DeFi webinar recording available; Amp now on Zapper; meme contest voting opens soon
The Amp Community Digest for Friday, April 9, 2021
Welcome to another issue of the Amp Community Digest! Catch up with previous issues on Substack (and subscribe to make sure you don’t miss anything). For more frequent updates, make sure to join the Amp community on Discord and Twitter.
In case you missed it…
“How Institutions Will Accelerate DeFi Adoption” webinar
Flexa CEO Tyler Spalding and Compound Labs CEO Robert Leshner joined CoinDesk this week for a great discussion how DeFi is transforming traditional financial services. If you missed it live, the recording is currently available on YouTube.
Amp on the Zapper dashboard
Zapper has added native support for Amp! Users can exchange Amp and provide liquidity to Amp pools right from within their dashboard, and see staked Amp balances in the Flexa Capacity contract. Stay tuned for updates on direct staking.
Metrics update
Current TVL of Flexa Capacity — $546.1 million
Earn rewards for staking your Amp on the Flexa network toward the apps below:
Did you know?
Amp can now be traded on Bamboo Relay, a relayer for the 0x protocol.
Besides Zapper, other asset management tools supporting Amp as an asset include 0xTracker, APY.vision, AstroTools (Uniswap-focused), Bloxy.info, DeBank, Enzyme Finance (formerly Melon Protocol), and Zerion.
DeFi and payments news
The everyday spending of cryptocurrency will be crossing another milestone: PayPal has announced that it is turning on “Checkout with Crypto” for its 29 million online merchants, and will allow its customers to spend cryptocurrency from their PayPal digital wallet with just a few taps using the PayPal wallet.
Visa launched a pilot with Crypto.com to settle payments in USDC on Ethereum. Anchorage, the first federally-chartered digital asset bank, will serve as custodian for Visa’s digital assets on the backend in order to facilitate all payment settlements. If the pilot is successful, more large financial institutions can be expected to follow suit on incorporating cryptocurrency into payment settlement.
Gemini is now enabling crypto payments for sports memorabilia trading by integrating with Goldin Auctions, a leading venue in the space. With NFT trading on the rise, the overlap of collectibles and digital asset payments will further pushes the mainstream towards using cryptocurrency for their spending needs.
Following on the Signal Technology Foundation’s announcement that they were accepting donations with cryptocurrency, users of the Signal messaging app have been invited to beta test sending cryptocurrency to their peers. This feature is enabled via Signal’s integration with MobileCoin, a privacy-focused payments network.
From the community
Congrats to @thecleanblock for winning the latest Twitter giveaway describing their favorite features of Flexa payments as enabled by Amp!
@InfiniteAtman is running an Amp meme contest, which has already seen some absolutely incredible submissions. Voting on the best meme starts at 3pm ET / 7pm GMT tonight, with an opportunity for a giveaway—so watch this thread!
And check out Twitter user @OJ3Dme and family, who were decked out in Amp swag while running errands this weekend. Looking good!