CryptoCurrencies
14787
Exchanges
500
Total Market Cap
2,242,487,126,258
Volume 24h
131,073,881,593
Dominance
BTC 53.50%   ETH 12.71%   USDT 5.34%   BNB 3.70%

Amp
AMP

0.003704
$
4.05 %
Change 24h
Market Cap
$ 298,737,875
Volume 24h
$ 12,830,662
Circulating Supply
80,722,574,661
Total Supply
99,446,043,447
AMP
$
# Exchange Pair Price Volume 24h

Description

What is Amp? Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases. How does Amp work? Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.