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.
Amp Price $0.02187216
Market Cap Rank Rank #
Market Cap $790,845,836
24h High $0.02230871
24h Low $0.02048381
Circulating Supply 36,271,610,692
Total Supply 94,128,936,788
Trading Volume $3,325,923
All-Time High $0.01408593
Amp/Bitcoin Ratio 1.00 BTC = 3,779,289.49 AMP
Last Update 2021-03-07 16:08:02