Ampera (formerly AMP Token) is a digital collateral token on Ethereum, securing transactions in the Flexa network. More
| Fully Diluted Valuation | $368.19M |
|---|---|
| 24H Trading Volume | $8.99M |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 84.23 B |
| Total Supply | 99.67 B |
| Max Supply | 99.67 B |
| Categories | Decentralized Finance (DeFi) 7 more |
|---|---|
| Founder | Flexa |
| Website | amptoken.org |
| Socials | 4 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Nearblocks 4 more |
| Contracts |
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2 more
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| Name | Pair | OG Score |
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Ampera, previously known as AMP Token, is a groundbreaking protocol on the Ethereum blockchain, introduced in September 2020. It is designed to revolutionize the way digital Letters of Credit (LOCs) are created and utilized. As a digital collateral ERC-20 token, Ampera allows users to engage directly with the protocol by offering collateral. This innovative approach secures the transfer of alternative assets and ensures the receipt of an asset without counterparty risk. This mechanism is instrumental in facilitating trustless interactions and seamless integrations of smart contracts within the decentralized finance (DeFi) sector.
At the heart of Ampera's utility is its integration with the Flexa network, a merchant network dedicated to accepting digital payments in a fraud-proof manner. Ampera serves as the collateral token for Flexa, decentralizing risk and enabling real-time transaction guarantees. This system allows for the collateralization of payments, ensuring the rapid and secure confirmation of transactions involving various cryptocurrencies. The immutable nature of the AMP token contract and the permissionless structure of its collateral pools allow participants to supply and withdraw assets without restrictions, enhancing the flexibility and autonomy of users.
What sets Ampera apart is its role in mitigating issues prevalent in the crypto ecosystem, such as slow transaction times, price volatility, and the challenge of broad adoption. It serves as a form of transaction insurance on the Flexa network, stepping in to cover losses from delayed transactions. With a fixed supply of 100 billion tokens, Ampera enables crypto-collateralized payments at physical vendors, allowing cryptocurrencies like BTC and ETH to be used for real-world transactions while ensuring merchants receive fiat payments. This unique blend of technology and innovation positions Ampera as a pivotal player in the evolving landscape of digital transactions and blockchain technology.
Amp (AMP) stands out as an Ethereum-based digital collateral token that secures payments on the Flexa Network, offering a unique solution against delayed or failed transactions. It operates with a fixed supply to mitigate volatility, and its ability to cover various transaction types, like digital payments and fiat currency exchange, further enhances its uniqueness.
It originated from Flexa, a blockchain payments company led by CEO Tyler Spalding.
Amp has garnered support from Pantera Capital, Brookfiled, Energy Capital Partners, Nomura Holdings, 1kx, Robot Ventures and other investors and backers.
You can buy Amp (AMP) on Binance, Gate.io, Bitget, MEXCCoinbase cryptocurrency exchanges.
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Due to it is an ERC-20 token, Amp token can’t be mineable.
There may be different staking options available such as to participate in DAOs, decentralized governance and for revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Amp (AMP) is ($84,231,346,590), max supply of Amp AMP is ($99,669,205,039) and the market cap of Amp AMP is ($311,162,773).
What is the Amp (AMP) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Amp (AMP) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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