Amp in Hashdex DeFi ETF; The Block Research on finality; Amp now on KuCoin
Amp in Hashdex DeFi ETF; The Block Research on finality; Amp now on KuCoinThe Amp Community Digest for Friday, February 25, 2022Amp made its mark in Brazil this month as part of the Hashdex DeFi ETF launched February 17, Kucoin listed the AMP–USDT pair, Atomic Wallet added Amp, and SimpleHold added Amp to its non-custodial wallet. For new community members, check out previous issues on Substack and subscribe to stay up to date. For additional, more frequent updates, make sure to join the Amp community on Discord and Twitter. In case you missed it…Amp included in Brazil’s Hashdex DeFi ETFHashdex, the largest asset manager in South America, included Amp as one of twelve assets in the world’s first DeFi ETF (ticker DEFI11). The ETF, which launched February 17th on Sao Paulo’s B3 exchange, tracks CF Benchmark’s Modified Composite Index and shows the building global interest in gaining exposure to top DeFi assets. The Block publishes paper on blockchain finalityFlexa commissioned a deep dive into finality, a crucial concept that is vital to understanding digital payments. What is finality? When is a transaction irreversible? Do proof-of-stake networks provide universal, instant finality? The Block team dives into all those questions and more in this excellent primer. Amp on Kucoin, Atomic Wallet, SimpleHold, RocketXKucoin, a top-ten global cryptocurrency exchange, made an AMP–USDT pair available for trading on February 3 and opened withdrawals the next day. In addition, Atomic Wallet added the AMP–USD pair and SimpleHold added Amp to its non-custodial wallet. RocketX added the AMP–ETH pair to its DeFi/CeFi exchange aggregator. Metrics updateCurrent TVL of Flexa Capacity — $827.3 millionEarn rewards for staking your Amp on the Flexa network toward the apps and network transformers below: Did You Know?Each new wallet app on the Flexa network needs its own Amp collateral pool to ensure that it can operate independently without risk from other pools. DeFi and payments newsSolana launches native payment frameworkSolana launched its native payment protocol, Solana Pay, earlier this month, enabling a set of products for users to pay for goods and services over the Solana blockchain. Though currently in early stages, Solana Pay signals increasing attention and investment into digital payments. As an asset-agnostic payments network, Flexa will look to build collaboratively with all players attempting to improve payments. Apple launches in-person payments using Apple PayApple announced contactless in-person payments using iOS devices, to launch later this year: “The service will allow merchants to use iOS devices to seamlessly and securely accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone.” Apple’s announcement demonstrates continued digital payments momentum in 2022, even outside of the crypto industry. Fed releases digital dollar research reportThe US Federal Reserve released its much-anticipated report on digital dollars, “Money and Payments: The U.S. Dollar in the Age of Digital Transformation.” The 35-page report walks through existing forms of money, current and recent improvements to the payments system, and benefits and risks of CBDCs. Banks rush to crypto to keep deposits from leaving customer accountsAs the crypto ecosystem matures, banks are looking to add crypto services to supplement their current offerings. Doug Brown, President of NCR Digital Banking, commented “With banks [and credit unions] we’re seeing... a lot of interest, and it’s following that cadence, moving from speculative to strategy to execution. C-levels are now engaging and focusing on it because they’re getting inbound inquiries and customers asking for it.” Boston Fed and MIT build high-performance CBDC on OpenCBDCA report released earlier this month as a result of the multi-year ‘Project Hamilton’ collaboration between the Boston Fed and the Massachusetts Institute of Technology described a theoretical high-performance transaction processor for CBDCs built on top of the open-source project OpenCBDC. According to the report, the processor can handle 1.7 million transactions per second with finality under 2 seconds. From the communityCommunity member @bubby_io created an Amp analytics dashboard for the Amp community to better understand Amp’s growth in usage since inception. Tweet of the weekThanks for tuning in! Remember to look for more frequent updates of all things Amp on Discord and Twitter. If you liked this post from Amp Community Digest, why not share it? |
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Grayscale adds Amp to DeFi index fund; Amp on Vauld; Flexa at NRF 2022; Bancor LP fee increase
Friday, January 21, 2022
The Amp Community Digest for Friday, January 21, 2022
25 Days of Flexa; Flexa Rewards at Regal; fireside chat with Terraform Labs; Bancor double rewards
Friday, December 31, 2021
The Amp Community Digest for Friday, December 31, 2021
Regal partners with Flexa; Amp live on Binance; Amp vault launched on Unipilot
Friday, November 26, 2021
The Amp Community Digest for Friday, November 26, 2021
Amp Community Grant Program established; second proposal vote now live; Flexa delivers keynotes in Europe
Monday, November 8, 2021
The Amp Community Digest for Friday, October 8, 2021
Flexa on London Real; Amp replacement program; Community Grant Program feedback requested
Monday, November 8, 2021
The Amp Community Digest for Friday, October 29, 2021
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