Amp Token

by Flexacoin

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Ampleforth Token

by Ampleforth Foundation

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Energi Coin

by Energi

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Amp Token

by Flexacoin

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Ampleforth Token

by Ampleforth Foundation

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Energi Coin

by Energi

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What problem does this service solve?

The Amp Token is designed to enable more scalable collateralization options in the DeFi space.Ampleforth's goal is to serve as an elastic cryptocurrency that will be less correlated to the price of Bitcoin, and will allow investors to diversity their Crypto portfolios.Energi hopes to encourage cryptocurrency adoption by providing a self-funding system of incentives to its developers and network operators.

Token Stats

Company Description

The Amp token is a digital collateral token that is specifically designed to enable the decentralized collateralization of digital asset transactions. It evolved from what was previously known as the Flexacoin network, and is meant to allow the token to better facilitate recent innovations related to borrowing and lending in the DeFi space. The Amp token's supply was created by burning the existing supply of Flexacoins, which were exchanged for the new token at a rate of 1:1. Amp will improve upon Flexacoin’s collateralization features with a new architecture that will allow for the implementation of additional on-chain supply operations and more collateral-related DeFi options.

The Ampleforth token is a cryptocurrency with a variable supply. The total number of Ampleforth tokens in circulation changes daily and is adjusted according to the overall demand. The Ampleforth protocol is non-dilutive and ensures that the adjustments in supply that result in response to changes in demand occur proportionally across all the wallets in the network. This ensures that the percentage of each token holders overall ownership of the network remains stable, despite the adjustments in the overall token supply. The protocol is designed to reduce the correlation of the price of Ampleforth to the price of Bitcoin.

Energi Coin is a Proof-of-Stake (PoS) cryptocurrency that combines smart contracts, decentralized governance, and a self-funding treasury. Energi was founded by Tommy World Power, with the goal of creating a more sustainable cryptocurrency that had the potential for mass adoption. Energi Coin's funding model is a built-in to the protocol and fuels the growth of the project. Aa portion of freshly-mined coins is assigned to the Treasury. The treasury allows the project to fund not only development, but also support, operations, and marketing. The founder, Tommy World Power personally funded the initial development of the project. Energi is currently shifting to a Solidity-based smart contract platform that will combine all of Ethereum’s existing capabilities with Energi’s unique governance and treasury model.

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