Latest Posts with Ampleforth (AMPL) tag

Ampleforth (AMPL)

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Ampleforth (AMPL) is a digital asset, intended to act as a synthetic commodity, similar to Bitcoin and gold. The project gets its name from a character in George Orwell’s novel, 1984.

Founded by Brandon Iles and Evan Kuo, Ampleforth was designed to overcome some of the shortcomings held by assets in the cryptocurrency market, namely their volatile nature. The network’s use of a price-supply equilibrium algorithm is unique, taking into account both supply and price to reach an equilibrium that changes a holder’s supply, but not the price of the token.

While this may suggest that Amples are stablecoins and remain stable in value, they are indeed not. Ampleforth’s whitepaper covers how new baselines in token prices are reached over a period of time. The essence of this idea is that the supply of Ampleforth tokens contract or expand according to demand. The team states that this applies countercyclical pressure and keeps the price stable for long runs.

However, Ampleforth’s resistance to volatility is only one of the positive outcomes from its technical architecture, which the team states will also support medium and long term uses of acting as reserve collateral in decentralized banks and act as an alternative to central bank money, in addition to the short term use as a synthetic commodity digital asset.

Many of the project’s team members are former employees of some of Silicon Valley’s biggest companies, including Google and Uber, and graduates from Yale and Berkeley.

Learn more about Ampleforth (AMPL) here, including news, price predictions, opinions and analyses created by users.


What is Ampleforth, and why are so many people talking about it?

8 hours ago 7 minute read 7 comments TMod_Marco

(Image from Ampleforth) Ampleforth has probably been one of the ‘hottest’ projects the past few weeks. AMPL grew from a $13,500,000 market cap on June 29th to a whopping market cap of over $700,000,000 on July 27th. Giving massive returns to those w...

What is Ampleforth (AMPL)?: The adaptive money that’s built on sound economics

12 Aug 2020 8 minute read 8 comments CryptoSorted

This article will provide you with everything you need to know about Ampleforth (AMPL) token so that you can make informed and independent decisions about whether to buy AMPL or not as part of your overall cryptocurrency investment portfolio. AMPL is...

Ampleforth Set for a Rebound After Removing Pausability?

10 Aug 2020 8 minute read 13 comments CryptoChartWizard91

Ampleforth has been a hot topic of discussion over these past 3 or 4 weeks of trading. I have written a bunch of articles here and here. The coin managed to surge into the top 50 coins as it reached as high as the 30th position at one point in July. ...

Ampleforth Removes Pausability from Its Code Making it Fully Decentralized

10 Aug 2020 1 minute read 6 comments Abhi K

On August 7, Ampleforth (AMPL) co-founder Brandon Iles revealed on the AMPL Talk forum that the team had removed two emergency functions that by default made the system centralized. Meant to protect the network “against unexpected, adverse situations...

AMPLEFORTH / The Good The Bad And The Ugly

8 Aug 2020 3 minute read 6 comments 528Beats

Image SourceThe GoodAmpleforth Geysers exploded on to the DeFi scene with fantastic returns when providing liquidity to the ETH/AMPL Uniswap pool, which was also giving great returns.Everything was going great, i even wrote a blog about (The Power of...

What Should I Do With My Ampleforth? 🤔

8 Aug 2020 1 minute read 2 comments papaPutra

I can't disagree if you think this is a dark and gloomy days for Ampleforth.😔 Head and Shoulder pattern, Large dumps, Negative rebases, FUD. Scary isn't it? 😓 The token itself described as a experimental token. Well, as same as Bitcoin and Ethereum...

State of the Network, August 4th, 2020

5 Aug 2020 3 minute read 4 comments Ampleforth

The Ampleforth community has come a long way since the protocol launched over a year ago. As such, it feels it is the right time to review the state of the network on its continued progress towards decentralization. The incredibly passionate and acti...

AMPL Dump is a Lie?

4 Aug 2020 6 minute read 19 comments Chenhuang_defi

Many of my followers know me from my extensive coverage of Ampleforth recently and, over the past couple of days, I have started to feel that this recent ‘AMPL Dump’ cannot be left uncommented - just for the sake of those that gained interest in AMPL...

DEFI project - AMPL/ETH on Uniswap +Geyser ( after one week)

4 Aug 2020 2 minute read 13 comments Heruvim78

After one week, the things start to catch up some speed in here. The Geyser rewards for the first 7 days are 11.38 AMPL, and the reward multiplier went from x1 to x1.2. It will take 30 days to go to x2, and 60 days to reach maximum of x3. If you are...

Coinbase on the edge to add more 19 promising assets.

2 Aug 2020 1 minute read 3 comments alberdioni8406

The American based Crypto exchange Coinbase is exploring more assets to add on their portfolio of trading, and already choosed 19 to offer customers which announced on Friday July 31, 2020. According to Coinbase Blog the team is still exploring more...