![]() In helping to develop the AMP token, Flexa contributed two years of research and development to the token architecture and design, and developed and released the first AMP collateral manager contract as open source. By using AMP partitions as collateral pools, Flexa can secure payment authorizations while the underlying asset remains unconfirmed, and approve merchant transactions in close to real-time. If youre planning on holding your AMP for a while, do yourself a favor and stake it to earn more AMP and. ![]() AMP is locked and unlocked on the Flexa payment platform, as well as other platforms that use AMP to facilitate decentralized collateralization. Staking AMP on Flexa is a great way to earn more amp. While your assets are staked via our On-chain staking service, they are not available for trading and cannot be pushed to your external (non-Kraken) account.If you choose Flexible staking, you can instantly un-stake assets at any time for any amount. or Trust wallet and Coinbase wallet for mobile iOS or Android devices. 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.įlexa is a payments network that enables fast and fraud-proof payments for merchants all over the world. AMP allows users to collateralize asset transfers by staking AMP, users can guarantee the value of assets within a transaction. Essentially, staking AMP on Flexa means token holders are entrusting their assets. By staking Amp, any value transaction can be guaranteed, from digital payments to fiat currency exchange, loan distributions, property sales, and more. After Kraken settled with the SEC over its staking business, it now appears COIN is not in the clear from SEC enforcement. Using AMP, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.ĪMP offers a straightforward but exceptionally versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. He also sees a regulatory threat to Coinbase’s staking business. AMP is the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. ![]()
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