What problem does this service solve?

Wixlar aims to be an all-in-one ecosystem for a variety of decentralized services.The Amp Token is designed to enable more scalable collateralization options in the DeFi space.

Token Stats

Company Description

Wixlar is an Ethereum based token that powers a variety of financial services within the Wixlar ecosystem. The Wixlar token is designed to be the medium of exchange in a network that will offer crypto debit cards, cloud storage, credit services, e-commerce, smart contracts, and other services.

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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