See the official announcement.Discord (Description provided by CryptoCompare. Each collateral partition can be endowed with its own set of rules regarding transfer hooks and privileges, and can also implement a predefined partition strategy in order to enable special capabilities (e.g., collateral models in which tokens are staked without ever leaving their original address).On Tuesday, September 8, 2020, Flexacoin ($FXC) became available to migrate to Amp ($AMP). Collateral partitions represent subsets of Amp tokens that provide collateral for particular purposes, and are distinguished on the Ethereum blockchain with unique partition addresses. In the event that consensus is not achieved for the transfer, the Amp collateral can instead be liquidated to cover losses.Flexa uses Amp to secure transactions and build networks that accrue value both securely and transparently.At the core of the Amp collateral model is the concept of the collateral partition. Amp tokens used as collateral are generally released when consensus for a particular transfer is achieved, making them available to collateralize another transfer. Amp is a digital collateral token designed to facilitate fast and efficient value transfer, especially for use cases that prioritize security and irreversibility.As collateral, Amp insures the value of any transfer while it remains unconfirmed-a process which can take anywhere from seconds to hours to days. This is an ERC-20 token used within networks like Flexa and allows users to pay for goods or services with supported crypto while the vendor can receive the payment in fiat currency. 7 Dividend Aristocrats to Help You Take the Bite Out of the BearĪmp is the evolution of Flexacoin ($FXC). AMP is a digital token that is used as collateral to provide users with instant and secure payments.10 Recession-Proof Stocks That Will Let You Wait Out the Bear.7 Stocks with the Pricing Power to Push Through High Inflation.Accelerate delivery of services to meet the. 7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Rates Why IdRamp Tired of long integrations with massive backlogs Bring order to your identity management chaos.7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time.7 Stocks to Buy to Outrun Rising Interest Rates.7 Sports Betting Stocks to Buy for Their Long-Term Possibilities.7 Water Stocks to Buy as the World Dries Up.7 Solar Stocks Leading the Clean Energy Boom.7 Railroad Stocks to Keep Your Portfolio Chugging Along.7 Agricultural Stocks to Buy to Keep Your Portfolio Well Fed.Mullen Automotive Is Ready To Get In Gear.Can United Natural Foods Fight Both Inflation and the Fed?.Can HCA Healthcare Weather the Normalization?.This Little Known Small Cap Is Up 139%: Is The Stock A Buy?.Blackberry Stock Declines As Results Come In Lukewarm Once Again.What Cintas Can Teach Investors About This Bear Market?.This Small-Cap Healthcare Name Is Outperforming Its Index.Humana Proves Vertically Integrated Healthcare Works.The Trader's Guide to Equities Research.When Luna crashed, they said they lost $17,000. One member of the forum, No-Forever2056, said in a post that they had thought about cashing out when Luna was trading at $100 in March and early April, but held off to see if they could earn enough for a down payment on a house. “For everyone panicking, here are some National helpline numbers,” the title reads.Ī barrage of posts in the forum lay out the experience of dozens of users who say their investments in Luna have led them to lose anywhere from thousands of dollars to their entire life savings. Now, the pinned post on u/TerraLuna, a Reddit forum dedicated to the Luna cryptocurrency, is a series of links to help lines around the world, including the National Suicide Prevention Lifeline. As of Wednesday, UST had still not recovered its dollar value, and Luna was trading down more than 90% at $1.79. Luna, its sister cryptocurrency that is tied to the price of UST and is used to “stabilize” UST’s dollar peg, lost 97% of its value between Tuesday night and Wednesday morning. dollar last week and has dropped to as low as 30 cents. TerraUSD (UST), an algorithmic stablecoin that should always be worth $1, lost its peg to the U.S.
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