How do you explain something that you don't really understand yourself? You do a lot of research, make your head hurt, and become totally immersed into a world that becomes unbelievable. The more I study Ampleforth the more I want to invest in this idea.
I call Ampleforth an idea instead of a project because of their groundbreaking techniques of maintaining the stability of AMPL, Ampleforth's native coin. AMPL stability is maintained by volume. If the price of AMPL goes up, then during correction the number of coins decrease. If the price goes down then the number of coins increase. No matter what happens, if you own 20% of the coins in circulation, you own 20% of the coin supply no matter the correction.
Lets put this in simpler terms. Say you own 20% of a orchard. Every year you receive 20% of the harvest. Some years you will receive more and some years less. No matter what you receive 20% of the harvest. This is the way AMPL works and it works very well.
Stable coins are a huge advantage to the violability of the crypto markets. Stable coins that have figured out how to reduce the violability, maintain their stability in the craziest of markets, are your rock in the turbulent waters of todays markets.
