Hi all! I’m coordinating DeFi integrations for the Flexa team and our community. Given the multiple posts, I’m creating a new one here for our community to upvote. Please find our proposal below along with all relevant information on AMP/Flexa.
Proposal: We would like to have the staking of AMP in the Flexa Capacity contract (https://app.flexa.network/ ) added to the Zapper platform, similar to Compound’s integration.
Relevant information for the community on the AMP token and Flexa payment solution below:
Amp is the token used as collateral on the Flexa network (http://flexa.network). The token is staked by the community in the Flexa Capacity contract (https://app.flexa.network) to wallet projects in order to secure digital payments at merchants. There are currently two projects (Gemini Pay and SPEDN) that have integrated the custodial Flexa SDK to enable real-world spending at merchants like Nordstrom, Lowes, Gamestop, Petco, and Baskin Robbins (yum!).
Flexa is ranked #14 on DeFi Pulse with $140M locked, and #1, with 90% dominance, in Payments (https://www.defipulse.com/flexa).
*Note, Amp was formerly Flexacoin (FXC) but there was a 1:1 swap of the tokens starting in Sep 2020 due to an upgrade.
Stats for AMP token and Flexa contract
Max total supply: 100B
Circulating supply: 34.5B (26.9B AMP + 7.6B FXC that have not been converted to AMP)
Total value locked: $140,531,085.23
Technical resources
AMP staking contract address: 0x706d7f8b3445d8dfc790c524e3990ef014e7c578
AMP staking contract website: https://app.flexa.network/
Article features
Social Resources
Flexa Website: https://flexa.network/
AMP website: https://amptoken.org/