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.

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...

Top Things You Should Know About Ampleforth (AMPL)

17 Jul 2020 9 minute read 111 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...

AMPL is the Most Discussed Asset Proposal on AAVE

23 Mar 2021 3 minute read 4 comments Brawnd0

For those of you following me for some time now, you’re well aware of my fondness for $AMPL and that I’ve been tracking the $AMPL on Aave proposal. And let me tell you, not only is $AMPL on Aave inevitable, but it's also one of the most discussed top...

February Publish0x Ambassadors Leaderboards Contest Completed: $210 in AMPL Rewarded to Top 25 Ambassadors!

25 Mar 2021 1 minute read 5 comments Igor Tomić

Thank you to all of our ambassadors for spreading the word about Publish0x and for referring new users to join the platform! It's time to reward those of you who have referred the most active* new users to Publish0x in February 2021. :) *I feel this...

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...

Ampleforth – Digital Asset Protocol for Smart Commodity Money

30 Mar 2021 2 minute read 5 comments Heath Muchena

The blockchain technology behind cryptocurrency makes it possible to create currencies and programs which would be impossible to make using regular technology. One of these unique cryptocurrencies is called Ampleforth. It is modeled after a theoretic...

AAVE x AMPL a Match Made in Heaven

19 Mar 2021 3 minute read 5 comments Brawnd0

Aave, originally called ETHLend, is considered to be one of the OG’s of the DeFi. It’s one of the top 3 DeFi projects by total value locked and it made it here by pushing the boundaries of what we can do with money, most notably including flash loans...

What's the Problem with $BTC, USD or $DAI that $AMPL solves?

29 Mar 2021 5 minute read 7 comments Chenhuang_defi

Bitcoin won’t become the standard for daily payments. Period.  Don’t get me wrong, I love Bitcoin and believe it will remain as the number 1 cryptocurrency by market cap and succeed massively as the best treasury reserve asset/store of value. But the...

Coinbase Wallet - A Waste of Space?

23 Mar 2021 2 minute read 28 comments rah

Before I start let me make one thing clear. I love Publish0x and I am grateful to both the team and all of my followers as well as incidental readers who come across me by chance or through other platforms I use like Noise:Cash A historical problem...