Rank #209

WebSite :
Whitepaper :
Domain Age : Registered over 4 years ago

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  • 30 days


  • ATH


Amp Ratings Score

Last score update : 7 days ago

Amp Price live today

Amp (AMP) is currently trading at 0.00262792 USD and with a circulating supply of 56,127,938,240 AMP.
Its market capitalization is 147,485,972 USD.
AMP price has moved -1.5% in the last 24 hours, with 2,045,036 USD worth of AMP traded on various exchanges.
Amp currently ranks #209 in cryptocurrency rankings based on market capitalization.

About Amp (AMP)

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.