There seems to be a lot of buzz around the Ampleforth project these days, so I set out to learn more about it.

I came across lots of confusing terms such as elastic currency, non-dilutive supply, synthetic commodities, fixed supply percentages, and all sorts of other mumbo jumbo. 

I figured it's about time somebody put together a clear and simple explanation of the AMPL token and Ampleforth project, so here it is:

People wanna grab your AMPL => She go PUFF.

People leave your AMPL alone => She go pfffffffffffffff..

Hope that helps clear things up.

And do let me know in the comments if I left any questions unanswered!