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.

Coinbase on the edge to add more 19 promising assets.

2 Aug 2020 1 minute read 3 comments alberdioni8406

The American based Crypto exchange Coinbase is exploring more assets to add on their portfolio of trading, and already choosed 19 to offer customers which announced on Friday July 31, 2020. According to Coinbase Blog the team is still exploring more...

The Ample Uniswap C-C-Combo!!!

2 Aug 2020 8 minute read 10 comments Block_Enthusiast

So this changes the dynamics of Uniswap how? To set the scene... We have Ethereum, chomping away, being the best damn smart contracting platform that can be. It's got a native token ETH, the most liquid and trustless asset on its network. On Ethereu...

Ampleforth Update - As AMPL Violently Bounces Back Above $1

1 Aug 2020 1 minute read 5 comments Sapphire

A Day Of Carnage Yesterday we saw Ampleforth get absolutely decimated in a bloodbath that left the AMPL price crushed at $0.62! There is a fair amount of speculation regarding the actual cause of the sell-off but it is most likely just the sell press...

I FOMOd into Ampleforth this week

1 Aug 2020 3 minute read 0 comments rhysmonkey

I ignored Ampleforth for months. I wrote it off for a number of reasons: didn't like the name; thought it was a meme-coin; didn't think it had any use case. Image source   But this week I started to pay more attention. I learnt about this German thi...

31.07.20202 - End of July - News from the block and chain

31 Jul 2020 3 minute read 0 comments Heruvim78

Gas fees - they are higher than ever, and now is indeed a good day to be a farmer, if you have a mining farm (with proper rigs, mining Ethereum is more lucrative than ever, even better than 2017, when ETH used to be $1400).  Elrond mainnet was launc...

Reason AMPL crashed

31 Jul 2020 1 minute read 3 comments 528Beats

Cryytpo news outlets trying to make people believe AMPL crashed because thats the way AMPL is designed, no that was abnormal activity.Thx to Shitcoin Minimalist we have the real reason.Ecosystem fund dumped 15 to 20 million AMPL on Kucoin and Bitfine...

My Ampleforth Strategy!

30 Jul 2020 2 minute read 24 comments Sapphire

Price Actually Does Matter Ever since Ampleforth started to zoom up the rankings on, one would often hear the narrative of "marketcap relevance being superior to price". To the point where price is often seen as completely irrelevan...

Ampleforth | What is going on?

30 Jul 2020 3 minute read 26 comments Mynima

Introduction I've been following this project for a few months now, well ever since @mr_wiki gave us a really good summary article of the project back in March.

How I've lost $2350 (11K BRL) with AMPL (Ampleforth)

30 Jul 2020 2 minute read 5 comments Daniell Mesquita

I had my first Bitcoin in the mid of 2016. Nearly all my investment in bounty campaigns and Ethereum ICOs were a success. My only losses were in foreign blockchains I didn't knew much, such as a token Waves blockchain. There were also small losses in...

How to Get profit from Ampleforth(AMPL) DeFi.

30 Jul 2020 1 minute read 1 comment Kavi

video credit: Defi trader   Decentralised Finance (DeFi) has set a progressive structure in the crypto world and we see lot of good project is built on Ethereum , Tron , Eos  performing well under Defi tags .  Ampleforth is such a Defi project which...