Theoretically, the more merchants that accept crypto payments via Flexa, the higher the staking yield- where the staking yield comes from real-world use and does not depend on constant token inflation. The merchant can accept instant (zero confirmation) payments since they are insured against loss, and AMP stakers receive a passive income while accepting the risk that a small portion of their tokens could be sold to reimburse a merchant. With this model, you can see how AMP and Flexa work together to create a decentralized solution to crypto payments. Additionally, the 1% transaction fees that each merchant pays are used to buy AMP on the open market to be distributed to AMP stakers. If a merchant were to not receive their crypto payment staked AMP gets liquidated to cover the loss. This stakes AMP and then acts as collateral against loss. First investors purchase AMP and stake it on the Flexa network. The Flexa fee is usually about 1% (compared to 3% from most credit card companies), but if a customer pulls off a double spend or there is some other problem with the crypto payment, the Flexa network reimburses the merchant.ĪMP in practice AMP tokens can be used as collateral through a simple process. The merchant pays a fee to accept cryptocurrency payments via the Flexa network. By using AMP to insure against loss, the Flexa network allows a merchant to accept an instant crypto transaction. That long wait time is what AMP and Flexa aim to solve. With cryptocurrencies, such as BTC for example, even though a transaction may show up in a receiver's wallet within seconds, the transaction is not fully confirmed until much later (30 to 60 min in most cases). Our technical indicators show that the current Amp sentiment is Neutral.A brief history Built through close collaboration and partnership between Flexa and ConsenSys, Amp is a new staking platform designed to support the instant and verifiable collateralization of any type of value transfer. Learn more about Amp and its position in the market on our Amp price prediction page. Thanks to its impressive 26.83% performance, Amp is today's coin of the day! Amp is currently trading at $ 0.010863. Hive Token, Celsius Network and 0x round out today's top 5 worst performers. ![]() Terra Classic also didn't perform well, as its price declined by -15.69% in the last 24 hours. The worst performer in the cryptocurrency top 200 was TerraClassicUSD, which saw a loss of -30.84%. Unfortunately, not all coins performed well today. Today's Top Losers are TerraClassicUSD, Terra Classic, and Hive Token PlayDapp, Amp and Titanswap complete today's list of the top cryptocurrency gainers. came in second place, with 24-hour gains of 44.76%. Thanks to a 98.52% price increase, Numeraire was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Today's Top Gainers are Numeraire,, and PlayDapp The bulls dominated the market today as 59% of coins gained value in the last 24 hours. UNUS SED LEO, which was previously ranked 11, is ranked at 10.There were also some changes today in the ranking among the top 10 biggest coins by market cap. Amp price today is 95.19 below all time high, and it is 633.47 above all time low. Currently, Amp rank on the market is 152. Talking about circulating supply, AMP has 42,227,702,186 coins. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction. It’s important to note that current Amp market capitalization is 246,120,193.53, and the maximum supply is 99,444,125,026 AMP coins. ETH decreased by -3.00% in the last 24 hours. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.Įthereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,060.72 and has a market capitalization of $ 128.73B. According to our forecast, the value of Bitcoin will drop by -4.86% and reach $ 18,527 by July 6, 2022. Top Coins By Market CapĪt press time, Bitcoin has a market capitalization of $ 371.57B after losing -2.66% in the last 24 hours. The total crypto trading volume declined by -1.95% in the same time frame.īitcoin is trading at $ 19,473 after seeing a -2.66% loss in the last 24 hours.The Bitcoin dominance fell by -0.20% and BTC currently represents 41.18% of the cryptocurrency market. ![]() ![]() The total cryptocurrency market cap is currently $ 902.35B after a -1.95% decrease on the day. All prices and changes are presented at the time of publication: July 1, 2022, at 06:00 UTC.The total crypto trading volume decreased by -1.95% in the past 24 hours, and is currently at $ 274.89B.The Bitcoin price at press time is $ 19,473 after falling by -2.66% in the last 24 hours.The total cryptocurrency market cap decreased from $ 920.32B to $ 902.35B in the past 24 hours, representing a -1.95% change.
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