# How Amnis works?

<figure><img src="https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2FTF3CfTvDhim7dzvijyE0%2Fimage.png?alt=media&#x26;token=e6975334-f7b0-4d6c-ba40-26c176ee557b" alt=""><figcaption></figcaption></figure>

**Requirements:**

* Wallet that supports Aptos:

  * [Petra](https://petra.app/)
  * [Martian](https://martianwallet.xyz/)
  * [Pontem](https://pontem.network/)
  * [M-Safe](https://www.m-safe.io/)
  * [Rice Wallet](https://ricewallet.io/)
  * [Fewcha](https://fewcha.app/)
  * [Nightly](https://www.nightly.app/)

<details>

<summary>Stake APT</summary>

**Step 1: Acquire APT**

Staking APT via Amnis requires you to have APT. For example, you may purchase APT on centralized exchanges like [Coinbase](https://www.coinbase.com/) or [Binance](https://binance.com) from fiat currency.

Once purchased, withdraw the APT to your Aptos-supported wallet. ([Coinbase](https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/how-to-send-and-receive-cryptocurrency), [Binance](https://www.binance.com/en/support/faq/115003670492))

**Step 2: Connect wallet to Amnis Finance**

Now that you have APT in your Aptos-supported wallet, navigate to the [Amnis Finance app](https://testnet.amnis.finance/mint).

On the [Stake ](https://stake.amnis.finance/mint)tab, click "Connect Wallet".

![](https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2F6KghNHbwKejSesR5p2o2%2Fimage.png?alt=media\&token=dbe25b42-a8ca-43c1-b7cd-5f2eb000246f)

Select the wallet that you have installed and approve the app.

<img src="https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2Fv5Awq0Wso0gMftrnc4EP%2Fimage.png?alt=media&#x26;token=c7004c97-3eba-4411-bf08-30c52ea6e3b9" alt="" data-size="original">

**Step 3: Stake your APT**![](https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2FQma9h8wj3UAfZJKxdlWq%2Fimage.png?alt=media\&token=f0ce1c4d-f040-426a-bc18-c7b6c2878bca)

Enter the number of APT that you would like to stake.

Click **"Mint & Stake"** and then confirm the transaction. This will stake APT, and you will receive [stAPT ](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt)in return.

**Step 4: Use or hold your** [**stAPT**](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt)**!**

Simply by holding [stAPT ](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt)in your wallet, you can earn passive income at an approximate +7.5% APR (Annual Percentage Rate). Additionally, you can use [stAPT](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt) for lending on [Aries](https://app.ariesmarkets.xyz/lending), staking, and yield farming within the Aptos DeFI ecosystem.

</details>

<details>

<summary>Mint amAPT</summary>

**Step 1: Mint amAPT**

On the [Mint ](https://stake.amnis.finance/mint)tab, enter the number of APT that you would like to mint to amAPT.

![](https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2F0gHSrpZR0delhIvVPZ4W%2Fimage.png?alt=media\&token=cdfad2dc-5b67-46ae-bb1a-240bc33be1a4)

Click **"Mint Only"** and then confirm the transaction. This will mint APT, and you will receive [amAPT](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt) in return.

**Step 2: Use or hold your** [**amAPT**](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt)

You  can use amAPT to add liquidity on [Pancakeswap](https://aptos.pancakeswap.finance/add/0x111ae3e5bc816a5e63c2da97d0aa3886519e0cd5e4b046659fa35796bd11542a::amapt_token::AmnisApt/0x1::aptos_coin::AptosCoin), [Liquidswap](https://liquidswap.com/#/?from=0x1::aptos_coin::AptosCoin\&to=0x111ae3e5bc816a5e63c2da97d0aa3886519e0cd5e4b046659fa35796bd11542a::amapt_token::AmnisApt\&curve=stable\&version=0.5\&target=swap) or [stake amAPT ](https://stake.amnis.finance/stake)to stAPT in return with a +7.5% APR.

</details>

<details>

<summary>Stake amAPT</summary>

**Step 1: Stake amAPT**

On the [Stake ](https://testnet.amnis.finance/stake)tab, enter the number of amAPT that you would like to mint to stAPT.

![](https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2FCHLeWkT3g96z2REOqVOp%2Fimage.png?alt=media\&token=ca1c7888-d56d-40eb-be7d-ed68c78fba78)

Click **"Stake"** then Confirm the transaction.

**Step 2: Use stAPT**

Simply holding stAPT in your wallet which earn passive income at about 7% APR. And, you can use [stAPT ](https://app.gitbook.com/o/yYAp9ISxEvjwAgxoY5ed/s/S1BuIoYSwiJZqNrZeQzd/~/changes/85/amnis-protocol/amapt-and-stapt)in lending, staking and yield farming in Aptos DeFI ecosystem.

</details>

<details>

<summary>Unstake stAPT</summary>

On the [Unstake ](https://stake.amnis.finance/stake?q=unstake)tab, enter the number of stAPT that you would like to unstake to amAPT.

![](https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2FSSAJrD782H7TSPOJltkj%2Fimage.png?alt=media\&token=1aba6d42-923d-47fa-8754-72bc660a856b)

Click **"Unstake"** then Confirm the transaction.

Congratulations! You've unstaked your stAPT and received [amAPT ](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt)in return.

</details>

<details>

<summary>Withdraw</summary>

On the [Withdraw ](https://stake.amnis.finance/withdraw?q=request)tab, there are two ways to obtain APT from [amAPT](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt):

1. Slow withdrawal: This process takes 30 days. After that, you can claim your APT using the Claim tab.
2. Quick withdrawal: This process only takes a few minutes and allows you to exchange [amAPT](https://docs.amnis.finance/amnis-protocol/amapt-and-stapt) for APT on [Pancakeswap](https://aptos.pancakeswap.finance/swap?outputCurrency=0x111ae3e5bc816a5e63c2da97d0aa3886519e0cd5e4b046659fa35796bd11542a%3A%3Aamapt_token%3A%3AAmnisApt), [Liquidswap](https://liquidswap.com/#/?from=0x1::aptos_coin::AptosCoin\&to=0x111ae3e5bc816a5e63c2da97d0aa3886519e0cd5e4b046659fa35796bd11542a::amapt_token::AmnisApt\&curve=stable\&version=0.5\&target=swap).

![](https://135941930-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FS1BuIoYSwiJZqNrZeQzd%2Fuploads%2Fa4gIK5v013vR6B3bTxWW%2Fimage.png?alt=media\&token=0dfe2892-ce60-46b9-a4d2-3a220679b220)

</details>


---

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