A digital collateral token to enable immediate settlement of payment transactions
What is Amp?
Amp (AMP) is a digital collateral asset that enables immediate settlement of payment transactions. It is an ERC-20 token that is built on Ethereum blockchain. Amp is used to facilitates instant, irreversible transactions for any asset. It also serves as a collateral within Flexa network to decentralize risks and secure retail payments. Flexa is a merchant payment network that allows universal acceptance of digital assets.
AMP can be staked to secure the digital asset payments, and staker will be given incentives. Amp aims to provide fast and secure payment transactions worldwide yet at the same time remains as open source and decentralized.