How does staking work on flexa?

Payments are collateralized by Flexa's ERC-20 token Amp, which can be staked as collateral that receives additional Amp as a staking incentive. (Video) Start Staking $AMP on Flexa Capacity NOW! Dont wait! How does staking on flexa work?

How do I stake my amp?

This will be needed for the gas fee to move your AMP into Flexa Network capacity. Click "Connect your wallet," then select MetaMask and you're ready to stake. Hit Start staking and transfer* the AMP in your MetaMask wallet into either Gemini Pay or SPEDN capacity to support the network and earn AMP tokens as rewards (currently 3.93% APY).

How does Flexa work?

When a transaction is processed on the Flexa Network, a fee is charged of ~1% to the seller. The collected fee is then used to purchase AMP on the market which is then distributed out to stakers as rewards. Do I have to buy the token from Gemini or is it fine if I have bought it on Gateio?

What is AMP token and how does it work?

Owning AMP token is like owning equity in the Flexa Network. Owning AND staking AMP is like owning equity in the Flexa Network AND collecting distributions from earnings. When a transaction is processed on the Flexa Network, a fee is charged of ~1% to the seller.