#Can Amp (AMP) make money from Collaterialization?
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empresa-journal · 1 year ago
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Can Amp (AMP) make money from Collaterialization?
Amp (AMP) is a decentralized finance (DeFi) they built for collaterialization. Collaterialization is the process of using assets as collateral for lending and credit. They claim Amp can instantly verify assets for lending and other DeFi applications. For example, Amp could verify that a borrower has USD Coin (USDC) in her wallet when approving a loan. Thus, Amp is an extensible platform that…
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