Amp (AMP)

Market Cap Rank #28
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$0.086446 (8.67%)
Price (USD)
$4,150,217,273
Market Cap (USD)
0.91%
1h change
8.67%
24h change
40.86%
7d change
%
1y change
Info
Price in Bitcoin: 2.41e-06 BTC
All-time high change: -27.94%
Data updated: {{ dayjs('2021-06-19T19:35:09Z').format('LLL') }}
Key Values of Amp
Low 24h High 24h All-Time High (Date) Market Cap Volume (24h) Circulating Supply Total Supply
$0.075616 $0.093187 $0.120813 ({{ dayjs('2021-06-16').format('LL') }}) $4,150,217,273 $121,711,519 48,009,634,075 AMP 99,219,786,555 AMP
Amp Chart
Description
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.

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