Joe Caiello

BizOps @FingerprintJS | Tech, Sneakers, Sports, Startups, and Travel | Former @SteadyApp, @AccoladePrtnrs, @Citi IB, @UVA

[Ample @AmpleHQ]

Ample v1 is live.

Prize-linked savings, built onchain.

→ Deposit USDC and keep your principal
→ Yield is pooled across all depositors to fund rewards
→ Winners selected via verifiable onchain randomness
→ Every rule, budget, and payout is observable

Premium Bonds are a 70-year-old, £134B market in the UK. Ample rebuilds the model on modern rails. No partner banks, no middleware, no intermediary failure.

[Joe Caiello @Joe_Caiello]

@brandonkumar @usahockey

[Brandon @brandonkumar]

Today we released the beta for Ample, a new savings protocol we built at Layer3.

Ample is inspired by the UK’s Premium Bond system and rebuilt using onchain financial infrastructure. Users deposit supported assets, retain full ownership of principal, and the yield generated across all deposits is pooled to fund recurring, randomized payouts. In each period, a small number of participants receive outsized outcomes, funded by the same underlying yield that would otherwise be distributed evenly.

As I’ve written about before, there are several structural reasons why I believe this product is well timed.

For most of the post-2008 period, savings products built around pooled yield faced a core limitation of insufficient and unstable yield. In low-rate environments, it was difficult to fund meaningful upside without introducing leverage, principal risk, or opaque balance sheet mechanics. Today, onchain money markets now provide consistent, programmatic yield that can sustainably support payout mechanisms at scale.

Distribution has also changed. Historically, premium bond-style savings products were constrained by local deposit bases and national banking systems. Today, stablecoins and USD balances held in fintech wallets function as a global, dollar-denominated liability layer. This allows a protocol like Ample to aggregate deposits and yield across partners and geographies, enabling payout pools and expected outcomes that no single institution could realistically offer on its own.

Transparency was another historical limitation. Prior attempts relied on opaque payout logic that was difficult for users, and often regulators, to verify. With smart contracts and verifiable randomness, payout rules can now be codified onchain. Users can see exactly how yield is accrued, how payouts are calculated, and how the payout budget is allocated. The system is auditable by design.

The underlying infrastructure has matured as well. The onchain stack today looks materially different than it did in previous cycles. Smart wallets abstract away key management and gas complexity. Layer 2 networks have reduced settlement costs. On and off ramps have expanded to the point where users can move between local currency and stablecoins with minimal friction. Taken together, this creates a UX environment where an onchain savings product can operate with the same, or better, usability as a traditional fintech application.

From a user behavior perspective, the appeal of this type of savings structure is well established. Humans consistently prefer variable outcomes over fixed yield, even when the expected return is identical. This preference has driven adoption of regulated savings products globally, including in the United States and the United Kingdom, where Premium Bonds alone represent approximately $150 billion in deposits. The mechanism works because it changes how yield is experienced, not how it is generated.

From an integrator perspective, this savings model offers a way to increase asset retention without increasing risk. Assets remain deposited longer because the experience is more engaging than static APY. Ample turns this structure into a reusable primitive. If successful, wallets, exchanges, and fintechs should be able to offer this savings model for idle assets such as USDC, BTC, ETH, SOL, and tokenized equities. Over time, a meaningful share of onchain yield could route through pooled savings structures rather than traditional yield products.

The beta release is focused on validating a small number of variables: initial asset selection, user behavior and retention, payout cadence, partner integration surfaces, and jurisdictional posture. Ample takes a small fee on yield before payouts are distributed. Ample is built entirely within Layer3, and any protocol revenue generated flows directly to the L3 treasury.

The beta is intentionally limited in scope. The objective is to test whether the structural assumptions outlined above translate into real usage and durable behavior. If they do, Ample becomes less of a consumer-facing application and more a financial primitive that others embed.

Follow along @AmpleHQ

[Joe Caiello @Joe_Caiello]

@gaby_goldberg Congrats @dariya & @gaby_goldberg!

[Fingerprint @FingerprintJS]

Gartner predicts that by 2031, online fraud, identity, and cybersecurity will converge, reshaping the way companies buy and deploy solutions.

Curious about what this means for your organization? Download the Emerging Tech report for the full story: https://t.co/8d6Yq18pEq

[Fingerprint @FingerprintJS]

In the latest @Forbes Tech Council piece, our CEO Dan Pinto says it’s time to “move beyond CAPTCHAs and rely on real-time device and behavior signals.”

Catch Dan’s full take (and other expert insights) here: https://t.co/JDZqfrtizq

[Fingerprint @FingerprintJS]

Hey @Delta @JetBlue @AmericanAir @united @SouthwestAir keep seats for real travelers, not automated agents.

Fingerprint flags bots and AI agents in milliseconds. DM us or email [email protected] to detect and protect. 🤖

[Joe Caiello @Joe_Caiello]

@ws You're not a true homeonwer until you've made 3+ trips to Home Depot in one day to fix a sprinkler leak

[Peter / 1k(x) @pet3rpan_]

https://t.co/I8BQzCyyuC

[Greenfield Capital @greenfield_cap]

We're excited to announce our follow-on investment in L3, the native token of @layer3xyz. We have accumulated an additional $4M of L3 tokens, making Layer3 one of the largest holdings across our funds. | @claudedonze

[Layer3 @layer3xyz]

Layer3 Intel is live: AI agents that deploy tasks and earn revenue on Layer3.

We gave them 3 years of proprietary incentive data & realtime internet access.

Create yours with 25,000 L3. Live today with builder access.

[Layer3 @layer3xyz]

ANNOUNCING LAYER3 INTELLIGENCE

The first way for AI agents to deploy & complete tasks for rewards at scale.

[Joe Caiello @Joe_Caiello]

@socialchanger @DeadlineWH He should be careful! Larry David went to jail for the same thing 😂

[Layer3 @layer3xyz]

Layer3 is LIVE on @Solana

Our vision is to create the consumer fun hub powering every next transaction.

We've partnered with top protocols to bring our vertically integrated app & a distribution layer to Solana apps––powered by the #L3 token 👇

[Layer3 @layer3xyz]

L3 is expanding to @Solana in October.

New platform, optional token migration, and a better UX.

We're going all in with 25 top protocols to create the top consumer hub on Solana 👇

[Joe Caiello @Joe_Caiello]

@rnewcombx3

[Joe Caiello @Joe_Caiello]

Happy “21st Night of September” to those who celebrate 🕺 🪩
https://t.co/QZy6DhYxlt

[Joe Caiello @Joe_Caiello]

@zck founders at their first board meeting

[Joe Caiello @Joe_Caiello]

My all-time most rewatchable franchise. Who are we adding to the crew @TheRewatchables?

[DiscussingFilm @DiscussingFilm]

‘OCEANS 14’ is in the works.

• George Clooney and Brad Pitt will reprise their roles

• Edward Berger (‘All Quiet on the Western Front’) is in talks to direct

(Source: Deadline)

[Layer3 @layer3xyz]

hiring a new intern. who wants in