AMPERA is on-chain collateral protocol built on Ethereum, governed by the AMP community. Launched with initial support for USDC and ETH, Ampera allows anyone to quickly assign collateral to a counterparty, claimable under certain predefined conditions. This simple DeFi building block will be the foundation of several different dApps to speed up bridging between chains or L2s to L1s. It can also be integrated with CEXs to provide market makers with a new, more efficient means of arbitraging prices while reducing counterparty risk. With on-chain collateral, the possibilities are endless.

Ampera is the latest project from the Amp community, first established in 2020 with the release of the Amp token, which still powers the Flexa network to this day. The Flexa network was launched to enable the spending of any digital asset at any merchant with zero risk to the merchants of fraud or chargebacks. Since its launch, Flexa has helped enable digital spending via its SPEDN app at merchants across North America. Download the app to pay with crypto today!