Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer.
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- What is Amp?
- Who is the Team behind Amp?
- How was Amp launched?
- How to stake AMP?
- How much can I earn Staking AMP?
- Any risks to staking AMP?
Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
Amp was developed by Flexa and Consensys.
Flexa’s private sale of its AMP token ended Nov. 20. Newly disclosed players include Compound Finance founder Robert Leshner’s Robot Ventures II, Starwood Capital founder Barry Sternlicht, AlpInvest founder Volkert Doeksen and Innopay founder Douwe Lycklama.
At this time we are tracking AMP lending, you can lend AMP to a custodial lending provider to earn an APY.
Based on current market examples you can expect to earn a baseline APY of around 2%.
There is a risk associate with custodial lending, please research accordingly.