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.

4 Things on Ampleforth's Roadmap to Be Excited About

25 Jan 2021 4 minute read 13 comments kevW!ls0n

An entire ecosystem is being built on top of Ampleforth behind the curtains. Those who don't have time to pay close attention to the roadmap, playbook, and semi-announcements will surely find the upcoming developments beyond exciting.  The idea of th...

"3 reasons why Ethereum price is still on track to top $2,000" My response

10 hours ago 1 minute read 0 comments Sebbe_727

I was reading an article from Cointelegraph that was named "3 reasons why Ethereum price is still on track to top $2,000". This is my response.Ethereum is excellent technology, by all means, the CEO Vitalik Buterin has achieved an excellent trophy by...

Reading to coffee #6

13 Jan 2021 1 minute read 2 comments andrej

Welcome to sixth episode of reading to coffee.  Today topic is: INTERNET   1. Every day there is send more than 300 billions of e-mails. About 97% of them are spam. 2.  Internet is 11630 days old (today 13.1.2020) 3. YouTube upload to internet ever...

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...

How many people visited Ampleforth in last 6 months?

24 Jan 2021 1 minute read 2 comments Suraz Bhattarai

The given below are the data related to Ampleforth for the past six months. The total visit to the website was around 82.69k with average duration of 4 minutes and 11 seconds.  Netherland is the biggest source of traffic with 12.53%. US at second wi...

AMPL One Step Closer to Aave

18 Jan 2021 1 minute read 6 comments Abhimanyu Krishnan

Ampleforth (AMPL) co-founder Brandon Iles has provided an update on the listing of AMPL on Aave. In a post made on Jan. 15, Iles said that a formal AIP had been created and that initial testing is underway. Brandon Iles first suggested the addition...

DeFi: Ampleforth, Maker a great performance

10 Jan 2021 1 minute read 0 comments Gamma

  After the boom of the last few months, the decentralized finance tokens (DeFi) are now stagnating and the total value of the dollar locked in the DeFi protocol has not stopped growing for more than 10 days. In terms of Total Stranded Value (TVL), o...

Ampleforth Statistics

24 Jan 2021 1 minute read 1 comment Boltvitaps

The Ampleforth price today is $ 0.99644600 USD, which is down -0.06% in the last 24 hours. There has been an hourly increase of 0.24%. Ampleforth's market cap is currently at $ 196,699,000.00 USD, staying in a market cap range of 98th. There is an in...

LONELINESS versus SOLITUDE; dance as a practice of freedom

24 Jan 2021 9 minute read 5 comments (S)llew la Wulf

Loneliness... A word that has in so many ways a really bad rep... It is something, a state we, as a people, Westernised people I would add, fear, are ashamed of, feel pity for and spend a lot of time in our lives trying to ensure we do not have to re...

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!  ...