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Project Introduction
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Amp (AMP)
Trade
Official Websitehttps://amptoken.org/
Issuance Date2021-11-22 16:00:00 PM
Total Supply99.44B
Circulating Supply42.22B

"AMP is a native collateral token in the Flexa payment network, a cryptocurrency payment network that makes it easier for merchants to accept cryptocurrency payments. AMP is the project''s native token. current use cases for AMP include Collateral: On the Flexa payment network, AMP is collateralized by users, providing sellers with collateral for unconfirmed cryptocurrency payments. For each transaction, the equivalent value of AMP is locked in a smart contract before the cryptocurrency payment (e.g. Bitcoin) is confirmed. If the payment is not ultimately confirmed, the pledged AMP tokens will be used to repay the seller. Pledge: Users can pledge AMPs to increase the capacity of the Flexa payment network. Pledgers receive a pledge bonus from network transaction fees. Governance: Users can vote on governance proposals, including future grant recipients, partnerships, cross-chain integration, and DeFi collaboration.