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HappyCoin is a community oriented digital currency that was designed to be used to buy goods and services in Thailand.The Amp Token is designed to enable more scalable collateralization options in the DeFi space.

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Company Description

HappyCoin is a Thai digital currency. It is designed to be used as a medium of exchange within Thailand. HappyCoin (HPC) has a hybrid consensus mechanism that combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS).

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.

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