Amp (AMP) is a Other crypto token. Amp was founded on 2020-09-08 on the ETHEREUM ecosystem. More information can be found at https://ampera.xyz.
Key Technical Advantages:
Collateral Token: Amp is a collateral token designed to decentralize the risk in a payment transaction. It is aimed at reducing the assurance cost from existing counterparty networks. Amp serves as a medium for accruing value while aligning the incentives of all participants in distributed tokenized financial networks.
Partition Interface and Strategies: Amp incorporates a novel partition interface within an original framework of partition strategies. This facilitates the interoperability of staking contracts for any surety mechanism. Amp's partition strategies enable tokens to be conditionally allocated as collateral without requiring transfers to another smart contract, preserving asset custody and improving the simplicity and safety of staking collateral.
Non-Inflationary Reward Distribution: Amp operates via virtuous feedback loops of increasing spending capacity coupled with a non-inflationary reward distribution. This means that the token does not increase its supply to distribute rewards, rather the value of Amp compounds exclusively as a result of the utility it provides.
Low-Volatility Collateral: Amp functions as low-volatility collateral. This implies that Amp has a relatively stable value, which is important for a collateral token, as it reduces the risk of collateral value fluctuation during the transaction settlement period.
Cost-Efficiency and Decentralization: Applications built on Amp can become orders of magnitude more cost-efficient than existing systems and help eliminate the overwhelming deadweight loss of traditional social and economic structures for financial transactions. It does this by enabling decentralized ownership and participation in financial networks.
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