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Brian-Gray

Are AMP tokens serialized? I’ll be honest, a lot of

the white paper is over my head. What I mean is, when I send my amp from Gemini to MetaMask, is it the exact same tokens? Or just an equal amount of tokens? Or if I stake tokens, as long as they aren’t liquidated to cover a transaction, and then I unstake later, is it the same tokens I get back or just an equal number?

#amp #cryptocurrency #english
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Eli-

All amp tokens are fungible, not unique. If they were serialized they’d be NFTs. That said, when stake in place is activated, you would get back the exact same tokens you stake because they never leave your wallet. This could be a helpful feature for institutional custodians who cannot commingle funds with non-KYC’d customers because of AML rules and need to have provable certainty that the tokens they stake are the same exact ones they receive back.

0
17.06.2022

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