Description
Amp is a digital collateral token designed to provide instant, verifiable assurances for value transfers. Utilizing collateral partitions and managers on the Ethereum blockchain, Amp supports a secure, versatile system for collateralizing diverse assets without requiring the movement of tokens from original addresses. Launched in 2020, Amp operates on the Ethereum platform, with a total supply of over 99 billion tokens and more than 80 billion in circulation. Amp's collateral partitions facilitate secure transactions tied to specific accounts, applications, or transactions, while smart contract-based collateral managers handle the locking, releasing, and redirecting of collateral. Actively traded on 147 markets, Amp currently has a price of approximately $0.00396 and a daily trading volume of nearly $9.7 million. By enabling sophisticated collateral models, Amp strengthens transaction security and efficiency across decentralized networks like Flexa.
Amp is a digital collateral token designed to provide instant, verifiable assurances for value transfers. Utilizing collateral partitions and managers on the Ethereum blockchain, Amp supports a secure, versatile system for collateralizing diverse assets without requiring the movement of tokens from original addresses. Launched in 2020, Amp operates on the Ethereum platform, with a total supply of over 99 billion tokens and more than 80 billion in circulation. Amp's collateral partitions facilitate secure transactions tied to specific accounts, applications, or transactions, while smart contract-based collateral managers handle the locking, releasing, and redirecting of collateral. Actively traded on 147 markets, Amp currently has a price of approximately $0.00396 and a daily trading volume of nearly $9.7 million. By enabling sophisticated collateral models, Amp strengthens transaction security and efficiency across decentralized networks like Flexa.
