Ampleforth (AMPL) - what is it?
Ampleforth is something like an unusual stable coin, i.e. a cryptocurrency that is supposed to maintain the desired price. Many of the existing and popularized on the cryptocurrency market stable coins - such as Tether (USDT), True USD (TUSD) or USD Coin USDC - are centrally controlled.
Ampleforth (AMPL) - how to earn? when is it lost?
The current Ampleforth (AMPL) price is over $ 2. It seems frivolous, since AMPL is to cost $ 1.009 ultimately. So who is buying it today for $ 2.8 and why?
When the average AMPL price is higher than the tolerable range.
The higher the average stock market price, the more tokens go to our wallets. At the current very high prices, Ampleforth can earn up to 10-20% every day. Yes, a day!
This process is designed to reduce the supply of tokens. People will be selling less tokens on the exchange, because they will have less and less.
‼️@Publish0x ‼️
