Ampera (formerly AMP Token) is a digital collateral token on Ethereum, securing transactions in the Flexa network. More
| Fully Diluted Valuation | $339.77M |
|---|---|
| 24H Trading Volume | $6.78M |
| 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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| 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, MEXC, Gate.io, BitgetCoinbase cryptocurrency exchanges.
