209 похожих чатов

Can someone please explain in basic terms? If collateral is

through anvl pools what exactly is the purpose of amp and its partition? Basically do i need to buy anvl? (I missed snapshot)

14 ответов

1 просмотр

No one *needs* to buy ANVL

If you want to participate in Anvil protocol governance, then you want ANVL in order to vote. AMP will still be used as collateral, but the mechanism responsible for staking, pooling, claiming, etc, will be through Anvil

Crypteacher-Life Автор вопроса
Neemur Holtrey
If you want to participate in Anvil protocol gover...

In all honesty I am not too fussed about voting, i would fundamentally like financial exposure to flexas potential success. Previously my understanding was that amp had some correlation there. But if capacity can be managed through anvl, then why use amp at all vs tokens with deeper liquidity?

Crypteacher Life
In all honesty I am not too fussed about voting, i...

the tokenomics of AMP doesn't change. you still have the same exposure to flexa's success

Crypteacher Life
In all honesty I am not too fussed about voting, i...

https://x.com/KITKATGO/status/1847388228531474794 read this thread

Crypteacher-Life Автор вопроса
Kevin
https://x.com/KITKATGO/status/1847388228531474794 ...

Thanks, super helpful, that guy clearly had the same initial reaction as me. I guess i just dont undsrstand why flexa would continue to use amp as collateral if they could use other assets, given they wod no longer need amps unique characteristics

Crypteacher Life
In all honesty I am not too fussed about voting, i...

I think your question "why use amp at all vs tokens with deeper liquidity" is valid and is a question I've had to rehash several times in the last few years since speculation on what the Anvil protocol would allow for. I think it comes down to the fact that you actually want a token that will increase in price as demand for the network goes up, unlike if you were to use a stable coins

Neemur Holtrey
If you want to participate in Anvil protocol gover...

What does this mean to AMP token itself. What are the potential upsides and cons?

Crypteacher-Life Автор вопроса
Neemur Holtrey
I think your question "why use amp at all vs token...

But if you have enough liquidity to realistically cover all collateral requirements (eg btc eth) then I'm not sure it is so necessary. Interesting to see where this goes.

Crypteacher Life
But if you have enough liquidity to realistically ...

its also been discussed that using a token that is exclusive to the ecosystem limits the risk exposure from outside events with other tokens. Like if there were to be some sort of big market event surrounding BTC or ETH, it would have a direct impact on Flexa Network. With Amp its intended to be more isolated.

Crypteacher-Life Автор вопроса
amp is the way
its also been discussed that using a token that is...

Thankfully btc or eth having a bad day has never affected amp price 😉

amp is the way
screenshot A follow up from Trev on a similar question.

Thanks. This certainly clarifies why we should be bullish amp

Похожие вопросы

Обсуждают сегодня

Ready for some fun AND a chance to win TKO Tokens? Join us for exciting minigames in our Telegram group! 🕒 Don’t miss out—games start on today 25 October 2024, at 8 PM! Ge...
Milkyway | Tokocrypto
253
------------------------------------------------------------------------------ 📢 MAJOR ANNOUNCEMENT: HSUITE ECOSYSTEM UPDATE 📢 @everyone Dear HbarSuite Community, After month...
Big Stones
3
VIP-391 Multichain Governance - Permissions on Ethereum, Arbitrum one and opBNB Summary If passed, following the Community proposal “Venus Upgrade - Omnichain Money Markets”...
Venus Announcements
6
isnt that how its called? lol
Hobbyist
34
Just reading how the BIS is stepping away from project mbridge because sanctioned countries are part of the project. So since quant is a British company, surely they will be f...
Bird
12
Hey Oceaners ! How can we protect cognitive liberties in the age of BCIs?🧠💻 Join the @foresightinst & @protocollabs afternoon session & get answers directly from the pioneer...
Stip11 | Never DM First
8
Let's say the current price of BCH is 400$, and average fee for transaction is .1$ If the price jumps to let's say 4000$, transaction fee should be 1$ ? I don't know exactly ...
Mohamed
28
I am quite worried about the latest news. While we all be waiting for the announcement of the Launch date, we are receiving some last minute breaking infrastructure changes?! ...
yg
6
ok, but what is the procedure exactly to go from the community proposal to snapshot voting? Is every proposal put up to a vote?
Bert J. T.
10
Rickert: Hi @PiterSpain any idea if there are plans for wink token now the Oracle will be discontinued? Hopefully they can bring back the casino? Or will wink disappear? @sim...
Rickert
2
Карта сайта