AMP collateralization is available for anyone and can be used to create applications that will lock and unlock the token on-demand to protect transfers and create value quicker. When the transaction is complete the AMP smart contract provides numerous built-in incentive models, such as continuous compounding and micro-distributions. If the payment fails the Amp collateral is burnt to cover the losses. After the coin is staked the transfer can be collateralized and the use of the collateral pool allows it to decentralize the risk of the transfer, which is especially useful for fraud-proof networks. The users can stake AMP tokens to guarantee the value of any form, such as digital payments, exchange of fiat currencies, loan distribution, property sales, etc. It provides the assets like LRC, BHC, XEC, cUSD, DOGE, GUSD, and others with instant verifiable assurance for real-world applications. Amp is an ERC-20 token powering Flexa network extensible platform that allows collateralizing coin transactions.
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