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Ampleforth (AMPL)

665 Articles 37,514 Followers

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.

An Old Publish0x Tipping Strategy Revisited - What I Have Learned

10 Sep 2022 3 minute read 29 comments B18

Unless you like playing with numbers and data, like I do, then this post is probably not your cuppa tea. You may find it hard going but you also may learn something you did not already know. I know I did, but I am not going to spoil it for you. Just...

Top Things You Should Know About Ampleforth (AMPL)

17 Jul 2020 9 minute read 396 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...

I don’t understand all this crypto / NFT talk, what is it? I’m sure someone has asked you that…

25 Aug 2022 1 minute read 1 comment MRyan

I was one of those people at one time, asking that question.  I was given an explanation way over my head at the time.  I remember rolling my eyes and zoning out.          I’ve since read info on PublishOx, talked with friends, & joined Coinbase (The...

I will try to explain the utility of Cryptocurrency under LSD influence.

17 Aug 2022 3 minute read 2 comments Gotama (Kushu Creator)

Cryptocurrency is a currency that is being used in a variety of ways. Its main use is in the financial sector. It is used as a payment method in some financial institutions and as a medium for other payments.It is also a currency of merchants and oth...

How To Maximise Your Hard Earned FARM and AMPL From PublishOx

4 Dec 2021 1 minute read 75 comments That Blockchain Thing

Getting paid, tipped and receiving any from of donations for your written words is always a great feeling. This is why platforms like PubOx are so important to not only the crypto world but budding online writers too.  If you've been here for a while...

ETH Reintegrated for Tipping + Archiving Inactive Accounts + Publish0x Companion App in the Works!

5 Jul 2022 3 minute read 141 comments igort

It's been a while since I've shared an update. That's about to change. Our team has some big news to share with you today regarding what's up with Publish0x! TLDR? 1. Ethereum $ETH reintegrated for tipping (replacing Statera $STA). 2. Accounts inact...

Yield Farming AMPL and ETH

15 Jul 2022 4 minute read 23 comments CryptoMasterMiner

So you have earned some Ampleforth (AMPL) and Ethereum (ETH) on Publish0x - now what? Well you can leave it on the Publish0x or move it to a wallet. Those are both OK options if you don't like to put your crypto to work for you. But what if you want...

Why is your AMPL token increasing in value?

13 Aug 2022 1 minute read 8 comments diaperfinancingfund

Brighter minds than me can explain the principle behind our beloved rebasing crypto AMPL better than me. But I think this is what I need to know: the AMPL token has a flexible supply that will expand and contract in response to market movements so th...

Why don't we like the feds? Explained Under LSD and Weed.

15 Aug 2022 3 minute read 1 comment Gotama (Kushu Creator)

I've been a big believer in the "welfare state, and you're welcome to it". On the state level, this is a real threat to the welfare state, as well as a real possibility for terrorists, such as ISIS. Here's my take on the topic... A couple of things a...

TK's 5 Year Cryptosphere Outlook for 2027

14 Aug 2022 6 minute read 0 comments Thunderboltkid

After reading this post of a similar ilk, The light bulb went on, mainly because the author's vision imo, is so 'off'.  Let's take a look at the five positions posited by this Moscow based self-proclaiming savant of DEFI    1. The metaverse will not...