Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

AMP Token

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CMC Rank: 42
  • USD: $0.050
    1h: 2.47% 24h: 1.29% 7d: 10.6%
  • BTC: 0.0000015 BTC
All Time High: $0.12 2 years ago
Current price is -59 % from ATH
  • Cap: $2 351 277 475
  • Vol 24h: $19 058 134 (0.81 %)
  • Circulating: 48 013 928 909 AMP (48.4 %)
  • Total: 99 225 323 005 AMP

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About AMP Token

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.

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