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.


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

27 Nov 2020 1 minute read 167 comments Igor Tomić

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

#ELI5AMPL Writing Contest and Twitter Giveaway - $1,000 in AMPL Prizes + Extra Prizes (click for details!)

22 Dec 2020 7 minute read 95 comments Igor Tomić

Can you guess what this new writing contest and twitter giveaway with at least $1,000 in AMPL prizes is all about? I imagine you've guessed it - it's all about Ampleforth! Introducing...   #ELI5AMPL Contest and Twitter Giveaway!   AMPL: Ampleforth i...

Top Things You Should Know About Ampleforth (AMPL)

17 Jul 2020 9 minute read 63 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for one of the most interesting projects in Ethereum DeFi – Ampleforth (AMPL). Ampleforth is a relatively new and unknown DeFi project with some very interesting, complex, and lucra...

Ampleforth (AMPL) Integrated for Tipping on Publish0x

24 Nov 2020 7 minute read 69 comments Dan Bainbridge

You might have noticed that we have become a little DeFi obsessed here at Publish0x. Simply put, we think DeFi is where the activity is in blockchain right now. Obviously, Bitcoin is getting attention, and don’t get us wrong, we LOVE Bitcoin. But on...

Guess #AMPL Rebase Competition - Round 3: $200 in $AMPL Rewards!

19 Jan 2021 1 minute read 46 comments Igor Tomić

UPDATE: January 24th 2021: We have our winners! AMPL had a negative rebase of -0.8726 on the 22nd at 2AM UTC. Here are the users who got the closes guesses!   After Round 1, and then Round 2, now it's time for Round 3 of Guess that AMPL Rebase!  ...

Ampleforth AMA from 10th September - Summary

10 Sep 2020 3 minute read 56 comments Ampleforth

Ampleforth runs a Bi-Weekly “office hours” session (AMA) on Discord in which we try to answer any questions put forward by AMPL holders. Today, office hours were held by Brandon Iles, founder of Ampleforth, alongside Simon Manka, Head of Growth. If y...

#Publish0xWinterMeme Twitter Meme Creation Contest - $200 in $AMPL Prizes!

30 Dec 2020 1 minute read 54 comments Igor Tomić

Woohoo, another Twitter Meme Contest is starting! This is a quick and short contest to celebrate the coming of the New Year 2021. ;)   #Publish0xWinterMeme Twitter Contest - $200 in AMPL Prizes!   Topic: The contest is super simple - create a winter...

#AMPLMeme - a Meme Creation Contest on #Publish0x - $400 in $AMPL Prizes!

25 Nov 2020 2 minute read 64 comments Igor Tomić

We've integrated a new token, our first DeFi token - Ampleforth ($AMPL)! To celebrate this, we're holding a meme creation contest with $400 worth of AMPL in prizes!   #AMPLMeme Contest Details Prize Pool: $400 in AMPL RewardsStart: Tuesday, 24th of...

Guess #AMPL Rebase Competition - Round 2: $200 in $AMPL to 3 Best Guessers!

16 Dec 2020 1 minute read 51 comments Igor Tomić

We're running a quick Twitter contest in which you can win with a correct guess... UPDATE - December 21st: Here are the 3 Winners of the Contest - $200 in AMPL Rewarded! Thank you all for taking part in this! You can see how we tweeted out to the wi...

Why would you hold AMPL during a run of negative rebases?

14 Dec 2020 3 minute read 26 comments Brawnd0

Since the integration of Ampleforth into the Publish0x platform, I was quite surprised to see a tonne of controversy surrounding its rebasing mechanism. It seems to me that some people are quite confused about what Ampleforth provides and the directi...