Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing
The world’s largest digital asset manager announced the updated weightings on Monday.
46% of total supply
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Amp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.
The price of Amp has fallen by 5.56% in the past 7 days. The price increased by 0.76% in the last 24 hours. In just the past hour, the price grew by 0.53%. The current price is $0.01323 per AMP. Amp is 88.97% below the all time high of $0.12.
The current circulating supply is 42,227,702,186 AMP.
Amp was mentioned in 531 out of 1,859,602 social media posts on Twitter and Reddit on May 23, 2022. 292 unique individuals are talking about Amp and it is ranked #196 in most mentions and activity from collected posts.
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