How to Stake Amp on Flexa Capacity?
What Is the Amp Token?
Amp is a universal collateral token designed to facilitate fast and efficient transfers for any real-world application. When using Amp as collateral, transfers of value are guaranteed and can settle instantly. While the underlying asset reaches final settlement, a process that can take anywhere from seconds to days, Amp is held in escrow by a collateral manager. Once the transaction successfully settles, the Amp collateral is released and made available to collateralize another transfer. Amp exists to serve as universal collateral for anyone and any project.
Amp Token Use Cases:
- Collateral for payment networks. Apps that integrate Flexa stake Amp to ensure all payments can be settled in real-time regardless of the asset or protocol used. Anyone can stake Amp to earn a pro-rata share of the transaction fees generated on the network.
- Collateral for individuals. Users can often collateralize their own asset transfers, for instance, to gain immediate margin relief on an exchange.
- Collateral for DeFi platforms. New DeFi platforms and protocols are constantly evolving global finance and many are adding Amp to their products.
This article will tell you how to Stake AMP on Flexa Capacity?
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