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.

$AMPL holders can now claim free $FORTH governance tokens

6 hours ago 2 minute read 0 comments Qryqtx

Publish0x authors and readers alike are well aware of the Ampleforth token abbreviated as $AMPL which is deeply integrated into the Publish0x ecosystem and used for tipping posts across the site. Ampleforth has however long been planning to include a...

Still holding your AMPL? Might receive Free Governance Token from AMPL

8 hours ago 1 minute read 2 comments Keith Thuerk

Still holding your AMPL? Might receive Free Gov. Token from AMPL   Caught a snippet that AMPL is planning on sending its new Governance Tokens to any Crypto Wallet that HAS held or currently holds AMPL. At time of printing this was 75K+ Wallets.   Wh...

What Is A Rebase Token (& Is It Better Than A Stimulus Check)?

20 Apr 2021 4 minute read 1 comment Equational

A cryptographic monetary system in which the supply fluctuates both up and down, as a feature, is known as an elastic supply system. The currencies associated with these types of systems are called “rebase” currencies. The “rebase” refers to the regu...

Bitcoin price analysis of April 20, 2021 and a look at AMPL Ampleforth

20 Apr 2021 1 minute read 1 comment trade60

Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today: MAX 58930            LOW 52360. In recent days, volatility and volumes are increasing. On the 4H chart it is important to hold the suppor...

Bitcoin Continues to Lead Crypto's Dive as Ampleforth Shows Signs of Becoming a Counter Trade

20 Apr 2021 1 minute read 4 comments YankeeKitsune

The pain is continuing for crypto holders the world over as Bitcoin seems to be leading to a major correction of just about every token currently being traded. The losses vary depending on the coin involved, but in general we're seeing billions upo...

[ENG] Publish0x: Earn ETH for Reading and Writing Content / [ITA] Publish0x: Guadagna ETH leggendo e scrivendo articoli

19 Apr 2021 2 minute read 0 comments MrHuman88

[ENG] Publish0x is a blogging platform that allows you to earn money by reading and writing articles.The platform makes seven daily tips available to each member.After reading an article you can decide whether or not to tip the author.You can also de...

Publish0x & Kucoin Partnership: Lending ETH gains on Kucoin

18 Apr 2021 2 minute read 24 comments PVMihalache

The Kucoin - Publish0x partnership concluded the first month! Many users took advantage of the weekly withdraw option and the lower cap available for Ethereum and Ampleforth if the payment will go to Kucoin. I was one of them, mostly driven by the ET...

Blockchain Oracles: in The Belly of The Beast

13 Apr 2021 4 minute read 0 comments SwapSpace

Smart contracts made a revolution in the blockchain space on par with the creation of Bitcoin and the invention of blockchain. However, it didn’t take long till this otherwise highly disruptive technology revealed its major weak point. To function pr...

Round 5! Guess #AMPL Rebase Competition - $200 in $AMPL Rewards!

10 Apr 2021 2 minute read 30 comments Igor Tomić

UPDATE - 16th of April: We have our winners! On the 16th, we finally had a positive +0.6245% rebase, after no rebases between 10th and 15th of April. Our winners are Twitter users who followed the rules of the contest and got the closest guesses!@di...

March 2021 #Publish0x Payout Report: We've Sent $16,514.49 Worth of $AMPL, $FARM, and $ETH!

8 Apr 2021 2 minute read 30 comments Igor Tomić

Here's our March payout report! *Publish0x Monthly Payout Reports can all be accessed from here, or via our official blog.   March 2021 Publish0x Payout Report - $16,514.49 Worth of AMPL, FARM, and ETH Rewarded! In March, we've sent a total of $16,5...