Topic: 💎 AMPLIFY: Decentralized Financial Infrastructure 💎 - page 10. (Read 2625 times)

AMPLIFY Website Updated!

Our attentive subscribers must have noticed that AMPLIFY website design has been changed. Here’s what’s new on our website:

☑️ It now features a video on our MVP that will give you a good idea of how the AMPLIFY project will work;

☑️ The "Team" section has grown: you can learn more about the people who make up the Amplify team;

☑️ We have also updated the project’s Roadmap so that you can always see our plans for the future.

💻 Visit https://ampt.tech and see the redesign for yourself — we will be grateful if you share your opinion in the comments below!

How much volume is generated on the platform? Where can we see the statistics?

Have you read something about before asking?

How are DeFi currencies different from other cryptocurrencies?

We continue discussing DeFi, and in today’s post we would like to answer the question of how are DeFi currencies different from other cryptocurrencies?

Even though all cryptocurrencies are inherently decentralized, projects that leverage this technology are often the opposite. This includes various cryptocurrency exchanges, loan platforms, prediction markets, etc. Both options have their pros and cons:

🔘 CeFi pros: high flexibility and liquidity. More effective tech support. Professional asset custodianship. Rapid adaptation to client demands. Cross-chain swaps. No issues with exchanging BTC for XRP or LTC for ETH on a centralized exchange. Fiat support.

🔘 CeFi cons: all assets stored on the platform are outside of reach for the user and are thus vulnerable to threats capable of breaching the security system.

🔘 DeFi pros: user has full control and responsibility for his assets and sensitive information. No human factor — all transactions are carried out through automated smart contracts. Full access from anywhere with an Internet connection. Open source. Innovative.

🔘 DeFi cons: as a rule, it is tied to one blockchain (most often Ethereum). This negatively affects asset liquidity.

DeFi platforms and tokens are becoming more and more widespread and now cover almost all facets of financial activity where it was previously impossible to do business without the help of middlemen.

How are the talks with  exchanges going?

ok interesting. What is the best way to track the price of this token?

How do you take care of data security? There are currently a lot of security attacks in the crypto world.

Each member of our team has experience in blockchain. Read more on our website ampt.tech

DeFi Digest: Main Stories This Week

📅 08.02.2021 - 14.02.2021

After climbing $7B from $28B to $35B last week, DeFi’s total value locked (TVL) surged another $4.9B in recent days to its current reigning all-time high of $39.91B. The pace of growth lately has just been incredible!

🔻 This is great news! But we also want to share last DeFi stories with you:

🔘 Degenerative Finance Presents “uSTONKS”
The Yam Finance-backed Degenerative Finance Platform launched uSTONKs, a series of major tokenized assets that users can go long or short on or even put to use in liquidity mining campaigns.

🔘 1inch’s joint liquidity program with Tornado
DEX aggregator 1inch joined forces with privacy protocol Tornado.Cash to offer joint liquidity mining rewards around 1inch’s ETH/TORN pool.

🔘 Bancor Progress Update (February 2021)
The Bancor team details recent advancements around the protocol, like the project’s 2,000% TVL surge since the launch of Bancor v2.1.

🔘 UMA KPI Options and Airdrop
The UMA Protocol team unveils a new incentivization mechanism dubbed KPI options, which are options on DeFi projects’ TVLs and thus incentivize holders to grow those TVLs.

🔘 DeFi: On Blockchain- and Smart Contract-Based Financial Markets
The St. Louis branch of the U.S. Federal Reserve released a research report exploring the possibilities of the nascent DeFi ecosystem.

🔘 Partnering to Build Best-in-Class BTC Vaults
Badger DAO has partnered with Yearn in a collaboration that will see Yearn-developed BTC vaults directly within the Badger app and beyond.

🔘 Three Arrows and DeFiance Capital join $12M Balancer Series
The Balancer team’s Series A funding round has risen to $12M thanks to a newly combined investment of $5M from prominent crypto VC firms Three Arrows Capital and DeFiance Capital.

The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.

Did you initiated smart contract audit already?

There were lot of such projects before which turned out to be  SCAM. There were even projects whose advisors were previous Linked in directors etc and turned out to be  SCAM.

so, there is no insurance as such? If for whatever reason you turned out to be a scam then the investors can't get the money back?

Cheers

Who are the expert on blockchain in the team?

our biz direction is B2B2 C, and if we will not be focusing on product development of meant to be scam.

We are also being accepted in renowned incubator programs which has strict requirements.

using crypto as basis for supply chain financing, so far none. But we hv competitors for supply chain financing using fiat.

Min. Purchase is $1000

Once we are listing in exchange

 Do we have any updates regarding the exchange listing?

What are ETH smart contracts?

Smart contracts are applications that run on the Ethereum Virtual Machine (EVM). These are applications that are executed automatically upon fulfilling certain prerequisites set by their programmers.

Smart contract advantages include a built-in protection from the human factor. Nobody can tamper with a smart contract, and there is no need to trust the third party to release money on time or validate a transaction. What’s also important is that the contract runs on the blockchain, and will continue to work for as long as there is electricity and the Internet on the planet, regardless of the status of the developer's website or other external factors.

Smart contracts are used for a myriad of applications, from data storage to crowdfunding. With that said, they are completely transparent and anyone can monitor the current state of the smart contract as well as audit all the transactions it has been a part of through a blockchain explorer such as Etherscan.

At AMPLIFY we are also using smart contracts to achieve full transparency and accountability!

what is the gurantee that it won't be another SCAM project?  any insurance etc?

Thanks

Do you think you have any competitors?

What minimum buy token?

When listed on CoinGecko?

We would like to remind you that you can buy AMPT tokens on the Emirex exchange.
🔸 Token name: AMPT Token
🔸 Ticker: AMPT
🔸 Type: Utility token
🔸 Blockchain: Ethereum
🔸 Total token supply: 100.000.000 AMPT
Don’t miss your chance! Follow the link to learn more about the Amplify project and the terms of the token sale: https://emirex.com/investments/sfc/7

more info ampt.tech