Persistent rumors that Chicago trading giant Jump might be interested are not backed by hard evidence. Is Chicago trading giant Jump going to use AMP?
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Tezos pool pays the best APY at the moment, of 9.76%Īnother variable to consider is the possibility that the far bigger growth potential for AMP could be from institutional and pro traders accessing its collateral pools. Staking AMP towards a variety of crypto assets currently earns an APY of between 6 and 10%, depending on the collateral pool. Such a move could dramatically and rapidly increase the adoption of Flexa.ĪMP has a circulating supply of 42.23 billion and a total supply of 100 billion, according to Coinmarketcap.
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The post is intended as an answer to critics who say that the full rollout of Flexa Payments has still not begun since the product was introduced on 27 April this year.Īlso, it should be noted that the Amp governance proposal in March this year to distribute 1% of the fixed total supply to the developers of Flexa-enabled application is yet to be rolled out, so that may be imminent. The reddit post by MaazLife is entitled: "If You Thought Flexa Wasn't Getting Things Done Take A Step Back And Look At This", and includes a handy list of milestone announcements.
This adds weight to the theory that an appearance at Mainnet by founder Spalding could be highly significant. On the announcement side, a poster on Reddit 17 hours ago speculates that going by the average flow of announcement frequency, the project is well over due to make some. The greater the volume going through Flexa, the more rewards there are for stakers from the fee charged on each transaction – stakers are the ones providing the assets for collateral pools via Flexa Capacity.
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Some in the community are expecting an announcement to be forthcoming on the status of payments being made direct on apps as opposed to the point of sale service that is now being used by more than 41,000 merchants in the US and Canada.įlexa adoption is probably being helped by there being no need of any extra hardware or complicated software upgrades. Amp price – what is behind the pump in the price?Īlthough there is no solid news Flexa founder Tyler Spalding is speaking at Messari's Mainnet event on 22 September. However, the Amp price was severely impacted after it was delisted by Binance.US following the SEC's mention of the coin as an unlisted security. That is extremely useful for payment networks such as Flexa that provide consumers with a way of spending their crypto and merchants a way of accepting the value held in those assets.įlexa instantly converts from crypto to fiat, so the merchant never has to handle the crypto, and therefore does not assume the risk burden of the price changing in a direction that could lead to losses. The unique selling point of Amp is that it provides instant verifiable collateral to users of its base layer. Indeed, it was Chipotle's clever "buy the dip" marketing campaign around accepting crypto payments earlier this year that put Amp, and the Flexa network that runs on top of it, on the map. Using SPEDN you can spend 25 or more crypto at physical stores, with Chipotle among them. Amp unique selling point – instant collateral The Amp crypto asset will be known to many as the platform that hosts the Flexa instant crypto payments app, which in turn powers the SPEDN app. We set you up with your own Latin American-based team in a co-employed environment to support human-related functions.Īnd to complement both offerings, we have ProfitQuest, providing training, coaching, strategic planning, and industry networking designed to accelerate your company development and profitability – preparing and positioning your company to effectively compete and scale.Amp price (AMP) is red hot today, making it the standout performer in Sunday crypto trading action, up 34% at $0.00763. We can set up a virtual assistant, called TABi, to automate highly repetitive processes. Our approach is simple – We provide a platform and process to make it easy for you to source and hire individuals or teams in Latin America (and globally) to support your organization’s growth. We know that finding cost-effective, top talent in your community continues to be a significant obstacle to your growth. Through our co-employed talent, intelligent automation, and training platform, we help companies to optimize their processes, accelerate their growth and boost their positioning in the marketplace Hubtek is a tech-enabled talent, training, and automation solutions provider.
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