–$220,000 USD equivalent (to be approved by DAO)
Breakdown:
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Development: $80,000–$120,000
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Audits: $40,000–$70,000
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Infrastructure & Node Services: $10,000–$20,000
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Launch & Documentation: $5,000–$10,000
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Initial partner incentives (optional): $20,000–$30,000
Treasury allocation and release schedule will follow a milestone-based structure to ensure accountability.