AMP, the Amp blockchain's native cryptocurrency, is a digital collateral token meant to speed up transactions across cryptocurrency networks, including the world's two largest, Bitcoin and Ethereum.
Amp does this by allowing users to utilize AMP tokens as collateral for Bitcoin, Ethereum, and other cryptocurrency transactions. If a transaction takes too long or fails, AMP tokens are liquidated to cover the expenses, ensuring that the receiving party is compensated.
Amp supports a broad range of collateralization scenarios and introduces the notion of predetermined partition techniques, which can enable unique features like collateral models, that allow tokens to be staked without ever leaving their originating address.
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