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.

On Quantitative Easing Pt. 2: The Tale of Ampleland

3 hours ago 12 minute read 4 comments mattdonnellyeth

On Quantitative Easing Pt. 2: The Tale of Ampleland   Modern currencies fall within two categories: either it must be inflationary with a rising supply or deflationary with a decreasing or hard capped supply.  Both of these approaches have problems a...

Act Fast - Instant BNB Rewards

3 hours ago 1 minute read 1 comment Sp427

On the website, profitable promotions occur frequently. Currently, if you act fast, you will receive a free $1 in BNB with a minimum deposit of $5 worth of BNB. *Details shown below This promotion is essentially a 20% bonus if you are dep...

$AMPL on AAVE is Inevitable

10 hours ago 3 minute read 1 comment Chenhuang_defi

The pioneer of elastic supply assets, $AMPL, is on the road to getting listed on Aave and when it finally does, we’ll all be saying “in retrospect, it was inevitable.” Today, we’ll explore that journey and discuss why is it groundbreaking for DeFi. ...

What Is Ampleforth (AMPL) And Is It A Good Investment?

12 hours ago 1 minute read 0 comments wordonthestreet

Both eyes in the cryptocurrency room have been laser oriented on ventures involving blockchain finance for the past several months (DeFi). With supply-demand driven interest rates, flash loans, and crypto-collateralized stable coins, protocols like C...

February 2021 Publish0x Payout Report: We've Sent $15,803.95 Worth of AMPL, FARM, ETH, and BAT!

21 hours ago 2 minute read 20 comments Igor Tomić

Hey guys, I'm going to be doing monthly updates to show you how much tokens (and their $ value) we've sent each month. Let me know if you like to see reports like this one, and if you'd like this series to continue?   Publish0x Monthly Payout Reports...

January 2021 Publish0x Payout Report: We've Sent $19,465.76 Worth of AMPL, FARM, ETH, and BAT!

21 hours ago 3 minute read 1 comment Igor Tomić

Hey guys, I'm going to be doing monthly updates to show you how much tokens (and their $ value) we've sent each month. Publish0x Monthly Payout Reports can all be accessed from here, or via our official blog.   January 2021 Publish0x Payout Report -...

E&S: AMPL, The Rebasing Cryptocurrency

7 Mar 2021 3 minute read 5 comments MikeZillo

Hello Publish0x community and welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. This Sunday we talk about more features of Ampleforth! Last Sunday I introduced you Ampleforth (AMPL) and I said that it is a d...

AMPL/USD Retail Market Structure: Q1 2021 so far

7 Mar 2021 1 minute read 0 comments idm

This post examines AMPL/USD retail price and volume movement from Jan-01 to Mar-06. AMPL entered into 2021 trading just under 1 USD. Strong volume pushed the price to 1.2 USD - and even stronger volume in the second week forced a retreat to 0.8 USD....


5 Mar 2021 2 minute read 4 comments (S)llew la Wulf

    This was me aged 19... If I could go back in time and give myself one piece of advice, it would have been pointless really because I doubt I would have listened 😊. But it might have been something along the lines of; know your own worth. Underst...

Starting Today $AMPL is Completely Censorship Resistant - Here's What That Means

5 Mar 2021 2 minute read 1 comment Chenhuang_defi

On Friday, March 5, 2021, the Ampleforth team announced the removal of token upgradeability for its $AMPL token forever. In other words, the contract upgradability was burned (deleted).  This is a really big deal because it's an action that cannot be...