Opinions on AMP

I bought $60 worth of AMP in March with an adv cost of 0.009, leaving me with around 6.6K of them

It was launched in 2020, its main use case was is to provide collateral as a service. & according to its whitepages “It is a digital collateral token that aims to provide instant, verifiable assurances for any kind of value transfer.” “Amp’s unique interface allows for verifiable collateralization through a system of collateral partitions and collateral managers. These partitions can be designated to collateralize any account, application, or transaction, and their balances are directly verifiable on the Ethereum blockchain.”

Sounded like a good buy buy so far it’s done nothing but bleed, with a total return of -22%

But even then, with a adv cost of 0.009 & ATH of .12 makes it seem worth the HODL. Or do I just cut my losses & transfer the remaining balance to Solana?

submitted by /u/Gvazeky
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