25 Days of Flexa; Flexa Rewards at Regal; fireside chat with Terraform Labs; Bancor double rewards
The Amp Community Digest for Friday, December 31, 2021
As the year winds down, Flexa is busier than ever. It’s been an incredible year of growth for the Flexa and Amp communities. In December, that kicked into overdrive with 25 days of Flexa, a new promotional campaign with Regal, the addition of new merchants like GameStop and Barnes & Noble, and 75 more spendable digital assets.
For new community members, check out previous issues on Substack and subscribe to stay up to date. For additional, more frequent updates, make sure to join the Amp community on Discord and Twitter.
In case you missed it…
New merchants and assets enabled during 25 Days of Flexa
Flexa delivered 25 days of exciting updates this holiday season, enabling many new assets for spending on the network and in the SPEDN app, hosting an AMA with Do Kwon of Terraform Labs, enabling new merchants and promotions, and donating to important causes. For anyone who managed to take a healthy break away from crypto for the month, you can find all the updates on Twitter. On the final day, Flexa announced that it now supports more digital assets than any other payment network!
Regal promo offers 20% off when paying with Flexa
Regal partnered with Flexa to announce a new promotional campaign to spend digital currency at its theaters nationwide. During this promotion, anyone paying with Flexa received 20% off of their next two purchases. This Flexa Rewards promotion showcased how merchants can offer rewards to incentivize their customers to spend digital assets, with both customers and merchants benefitting from Flexa’s instant and affordable payments network.
GameStop live on Flexa
Flexa announced that GameStop is now accepting digital currency payments to the excitement of video game and crypto enthusiasts. As a company that has been embraced by a passionate online community, GameStop is an excellent partner for Flexa and digital currency payments. The news even made its way to the front page of the r/GME subreddit!
Flexa fireside chat with Terraform Labs’ Do Kwon
Last week, Flexa CEO Tyler Spalding fielded questions from the Amp community in a live Twitter Spaces fireside chat. During the first portion of the event, Tyler discussed future L2 staking, why banks might be incentivized to use Flexa, options for fiat payments using Flexa, and the role Flexa could play in growing the metaverse. Do Kwon then joined the talk and the two discussed the Terra ecosystem, the value of uncensorable stablecoins like UST, and the merits of a multi-chain world. If you missed it live, a recording of the chat is available on Discord.
Bancor enables AMP-BNT pool double rewards
Bancor announced double rewards for users who deposit either AMP or BNT in the Bancor AMP–BNT pool. These additional BNT rewards will be live for 8 weeks starting December 13, 2021.
Flexa’s Michelle Gitlitz discusses digital assets at Real Vision Las Vegas
In early December, Flexa General Counsel Michelle Gitlitz spoke to an audience of business executives regarding the importance of digital payments for businesses. While the session is not available publicly, anyone interested in the regulatory and legal side of the digital asset industry can look to hear Michelle speak next year at the 14th annual Judith Olans Brown Forum for Women in the Law Conference in Massachusetts.
Amp now available on HitBTC, CoinSpot, Swyftx
Amp has been enabled on HitBTC, CoinSpot, and Swyftx. With the addition of CoinSpot and Swyftx, the Australian Amp community now has access to an AMP–AUD pair, further expanding global access.
Metrics update
Current TVL of Flexa Capacity — $1.37 billion
Earn rewards for staking your Amp on the Flexa network toward the apps and network transformers below:
From the community
Amp community members came out in full force to share their spending experiences during the 25 Days of Flexa campaign:
Twitter community members @Talihash, @philantoline, and @SecretSqu1rre1 saved 20% off at Regal,
Community member r/crypto_bub spent his Magic Internet Money at GameStop, and
@jenndpelaez spent some of her Basic Attention Tokens while shopping at Nordstrom Rack!
Tweet of the week
Thanks for tuning in! Remember to look for more frequent updates of all things Amp on Discord and Twitter.