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Amp

AMP
$0.000693+8.45%Rank #379

Summary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.

Score +24 · closed bar

Reading funding, open interest, liquidations and catalysts…

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Overview

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About Amp

Amp (AMP) is ranked #379 by market capitalisation, at $62.2M. Circulating supply: 89.78B AMP, out of a maximum supply of 100B. The price is 99.4% below its all-time high of $0.1208, set on June 16, 2021. Categories: Decentralized Finance (DeFi), Near Protocol Ecosystem, Ethereum Ecosystem, Payment Solutions.

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?

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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.

Project description: CoinGecko (in English).