Amp will retain Flexacoin’s fixed and fully diluted supply of 100 billion tokens, as well as the same long-term token distribution and supply curve that have previously been outlined.Īs of today, Flexa has begun using Amp as the primary collateral for securing all transactions on its pure-digital payments network. Therefore, Amp was necessarily developed as a new, separate token, which is now available to be migrated from Flexacoin at a rate of 1:1.Īlthough the functionality of Amp as collateral vastly exceeds that of its predecessor, the supply and economics of Amp remain identical to that of Flexacoin.
#Amp coin team upgrade#
" Because of the nature of the interfaces required to implement the new capabilities of Amp, it wouldn’t have been possible to simply upgrade the Flexacoin token using its existing smart contract or at its existing contract address. Flexacoin has migrated completely towards Amp:
Came out of a partnership between Flexacoin and Consensys."A new token and staking platform that has been designed to support the instant, transparent, and verifiable collateralization of any type of value transfer - whether fast or slow, digital or physical, like-kind or multi-asset." History
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