AMP

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 is a digital collateral token that provides instant, verifiable assurance for any real-world application. Developed by Flexa and ConsenSys. Amp provides assets like XTZ with instant, verifiable assurance for any real-world application.