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.

#AMPLificationWeekend on #Publish0x - 50% Bigger Tips ($AMPL ONLY), $100 Giveaway - Win and Get Your AMPL by Tuesday!

1 hour ago 1 minute read 11 comments Igor Tomić

This weekend is getting AMPLified!     You asked for it - we listened. This is what you can look forward to during #AMPLificationWeekend, starting now and ending on Tuesday, Dec 1st: Not a full week ago, we've implemented Ampleforth ($AMPL) for tip...

AMPLmeme contest

2 hours ago 1 minute read 1 comment Quaro

So, to be honest I never heard about Ampleforth before it became the brand new tipping option on Publish0x, but the meme contest is so interesting that I decided to give it a try, and my first thought was "do I really care what coin I'm tipped with?"...

5 altcoins that are outperforming all major cryptocurrencies

16 hours ago 2 minute read 2 comments Roberto D.

XRP, Stellar and Cardano are some of the cryptocurrencies driving this rise: are we witnessing the beginning of a new "alt season", or will everything return to normal?   Bitcoin (BTC) broke above $ 19,000 on November 24 thanks to a new bullish momen...

Hawt off the presses, get ur AMPL memes!

20 hours ago 1 minute read 0 comments Hippos4ever

Let me preface this gallery of memes by saying I’m sure not all of them will be liked, I am doing this as a ironic entry to the AMPL meme contest that is currently running on this platform cause hey, they never said the meme’s had to put a positive n...

Ampleforth added to Publish0x

20 hours ago 2 minute read 0 comments Mamaecrypto

 Publish0x recently introduced Ampleforth ($AMPL) rewards for both readers and publishers of the platform.   If you follow the blog you probably know that I have been repurposing and monetizing my articles on the Publish0x Platfor...

AMPL Empire: Balancer V1 & Uniswap V3 Geyser Running Smooth

26 Nov 2020 5 minute read 3 comments AMPL Caesar

Fellow Ampleforthians,Five days ago, an announcement was made regarding the next round of Liquidity Mining incentives joining the Geyser. With the Beehive V2 coming to a close in the next fortnight, Beehive V3 was always going to be on the cards - it...

Over 1,000 open positions in the Crypto World

26 Nov 2020 23 minute read 8 comments Permabull

If you're as excited about the crypto revolution as myself, you're probably considering to change career to stay within this, always progressing industry. After all, the crypto industry is full of believers like me and you and is a perfect place to j...

Ampleforth is not a stablecoin

26 Nov 2020 1 minute read 0 comments Michael Braga

   Although at first look, AMPL tokens look stablecoin, they really aren't. Their value is variable, which allows them to be included in the group of assets with increased risk. Therefore, Ampleforth tokens are more similar in structure to Bitcoin th...

How to add Ampleforth in your wallet + Publish0x procedure.

25 Nov 2020 3 minute read 2 comments Galaxie Crypto

That’s it, you’ve started to win your first Ampleforth on Publish0x. Yet you look in your wallet and you don’t find that currency. Don’t panic. This new currency uses erc-20 technology. If your wallet accepts erc-20 cryptocurrency, you’ll be able to...

What The Hell Is Ampleforth?

25 Nov 2020 1 minute read 0 comments Lorenzo Castelli

We found it in our wallets, now we'll know what it is. Everything about Ampleforth   First thing: AMPL is  not a stablecoin. Its protocol aims to reduce volatity, but does not eliminate it. As a contercyclical economic example, its supply increases a...