Amp is a universal collateral token designed to facilitate fast and efficient transfers for any real-world application. When using Amp as collateral, transfers of value are guaranteed and can settle instantly. While the underlying asset reaches final settlement, a process that can take anywhere from seconds to days, Amp is held in escrow by a collateral manager. Once the transaction successfully settles, the Amp collateral is released and made available to collateralize another transfer. Amp exists to serve as universal collateral for anyone and any project.
Amp is a fundamental building block for the future of digital and physical transfers. Its exclusive purpose is to serve as collateral for any asset transfer.