Amp is a digital collateral token designed to facilitate fast and efficient value transfer, especially for use cases that prioritize security and irreversibility. As collateral, Amp insures the value of any transfer while it remains unconfirmedu2014a process which can take anywhere from seconds to hours to days. Amp tokens used as collateral are generally released when consensus for a particular transfer is achieved, making them available to collateralize another transfer. In the event that consensus is not achieved for the transfer, the Amp collateral can instead be liquidated to cover losses. Amp facilitates instant, verifiable assurances for any pending or future value transfer, so that any actions dependent on the transfer can proceed without delay.
