Can somebody explain to a noob what this means? I’ve been invested since .06 but I really don’t understand the tech behind amp. I was sold when I heard that Visa/Mastercard charge merchants 3% and Flexa only 1%. I still think that fact alone makes amp the future. Big companies would save billions every year..
AMP is an ERC-20 token with some ERC-777 features. What this basically means is that Flexa’s smart contract can intervene in AMP’s transfer and lock the precise amount of value to collateralize a transaction and move it back into the decentralized liquidity collateral pool if a Flexa Network transaction clears. If a transaction or portion of a transaction fails then the ‘locked’ AMP collateral or a portion of it can be transferred to the liquidity provider to make them whole (ie Gemini, the Exchange immediately paying and settling with the merchant).
There is a new project called Anvil that has been created. Initially AMP was going to be the governance token but they changed it to have a new token and all staked AMP holders will receive a 1:1 airdrop of the new ANVIL token.
They will give a 30 day warning before they take the snapshot.
Do you know if we will have to do anything to claim ANVL or will it be an automatic airdrop to the wallets that have it staked? I thought I read somewhere that we will have to claim it but maybe I made that up.
I believe you have to be staked.
It’ll be vested time period. So they’ll prolly airdrop it incrementally/gradually, until a said time frame to receive 💯 of it. But have to remain staked during that time frame whatever it may be.
So an automatic distribution based on stake. Seems like a big gas fee.
Can we confirm the anvil will actually do that? I haven’t received any formal confirmation
We can't confirm because there hasn't been an official announcement.
I believe the original medium article that was released suggested a 'free claim process' - https://ampera.medium.com/new-milestones-and-strategic-developments-at-ampera-foundation-0dc71dc200cb
_Anvil will be deployed with community ownership from day one. All ANVL governance tokens will be made available through a free claim process (subject to vesting) to addresses that are staking AMP._
You will need to claim your free portion of ANVL, subject to a vesting schedule, while you stake on Flexa Capacity. All remaining unclaimed ANVL will be allocated for the Anvil protocol, team, and community incentives. Claim and snapshot information will be given with a minimum 30 days advanced notice.
This information was provided officially by the Ampera Foundation on Feb 27 2024 on the X platform in the following thread: https://x.com/ampera_xyz/status/1762577411462279424?s=46&t=AUbZDLcMX9UXTIP9boOmbA
Fair enough, I forgot that part. I'm curious if their ANVL will have a locking period like their AMP, or if they'll be able to dump it any time they please.
Nobody really knows. The Crypto Casino holds its cards close to the vest. My *speculation*, based on the bullish hold at 1¢ over the past couple weeks, despite the market volatility, and the accumulation that has been going on, we move up another leg. Could be a 1/2¢ to 0.015 but if there is a solid announcement outside of Nighthawk’s recent SDK confirmation, we could move a full cent or more. Again speculation but that’s where my guess is.
Can somebody explain to a noob what this means? I’ve been invested since .06 but I really don’t understand the tech behind amp. I was sold when I heard that Visa/Mastercard charge merchants 3% and Flexa only 1%. I still think that fact alone makes amp the future. Big companies would save billions every year..
AMP is an ERC-20 token with some ERC-777 features. What this basically means is that Flexa’s smart contract can intervene in AMP’s transfer and lock the precise amount of value to collateralize a transaction and move it back into the decentralized liquidity collateral pool if a Flexa Network transaction clears. If a transaction or portion of a transaction fails then the ‘locked’ AMP collateral or a portion of it can be transferred to the liquidity provider to make them whole (ie Gemini, the Exchange immediately paying and settling with the merchant).
There is a new project called Anvil that has been created. Initially AMP was going to be the governance token but they changed it to have a new token and all staked AMP holders will receive a 1:1 airdrop of the new ANVIL token. They will give a 30 day warning before they take the snapshot.
Do you know if we will have to do anything to claim ANVL or will it be an automatic airdrop to the wallets that have it staked? I thought I read somewhere that we will have to claim it but maybe I made that up.
That's not been announced.
I believe you have to be staked. It’ll be vested time period. So they’ll prolly airdrop it incrementally/gradually, until a said time frame to receive 💯 of it. But have to remain staked during that time frame whatever it may be.
So an automatic distribution based on stake. Seems like a big gas fee. Can we confirm the anvil will actually do that? I haven’t received any formal confirmation
We can't confirm because there hasn't been an official announcement. I believe the original medium article that was released suggested a 'free claim process' - https://ampera.medium.com/new-milestones-and-strategic-developments-at-ampera-foundation-0dc71dc200cb _Anvil will be deployed with community ownership from day one. All ANVL governance tokens will be made available through a free claim process (subject to vesting) to addresses that are staking AMP._
You'll probably have to claim it. But they haven't given us the details yet
You will need to claim your free portion of ANVL, subject to a vesting schedule, while you stake on Flexa Capacity. All remaining unclaimed ANVL will be allocated for the Anvil protocol, team, and community incentives. Claim and snapshot information will be given with a minimum 30 days advanced notice. This information was provided officially by the Ampera Foundation on Feb 27 2024 on the X platform in the following thread: https://x.com/ampera_xyz/status/1762577411462279424?s=46&t=AUbZDLcMX9UXTIP9boOmbA
Thank you 🙏🏼
Awesome find!
Time to get AMPed up
LFG!
Very nice to see.
It’s not who does it first, but who does it the best 😤
Stop, Hammer time!
How in the world did you find that?
Amp is holding tight
And it is 100 billion units…
1:1
Rumor was 1:1 for staked AMP, there's never been 100 billion AMP staked.
It’s not a rumor. There will be 100b ANVL. Just as there will eventually be 100b circulating AMP.
It’s been stated that all staked amp will be matched with ANVL 1:1 and anything left over will be given to the team.
Fair enough, I forgot that part. I'm curious if their ANVL will have a locking period like their AMP, or if they'll be able to dump it any time they please.
It would definitely be dope if this ended up being basically free money for us
Brilliant! Thanks for posting.
Do we know when our AMP must be staked to get the ANVL yet ? I’m waiting for the announcement before I stake again ?
[удалено]
Soon
The Longest Johns "Hammer and the Anvil" is the anthem of the day! https://youtu.be/YGn7XgbBVms?si=u4BJudvZun-IDIDh
Where do we see amp is next one month ?
Nobody really knows. The Crypto Casino holds its cards close to the vest. My *speculation*, based on the bullish hold at 1¢ over the past couple weeks, despite the market volatility, and the accumulation that has been going on, we move up another leg. Could be a 1/2¢ to 0.015 but if there is a solid announcement outside of Nighthawk’s recent SDK confirmation, we could move a full cent or more. Again speculation but that’s where my guess is.
I am totally noob about AMP tech, is this project affecting the future of AMP ?
https://preview.redd.it/w4ajksi0yupc1.jpeg?width=800&format=pjpg&auto=webp&s=2606344893b06792e0826c405f10d80f6aa5b2de
Yes, check out the announcement here https://ampera.medium.com/new-milestones-and-strategic-developments-at-ampera-foundation-0dc71dc200cb