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.


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...

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...

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

13 hours ago 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...

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

1 hour ago 1 minute read 1 comment 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...

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...

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...

How to Withdraw AMPL From Publish0x to Popular DeFi Wallets (Guide)

1 Dec 2020 5 minute read 12 comments Yaz Sheikh

Ampleforth, one of the most interesting DeFi tokens, was recently integrated into the Publish0x tipping system - allowing you to have a 47% chance of getting tipped in $AMPL whether you read or write content.  AMPL rebases its supply every 24 hours,...

To exist or To know, There is the Dilemma

31 Mar 2021 2 minute read 0 comments alquimista1501

There is a big difference between existing and knowing in the cryptographic world; Currently there are more than 9000 tokens, in different forms, concepts and uses. Even so, this number is not defined as limiting and it is very likely that we will se...

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...

Inflation, Bitcoin, and Gold

8 Apr 2021 3 minute read 2 comments The Lynx

I have been hearing about rising inflation for a really long time. It hasn’t happened, yet. It looks as if things may change later this year. When I was a very young man I bought my first CD (certificate of deposit). They are terrible investments tod...