AMP is a digital currency belonging to a project called Flexa Network, which aims to facilitate digital payments in a fast and secure manner, whether using cryptocurrencies or traditional currencies, in stores or online.
What is AMP?
AMP is a collateral token used to secure transactions on the Flexa network.
When you send a payment using Flexa, AMP is used as collateral until the transaction is completed on the blockchain, making the process almost instantaneous for the merchant.
Characteristics of AMP:
Built on the Ethereum network (ERC-20).
AMP can be "staked" to secure the network and earn rewards.
Aims to reduce transaction time and costs compared to traditional systems.
Price of AMP:
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