Following a comment made by a member of the Amulet team via telegram, the cryptocurrency derivative exchange’s community has been on high alert seeking confirmation of the news.

This confirmation has now came with the release of the most recent whitepaper update, version 1.0.1. According to the document, AMT tokenholders can stake the coin and earn 25% of Amulet’s exchange fees on a weekly basis.

The whitepaper states:

Tokenholders will have the opportunity to paticipate in Amulet’s Revenue Sharing Program by staking AMT. Staking tokenholders will collectively be paid 25% of Amulet’s revenue. Payouts will be weekly and in the form of TUSD.

TUSD, an asset-backed stablecoin, is pegged to the U.S. Dollar.

The organization, which’s team include former members of Kraken, BitMex, Carvitex, and the North American Derivative Exchange, is still in the private sale period of funding. The exchange seeks to offers derivatives that enable for a greater degree of hedging in the cryptocurrency market.

According to the whitepaper, the main ICO has a hard cap of $11.5 million and will begin at the completion of the private sale.