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.


July 2021 #Publish0x Payout Report: We've Sent $13,386.77 Worth of $AMPL, $iFARM, and $ETH!

7 hours ago 2 minute read 6 comments Igor Tomić

Here's a quick payout report, detailing payouts we've sent to users in July. *All of the Publish0x Monthly Payout Reports can be read from here, or via our official blog. In July, we've sent a total of $13,386.77 worth of AMPL, iFARM, and ETH. We've...

Ampleforth Could Power Increased Localization

3 Aug 2021 3 minute read 0 comments zacharias

3 August 2021:   With the accelerating forces of climate change all but ensuring a move away from globalization, the rise of alternative models of societal organization are bound to include the return of localization.  More emphasis on local societal...

Is it only me not receiving any Publish0x tips??

3 Aug 2021 1 minute read 16 comments Mohsin Rahman

I've been using Publish0x, pioneer in crypto blogging arena. I made several withdrawals as well from P0x. But now for last six hours tips are not received in my account, and kept happening. I didn't any mail for this nor any notice is visible here on...

Publish0x's Value is Immense during this Market Rebound

26 Jul 2021 2 minute read 3 comments Lukros76

In my earnings article a few days back, I talked about the profitability of Publish0x and how effective the methods of obtaining crypto are. I also mentioned that no matter how small the amount, it could one day be very important, as in the long term...

Publish0x Users Rejoice! Ampleforth doubles in price over a few days!

26 Jul 2021 1 minute read 4 comments 3NiGMa

Greetings fellow cryptoheads! Ampleforth is one of the tipping tokens in Publish0x, and has always been a slightly lower-key coin. However, after it's inclusion in Aaves new trading platform, Ampl has skyrocketed over 70% in two days, and over 200% i...

AMPL Becomes 100% Utilized on AAVE in Less Than 24 Hours

25 Jul 2021 3 minute read 1 comment zacharias

25 July 2021:  In less than 24 hours after the official launch of Ampleforth borrowing/lending on the DeFi platform Aave, AMPL reached 100% utilization.  This means that no more AMPL is available for borrowing at this time.  This is a monumental boos...

Guess #AMPL Rebase and Win from $200 in $AMPL Rewards Pool - Round 7!

25 Jul 2021 2 minute read 25 comments Igor Tomić

UPDATE: The rebase on the 28th of July at 2 AM UTC was +0.9146%. And we have our two winners, as announced here:   Here are the tweets from the two winning guessers:     We are rewarding 2 users who get the closes guess of what the rebase of $AMPL...

How Supply and Demand is Rocking and Taking Ampleforth to the MOON

24 Jul 2021 1 minute read 4 comments Defiant Pathfinder

I have bee in these crypto and Forex Markets since 2016 and all these years i have been figuring out what really moves the markets and i have seen a lot but today we are going to talk about only 1. Supply and Demand I am sure you all know that withou...

Ampleforth

24 Jul 2021 5 minute read 8 comments CryptoWingnut

The topic of today’s post is the Ampleforth (AMPL) token, a very interesting algorithmic stablecoin. It uses an interesting elastic supply mechanic as it’s method of rebasing to maintain it’s peg. There is even community governance, so it’s a pretty...

Ampleforth Protocol Expands with AAVE & MIST Integrations

23 Jul 2021 2 minute read 0 comments zacharias

23 July 2021:  It is finally here.  Not only is Ampleforth multichain across Ethereum, Binance, & Matic, but it is now finally integrated with Aave lending & also Alchemist (MIST).  The integration with Alchemist & what MIST is will be the topic of a...